G E Shipping Adds Secondhand Supramax

LT Ugland Shipping Mumbai-based Great Eastern Shipping (G E Shipping) has taken delivery of Jag Radha, a secondhand Supramax dry bulk carrier bought in October 2016. The 58,100 dwt Jag Radha, previously known as Star Manx, was purchased from the Isle of Man-based shipping company LT Ugland Shipping, VesselsValues data shows. The dry bulk carrier, which was built by Chinas Tsuneishi Zhoushan, was bought for USD 10.7 million, according to VesselsValue. The 32,354 gross ton vessel features a length of 190 meters and a width of 32.3 meters. Including Jag Radha, the company’s current fleet stands at 38 vessels, comprising 24 tankers and 14 dry bulk carriers, with an average age of 8.9 years and an aggregate tonnage of 2.94 million dwt. Additionally, G E Shipping has one newbuilding Kamsarmax on order and expects the delivery of two secondhand Aframaxes. World Maritime News Staff