G E Shipping contracts to sell its 2002 built Very Large Gas Carrier 'Jag Vishnu'

The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2002 built Very Large Gas Carrier, Jag Vishnu of about 77,922 cbm on December 26, 2025 to an unaffiliated third party. The vessel will be delivered to the new buyer in Q4 FY26.

Including Jag Vishnu, the company's current owned fleet stands at 39 vessels, comprising 25 Tankers (5 Crude Tankers, 16 Product Tankers, 4 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 2 Supramax) aggregating 3.17 Mn dwt.

Additionally, the company has contracted to buy one secondhand Very Large Gas Carrier, one secondhand Ultramax Dry Bulk Carrier and sell one Kamsarmax Dry Bulk Carrier "Jag Aarati". 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. 1106.95 as compared to the previous close of Rs. 1108.90. The total number of shares traded during the day was 6014 in over 555 trades.

The stock hit an intraday high of Rs. 1112.50 and intraday low of 1097.00. The net turnover during the day was Rs. 6642490.00.

Source : Equity Bulls

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TheGreatEasternShippingCompany INE017A01032 GEShipping Sale VeryLargeGasCarrier JagVishnu