GE Shipping Inks Deal To Acquire Medium Range Product Tanker

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Great Eastern Shipping Company said that it has contracted to buy a Medium Range product tanker of about 49,999 deadweight tonnage.

Current fleet

The company’s current fleet stands at 42 vessels, comprising 28 tankers (6 crude carriers, 18 product tankers, 4 LPG carriers) and 14 dry bulk carriers aggregating 3.36 million deadweight tonnage. The company’s current capacity utilisation is close to 100%.

Great Eastern Shipping Company (GE Ship) is India’s largest private sector shipping service provider. The company operates in two main businesses: dry bulk carriers and tankers.

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Source : Business standard

 

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