The Great Eastern Shipping Company has signed a contract to buy a second hand Long Range 2 (LR2) Product Carrier of approximately 105,258 deadweight tonne. The 2012 South Korean constructed vessel is predicted to enter the Company’s fleet in Q3 FY21.
As per a statement released by G E Shipping, current fleet count stands at 46 vessels, comprising 33 tankers (11 crude carriers, 17 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.39 years aggregating 3.70 mn deadweight tonnes.
G E Shipping has already contracted to sell its 1996 built Very Large Gas Carrier Jag Vidhi which will be delivered to buyers in Q3 FY21 .The company has also contracted to buy a Very Large Gas Carrier which is expected to be delivered in Q3FY21.