Great Eastern Shipping adds Suezmax Tanker

Posted by Daily Shipping Times on 20-03-2017        Tweet

MUMBAI: Great Eastern Shipping Company (G E Shipping) has taken delivery of Jag Leena, a secondhand Suezmax crude carrier.

In December 2016, the company inked contracts with Panama-based Bretta Tanker Holdings to buy two vessels including Jag Leena.

Jag Leena, previously known as Eugenie, was purchased for USD 36.4 million, according to data provided by VesselsValue.

The 157,700 dwt tanker was built by South Korean shipbuilder Samsung Heavy Industries (SHI) in 2010.

Including Jag Leena, G E Shipping’s fleet currently stands at 43 vessels, comprising 28 tankers and 15 dry bulk carriers with an average age of 9.56 years and a total tonnage 3.54 million dwt. Additionally, the company intends to purchase one secondhand Suezmax.