MUMBAI: The Great Eastern Shipping Company (GE Shipping) took delivery of a secondhand medium gas carrier "Jag Vijaya" (1997 Built) of about 35,420 cubic metres (cbm). The company had contracted to buy the vessel in September 2017.
The company's current fleet stands at 47 vessels, comprising 31 tankers (12 crude carriers, 16 product tankers, 3 LPG carrier) and 16 dry bulk carriers (1 Capesize, 8 Kamsarmax, 7 Supramax) with an average age of 9.98 years aggregating 3.83 million deadweight tonnage (dwt). Additionally, the company has committed to purchase 1 secondhand Large Range 2 (LR2) product carrier.
GE Shipping has two main business: shipping and offshore. The shipping business is involved in transportation of crude oil, petroleum products, gas and dry bulk commodities. The offshore business services to the oil companies in carrying out offshore exploration and production activities, through its subsidiary Greatship (India).