GE Shipping contracts to buy
The Great Eastern Shipping
Company Ltd (GE Shipping) has signed a contract to buy a very large gas carrier
(VLGC) of about 49,700 DWT (75,000 cbm). The 1990-built vessel is expected to
join its fleet during Q2 FY2013.
The company's current fleet stands at 32 vessels,
comprising 22 tankers (9 crude carriers, 13 product carriers) and 10 dry bulk
carriers (1 Capesize, 3 Kamsarmax, 1 Panamax, 4 Supramax, 1 Handymax), with an
average age of 8.7 years aggregating 2.55 million DWT.
Source : Exim
News Service - MUMBAI, July 5