GESHIP : CONTRACTS TO BUY SECONDHAND VLGC OF ABOUT 82,000 CBM

• Company contracted on October 23, 2026 to buy a secondhand Very Large Gas Carrier of about 82,000 cbm • 2015-built vessel expected to join the fleet in Q3 FY27 • Purchase to be financed entirely from internal accruals; stated purpose is fleet expansion • Current owned fleet at 40 vessels (25 tankers, 15 dry bulk carriers) aggregating 3.24 mn dwt, with capacity utilisation close to 100% • Also contracted to buy two secondhand Kamsarmax dry bulk carriers, expected to complete in Q3 FY27 • Entered a contract for a new-building Suezmax tanker scheduled for delivery in H2 FY 2028-29

Great Eastern Shipping Company Ltd

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