You are here: Home » News-CM » Companies » News
Business Standard

Great Eastern Shipping Company acquires Secondhand Very Large Gas Carrier to 'Jag Vishnu'

Capital Market 

Great Eastern Shipping Company has taken delivery of a second hand Very Large Gas Carrier Jag Vishnu of about 77,922 cbm. The Company had contracted to buy the vessel in Q2 FY21.

The Company also delivered its 1996 built Very Large Gas Carrier Jag Vidhi to the buyers.

The vessel was contracted for sale in Q2 FY21.

The Company's current fleet stands at 46 vessels, comprising 33 tankers (11 crude carriers, 17 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.53 years aggregating 3.70 mn dwt. The company has also contracted to buy a Long Range 2 Product Carrier which is expected to be delivered in Q3FY21.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, October 23 2020. 16:26 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU