G E Shipping takes delivery of a Secondhand Long Range 2 Product Carrier

Biznextindia : The Great Eastern Shipping Company Limited (G E Shipping) on Thursday announced that it has taken delivery of a secondhand LR2 Product Carrier “Jag Lara” of about 105,258 dwt. The company had contracted to buy the vessel  in Q3 FY21.

Including this vessel, the Company’s current fleet stands at 47 vessels, comprising 34 tankers (11  crude carriers, 18 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of  12.48 years aggregating 3.80 mn dwt. The company has also contracted to buy a Capesize Bulk Carrier which is expected to be delivered in H2FY21.