G E Shipping Sells Kamsarmax Newbuilding

Mumbai-based Great Eastern Shipping Company Ltd. (G E Shipping) has signed a contract to sell its newbuilding Kamsarmax dry bulk carrier to an undisclosed buyer.

The 81,600 dwt Jag Akash is currently under construction at Tsuneishi Heavy Industries (Cebu) Inc., the Philippines, and will be delivered to G E Shipping in August/September 2015, after which it will be delivered to the new owner.

After the sale of the Jag Akash, G E Shipping will operate a fleet of 30 vessels, comprising 21 tankers and 9 dry bulk carriers with an average age of 9.6 years and an aggregate tonnage of  2.36 million dwt.

The company’s newbuilding orderbook now stands at three 82,000 dwt Kamsarmaxdry bulk carriers under construction at Jiangsu New Yangzi Shipbuilding Co. Ltd.,China, and one 50,000 dwt MR product tanker being built by STX (Dalian) Shipbuilding Co. Ltd.,China.

Share this article

Follow World Maritime News

In Depth>


<< Apr 2019 >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >