G E Shipping contracts to sell its 2011 built Kamsarmax Dry Bulk Carrier 'Jag Aarati'

The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2011 built Kamsarmax Dry Bulk Carrier, Jag Aarati of about 80,324 dwt on December 18, 2025 to an unaffiliated third party. The vessel will be delivered to the new buyer in Q4 FY26.

Including Jag Aarati, the company's current owned fleet stands at 40 vessels, comprising 26 tankers (6 crude tankers, 16 product tankers, 4 LPG carriers) and 14 dry bulk carriers (2 Capesize, 10 Kamsarmax, 2 Supramax) aggregating 3.32 mn dwt.

The company has contracted to sell one Suezmax crude tanker and this transaction is expected to be completed in Q3 FY26. Additionally, the company has contracted to buy one secondhand Ultramax dry bulk carrier and this transaction is expected to be completed in Q4 FY26.

Shares of The Great Eastern Shipping Company Limited was last trading in BSE at Rs. 1114.15 as compared to the previous close of Rs. 1105.55. The total number of shares traded during the day was 259313 in over 1380 trades.

The stock hit an intraday high of Rs. 1116.45 and intraday low of 1104.50. The net turnover during the day was Rs. 287871369.00.

Source : Equity Bulls

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TheGreatEasternShippingCompany INE017A01032 GEShipping Sale 2011Built Kamsarmax DryBulkCarrier JagAarati