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Great Eastern Shipping Co. Ltd. — Capital/Financing Update 2020
Oct 23, 2020
59079_rns_2020-10-23_73c5b499-c634-4074-b8de-6fa29edb7e53.pdf
Capital/Financing Update
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Our Ref.: S/2020/JMT
October 23, 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 Very Large Gas Carrier “Jag Vishnu” of about 77,922 cbm. The Company had contracted to buy the vessel in Q2 FY21.
The Company also delivered its 1996 built Very Large Gas Carrier “Jag Vidhi” to the buyers. The vessel was contracted for sale in Q2 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
The Great Eastern Shipping Co. Ltd.
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PRESS RELEASE
G E Shipping takes delivery of a 2002 built Secondhand Very Large Gas
Carrier
“Jag V ishnu ” & delivers its 1996 built Very Large Gas Carrier
“Jag Vidhi” to the buyers
The Great Eastern Shipping Company Limited (G E Shipping) took delivery of a secondhand Very Large Gas Carrier “Jag Vishnu” of about 77,922 cbm. The company had contracted to buy the vessel in Q2 FY21.
G E Shipping also delivered its 1996 built Very Large Gas Carrier “Jag Vidhi” to the buyers. The vessel was contracted for sale in Q2 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 12.53 years aggregating 3.70 mn dwt. The company has also contracted to buy a Long Range 2 Product Carrier which is expected to be delivered in Q3FY21.
Place: MUMBAI Date: October 23, 2020
-----------------------------------------visit us at www.greatship.com--------------------------------------For further details, please email us at: [email protected]
www.greatship.com