Secondhand Suezmax Joins G E Shippings Fleet

Shipspotting Mumbai-based Great Eastern Shipping (G E Shipping) has taken delivery of Jag Laadki, a 2000-built Suezmax crude carrier bought in December 2016.  The company did not reveal the seller of the 150,000 dwt Jag Laadki. However, VesselsValues data shows that G E Shipping purchased Cosmic, a 150,300 dwt tanker, on December 21, 2016. The 2000-built ship was bought from Greece-based shipping company Nereus Shipping for USD 14 million. Earlier this month, the company inked contracts to buy two 157,000 dwt Suezmax crude carriers from Panama-based Bretta Tanker Holdings. The tankers are expected to join the companys fleet in the fourth quarter of fiscal year 2017. Including Jag Laadki, G E Shippings fleet currently stands at 42 vessels, comprising 27 tankers and 15 dry bulk carriers with an average age of 9.54 years and an aggregate tonnage of 3.38 million dwt. World Maritime News Staff; Image Courtesy: Shipspotting