Great Eastern Shipping Company (GE Shipping) announced that the company took delivery of a modem Supramax Dry Bulk carrier. The 52,179 dwt, 2001 built vessel, now named `Jag Ratan` was contracted in July 2007.
With induction of `Jag Ratan`, the company`s fleet of 49 vessels includes 36 tankers (14 crude carriers, 20 product tankers, 2 LPG carriers) and 13 dry bulk carriers (1 Capesize, 2 Panamax, 1 Supramax, 6 Handymax, 3 Handysize) aggregating 3.34 mn dwt, with an average age of 11.2 years.
The company`s new building order book stands at 6 vessels aggregating 0.46 mn dwt (4 LR1 product tankers aggregating 0.30 mn dwt and 2 Kamsarmax Bulk Carriers aggregating 0.16 mn dwt).
Shares of the company gained Rs 20.6, or 5.14%, to settle at Rs 421.15. The total volume of shares traded was 134,644 at the BSE.
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