G E Shipping Takes Delivery of Newbuilding Resale Bulker

Mumbai-based Great Eastern Shipping Company Ltd. (G E Shipping) has taken delivery of a newbuilding resale Kamsarmax dry bulk carrier Jag Akshay.

Featuring 82,044 dwt, the vessel was built by China’s Jiangsu New Yangzi Shipbuilding.

The company had contracted to buy the ship in April 2016, G E Shipping said.

The 44,000 gross ton bulker has a length of 229 meters and a width of 32 meters. It has a capacity of 97,000 m3.

Including Jag Akshay, the company’s current fleet stands at 37 vessels, comprising 24 tankers and 13 dry bulk carriers with an average age of 8.93 years, featuring a total of over 2.8 million dwt.

G E Shipping has two more 82,000 dwt bulkers under construction at the same yard. Both ships are scheduled to join the company during 2016.

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