The Great Eastern Shipping Co. Ltd. has signed a contract to buy a Supramax Dry Bulk Carrier of about 52,450 dwt. The 2006 built vessel is expected to join the Company's fleet in Q1 FY18.
The company's current fleet stands at 43 vessels, comprising 28 tankers (11 crude carriers, 15 product tankers, 2 LPG carriers) and 15 dry bulk carriers (1 capesize, 8 Kamsarmax, 6 Supramax) with an average age of 9.56 years aggregating 3.54 mn dwt. Additionally, the company has committed to purchase 1 secondhand Suezmax.
Shares of GREAT EASTERN SHIPPING CO.LTD. was last trading in BSE at Rs.385.95 as compared to the previous close of Rs. 393.7. The total number of shares traded during the day was 19478 in over 736 trades.
The stock hit an intraday high of Rs. 394 and intraday low of 382.1. The net turnover during the day was Rs. 7534142.