G E Shipping Adds Secondhand Aframax

India-based Great Eastern Shipping (G E Shipping) has taken delivery of Jag Laxmi, a secondhand Aframax crude carrier, from an undisclosed party. 

The company said it had signed the contract to buy the 105,525 dwt ship in November 2016.

The only tanker that fits the description is the Phoenix Concord, sold to the company in November 2016, VesselsValue’s data shows.

G E Shipping signed contracts to buy two Aframax crude carriers from Greece-based Phoenix Energy Navigation in November. The ships, Phoenix Beacon and Phoenix Concord, were built by South Korea’s shipbuilder Hyundai Heavy Industries (HHI) in 2011 and 2012, respectively.

Earlier this month, G E Shipping added the first Aframax crude carrier.

Including Jag Laxmi, the company has a fleet of 41 vessels, comprising 26 tankers and 15 dry bulk carriers with an average age of 9.18 years and an aggregate tonnage of 3.23 million dwt.

Additionally, G E Shipping plans to add three secondhand Suezmaxes.

Share this article

Follow World Maritime News

In Depth>


<< Jan 2020 >>
30 31 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 31 1 2

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >


Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >