India-based Great Eastern Shipping Company Limited (G E Shipping) has announced the sale of its supramax dry bulk carrier, Jag Rishi, to an unaffiliated third party.
Key Details of the Sale
- Vessel: Jag Rishi (56,719 DWT)
- Built: 2011
- Buyer: Undisclosed
- Sale Contract Date: January 24, 2025
- Expected Delivery: Q4 FY 2025
While financial details remain undisclosed, the company has confirmed that the vessel will be handed over by the end of the fiscal year 2025.
G E Shipping’s Fleet Overview
Following the sale of Jag Rishi, the company’s fleet will consist of 39 vessels, including:
- 26 tankers
- 5 crude carriers
- 17 product tankers
- 4 LPG carriers
- 13 dry bulk carriers
- 2 capesize
- 8 kamsarmax
- 3 supramax
With a total fleet capacity of 3.10 million DWT, G E Shipping continues to strategically optimize its fleet composition.
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Source: SHIPPING TELEGRAPH
