The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Pari”, a General Purpose product carrier. The 1982 built vessel of about 29,100 dwt will be delivered to the buyers in Q3 FY2012.
The Company’s current fleet stands at 36 vessels, comprising of 26 tankers (9 crude carriers, 16 product tankers, 1 LPG carrier) and 10 dry bulk carriers (1 Capesize, 3 Kamsarmax, 1
Panamax, 4 Supramax, 1 Handymax) with an average age of 8.3 years aggregating 2.69 mn dwt.
The Great Eastern Shipping Company Ltd. (G E Shipping)
The company has two main business : shipping and offshore. The shipping business is involved in transportation of crude oil, petroleum products, gas and dry bulk commodities. The offshore business services to the oil companies in carrying out offshore exploration and production activities, through its subsidiary Greatship (India) Limited. The shipping business has been awarded the ISO 9001: 2000 standard certification by DNV.
[mappress] Source: G E Shipping, October 4, 2011