GE Shipping takes delivery of 2015 built Very Large Gas Carrier 'Jag Vijay'

The Great Eastern Shipping Company Limited (GE Shipping) took delivery of 2015 South Korean built Very Large Gas Carrier "Jag Vijay" of about 84,048 cbm on January 16, 2026. The company had contracted to buy the vessel in Q3 FY26. This vessel is financed entirely from internal accruals.

The company's current owned fleet stands at 40 vessels, comprising 26 Tankers (5 Crude Tankers, 16 Product Tankers, 5 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 2 Supramax) aggregating 3.22 mn dwt. The Company's current capacity utilization is close to 100%.

Additionally, the company has contracted to buy one secondhand Ultramax Dry Bulk Carrier, buy one secondhand Medium Range Tanker, sell one Kamsarmax Dry Bulk Carrier "Jag Aarati" and sell one Very Large Gas Carrier "Jag Vishnu". These purchase and sale transactions are expected to be completed in Q4 FY26.

Shares of The Great Eastern Shipping Company Limited was last trading in BSE at Rs. 1121.40 as compared to the previous close of Rs. 1121.95. The total number of shares traded during the day was 10145 in over 902 trades.

The stock hit an intraday high of Rs. 1124.20 and intraday low of 1099.90. The net turnover during the day was Rs. 11294272.00.

Source : Equity Bulls

Keywords

TheGreatEasternShippingCompany INE017A01032 GEShipping Delivery VeryLargeGasCarrier JagVijay