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Great Eastern Shipping Co. Ltd. Capital/Financing Update 2021

Feb 1, 2021

59079_rns_2021-02-01_52dacbb9-3170-4211-812f-381524f3204f.pdf

Capital/Financing Update

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Our Ref.: S/2021/JMT

February 01, 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 taken delivery of a second hand Capesize Bulk Carrier “Jag Alaia” of about 180,694 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

www.greatship.com

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PRESS RELEASE

G E Shipping takes delivery of a Secondhand Capesize Bulk Carrier

“Jag Alaia”

The Great Eastern Shipping Company Limited (G E Shipping) took delivery of a secondhand Capesize Bulk Carrier “Jag Alaia” of about 180,694 dwt. The company had contracted to buy the vessel in Q3 FY21.

Including this vessel, the Company’s current fleet stands at 46 vessels, comprising 32 tankers (9 crude carriers, 18 product tankers, 5 LPG carrier) and 14 dry bulk carriers with an average age of 11.77 years aggregating 3.69 mn dwt. The company has contracted to sell its 2006 built Supramax Bulk Carrier “Jag Roopa” which is expected to be delivered to the buyers in Q4 FY2020-21.

Place: MUMBAI

Date: February 01, 2021

-----------------------------------------visit us at www.greatship.com--------------------------------------For further details, please email us at: [email protected]

www.greatship.com