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Great Eastern Shipping Co. Ltd. — Capital/Financing Update 2020
Dec 28, 2020
59079_rns_2020-12-28_8f158cf3-0854-42c2-b30d-fdda451fb95d.pdf
Capital/Financing Update
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Our Ref.: S/2020/JMT
December 28, 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 has delivered its 2000 built Suezmax Crude Carrier “Jag Lateef” to the buyers. The vessel was contracted for sale in November 2020.
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
www.greatship.com
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PRESS RELEASE
G E Shipping delivers its Suezmax Crude Carrier
“Jag Lateef” to the buyers
The Great Eastern Shipping Company Limited (G E Shipping) delivered its 2000 built Suezmax Crude Carrier “Jag Lateef” to the buyers. The vessel was contracted for sale in November 2020.
The Company’s current fleet stands at 46 vessels, comprising 33 tankers (10 crude carriers, 18 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.24 years aggregating 3.66 mn dwt. The company has contracted to buy a Secondhand Capesize Bulk Carrier which is expected to be delivered in H2 FY 2020-21. The company has contracted to sell its oldest Suezmax Crude Carrier “Jag Laadki” which is expected to be delivered to the buyers in H2 FY2020-21. The company has also contracted to sell its 2006 built Supramax Bulk Carrier “Jag Roopa” which is expected to be delivered to the buyers in H2 FY2020-21.
Place: MUMBAI Date: December 28, 2020
-----------------------------------------visit us at www.greatship.com--------------------------------------For further details, please email us at: [email protected]
www.greatship.com