G E Shipping contracts to sell its 2005 built Medium Range Product Tanker 'Jag Pooja'

The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2005 built Medium Range Product Tanker, Jag Pooja of about 48,539 dwt on October 17, 2025 to an unaffiliated third party. The vessel will be delivered to the new buyer by Q3 FY26.

Including Jag Pooja, the company's current owned fleet stands at 40 vessels, comprising 26 tankers (5 crude tankers, 17 product tankers, 4 LPG carriers) and 14 dry bulk carriers (2 Capesize, 10 Kamsarmax, 2 Supramax) aggregating 3.21 mn dwt.

Additionally, in Q2 FY26, the company has contracted to buy one secondhand Suezmax crude tanker, and contracted to sell one secondhand Suezmax crude tanker. These three purchase & sale transactions are expected to happen by Q3 FY26.

Shares of The Great Eastern Shipping Company Limited was last trading in BSE at Rs. 1044.85 as compared to the previous close of Rs. 1032.35. The total number of shares traded during the day was 8313 in over 980 trades.

The stock hit an intraday high of Rs. 1046.50 and intraday low of 1026.15. The net turnover during the day was Rs. 8639049.00.

Source : Equity Bulls

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TheGreatEasternShippingCompany INE017A01032 GEShipping Sale MediumRangeProductTanker JagPooja