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GE Shipping buys a supramax dry bulk carrier

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Dry Bulk,

The Great Eastern Shipping Co. Ltd (GE Shipping) has signed a contract to buy a supramax dry bulk carrier of about 58 000 DWT. The 2009 built vessel is expected to join the Company’s fleet in Q3 FY17.

The company’s current fleet stands at 37 vessels, comprising 24 tankers (seven crude carriers, 15 product tankers, two LPG carrier) and 13 dry bulk carriers (one capesize, seven kamsarmax and five supramax) with an average age of 8.93 years aggregating 2.88 million DWT. Additionally, the company has one new build kamsarmax on order.

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