G E Shipping Expands Fleet with Secondhand VLGC

ShippingIllustration; Image Courtesy: Pixabay under CC0 Creative Commons license

India-based shipping company Great Eastern Shipping (G E Shipping) has expanded its fleet with the addition of a secondhand very large gas carrier (VLGC).

The vessel in question is the 83,270 cbm Jag Vasant, which the company had contracted to buy in the second quarter of fiscal year 2019.

The company currently has a fleet of 49 vessels, comprising 35 tankers and 14 dry bulk carriers with an average age of 10.9 years.

So far this year, G E Shipping made a number of vessel transactions, as the company reshuffled its fleet.

The company earlier sold two of its dry bulk vessels and reached agreements to purchase a number of secondhand gas carriers.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2020 >>
MTWTFSS
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 1 2 3

Seawork 2020

Seawork is Europe’s leading commercial marine and workboat exhibition, providing businesses the opportunity…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

World Future Ports Summit 2020

This event will bring together ports and maritime shipping professionals from global leading companies and authorities to discuss recent digital technologies…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >