G E Shipping takes delivery of a 2014 built Kamsarmax Dry Bulk Carrier 'Jag Amaira'

The Great Eastern Shipping Company Limited (G E Shipping) took delivery of a 2014 built kamsarmax dry bulk carrier "Jag Amaira" of about 80,919 dwt. The company had contracted to buy the vessel in Q3 FY24.

Including this vessel, the Company's current fleet stands at 43 vessels, comprising 29 tankers (6 crude carriers, 19 product tankers, 4 LPG carriers) and 14 dry bulk carriers aggregating 3.41 Mn dwt.

This vessel is financed entirely from internal accruals. The purpose of the acquisition is expansion of the fleet.

Shares of The Great Eastern Shipping Company Limited was last trading in BSE at Rs. 893.80 as compared to the previous close of Rs. 891.35. The total number of shares traded during the day was 9142 in over 589 trades.

The stock hit an intraday high of Rs. 901.40 and intraday low of 877.50. The net turnover during the day was Rs. 8148349.00.

Source : Equity Bulls

Keywords

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