G E Shipping to Acquire LR2 Tanker
zoomImage for illustrative purposes; Image Courtesy: G E Shipping India-based Great Eastern Shipping (G E Shipping) is continuing with the fleet expansion as it has signed a contract to buy a secondhand LR2 product carrier. G E Shipping has not disclosed the seller of the 105,000 dwt vessel. As informed, the 2009-built tanker is expected to join the company’s fleet in Q2/Q3 FY2018. In June, the company took delivery of Jag Pavitra, a secondhand medium range (MR) product tanker bought in April this year. Currently, G E Shippings fleet stands at 46 vessels, comprising 30 tankers and 16 dry bulk carriers with an average age of 9.76 years aggregating 3.80 mn dwt.