The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2005 built 47 999 dwt medium range product tanker, Jag Padma on 31 October 2024 to an unaffiliated third party. The vessel will be delivered to the new buyer by 3Q25.
Including Jag Padma, the company’s current fleet stands at 41 vessels, comprising 28 tankers (6 crude carriers, 18 product tankers, 4 LPG carrier) and 13 dry bulk carriers (2 Capesize, 8 Kamsarmax, 3 Supramax) aggregating 3.31 million dwt. Additionally, the company has contracted to sell one Suezmax crude tanker in September 2024, which is due for delivery by 3Q25.