G E Shipping takes delivery of a 2013 built Secondhand Supramax Bulk Carrier

The Great Eastern Shipping Company Limited (G E Shipping) took delivery of a 2013 built Japanese secondhand Supramax Bulk Carrier "Jag Rajiv" of about 56,103 dwt. The company had contracted to buy the vessel in Q4 FY21.

Including this vessel, the Company's current fleet stands at 47 vessels, comprising 33 tankers (9 crude carriers, 18 product tankers, 6 LPG carrier) and 14 dry bulk carriers with an average age of 11.98 years aggregating 3.72 mn dwt.

Shares of GREAT EASTERN SHIPPING CO.LTD. was last trading in BSE at Rs.377.1 as compared to the previous close of Rs. 391.25. The total number of shares traded during the day was 23974 in over 1469 trades.

The stock hit an intraday high of Rs. 399 and intraday low of 376.85. The net turnover during the day was Rs. 9151239.

Source : Equity Bulls

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