G E Shipping inks deal to purchase secondhand VLGC

Posted by Daily Shipping Times on 10-08-2018        Tweet

MUMBAI: The Great Eastern Shipping (G E Shipping) has reached an agreement to expand its fleet with a very large gas carrier (VLGC).

Namely, the company informed that it signed a contract to buy a secondhand 81,605 cbm VLGC.

G E Shipping said that the 2006-built unit is expected to join its fleet in the second quarter of the 2019 fiscal year. The company currently has a fleet of 48 vessels, comprising 34 tankers and 14 dry bulk carriers with an average age of 11.03 years.