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Great Eastern Shipping Co. Ltd. — Capital/Financing Update 2021
May 11, 2021
59079_rns_2021-05-11_c33032eb-b783-403f-b924-741274532bc4.pdf
Capital/Financing Update
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Our Ref.: S/2021/JMT
May 11, 2021
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 contracted to sell its 1996 built Midsize Gas Carrier, Jag Vayu (1996 Built) of about 36,567 cbm. The vessel will be delivered to the new buyers in H1 FY 2021-22.
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 contracts to sell its old Midsize Gas Carrier (1996 Built)
“Jag Vayu”
The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 1996 built Midsize Gas Carrier, Jag Vayu (1996 Built) of about 36,567 cbm. The vessel will be delivered to the new buyers in H1 FY 2021-22.
Including this vessel, the Company’s current fleet stands at 46 vessels, comprising 33 tankers (9 crude carriers, 18 product tankers, 6 LPG carrier) and 13 dry bulk carriers with an average age of 12.02 years aggregating 3.66 mn dwt. The company has previously contracted to buy a 2013 built Japanese Supramax Bulk Carrier which is expected to be delivered in Q1 FY 2021-22.
Place: MUMBAI Date: May 11, 2021
-----------------------------------------visit us at www.greatship.com--------------------------------------For further details, please email us at: [email protected]