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Great Eastern Shipping Co. Ltd. — Capital/Financing Update 2020
Nov 14, 2020
59079_rns_2020-11-14_5eb9a5d8-278b-430d-8378-b4b274e489de.pdf
Capital/Financing Update
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November 14, 2020
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Our Ref.: S/2020/JMT
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 signed a contract to buy a secondhand Capesize Bulk Carrier. The 2014 Philippines built vessel is expected to join the Company’s fleet in H2 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
www.greatship.com
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PRESS RELEASE
G E Shipping contracts to buy a Secondhand Capesize Bulk Carrier
The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a secondhand Capesize Bulk Carrier. The 2014 Philippines built vessel is expected to join the Company’s fleet in H2 FY21.
The Company’s current fleet stands at 46 vessels, comprising 33 tankers (11 crude carriers, 17 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.39 years aggregating 3.70 mn dwt. The company has also contracted to buy a secondhand LR2 tanker which will be delivered to us in Q3 FY21.
Place: MUMBAI Date: November 14, 2020
-----------------------------------------visit us at www.greatship.com---------------------------------------
For further details, please email us at: [email protected]
www.greatship.com