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Great Eastern Shipping Co. Ltd. — Capital/Financing Update 2020
Nov 19, 2020
59079_rns_2020-11-19_b9b137f3-6645-49b1-8e99-1c1801c3fa8d.pdf
Capital/Financing Update
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Our Ref.: S/2020/JMT
November 19, 2020
BSE Limited
1[st] Floor, Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI – 400 001
National Stock Exchange of India Limited Exchange Plaza, 5[th] Floor, Plot No. C/1, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051
Dear Sir,
We wish to inform you that the Company took delivery of a secondhand LR2 Product Carrier “Jag Lara” of about 105,258 dwt. The Company had contracted to buy the vessel in Q3 FY21.
A Press Release to be issued in this connection is enclosed.
You are requested to kindly take note of the above.
Thanking You, Yours faithfully, For The Great Eastern Shipping Co. Ltd.
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Jayesh M. Trivedi President (Secl. & Legal) & Company Secretary
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PRESS RELEASE
G E Shipping takes delivery of a Secondhand Long Range 2 Product Carrier
“Jag Lara”
The Great Eastern Shipping Company Limited (G E Shipping) took delivery of a secondhand LR2 Product Carrier “Jag Lara” of about 105,258 dwt. The company had contracted to buy the vessel in Q3 FY21.
Including this vessel, the Company’s current fleet stands at 47 vessels, comprising 34 tankers (11 crude carriers, 18 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.48 years aggregating 3.80 mn dwt. The company has also contracted to buy a Capesize Bulk Carrier which is expected to be delivered in H2FY21.
Place: MUMBAI Date: November 19, 2020
-----------------------------------------visit us at www.greatship.com--------------------------------------For further details, please email us at: [email protected]