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

May 14, 2021

59079_rns_2021-05-14_b215c2ef-070a-424f-a603-4112fb464303.pdf

Capital/Financing Update

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Our Ref.: S/2021/JMT

May 14, 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 took delivery of a 2013 built Japanese secondhand Supramax Bulk Carrier “Jag Rajiv” of about 56,103 dwt. The Company had contracted to buy the vessel in Q4 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 2013 built Secondhand Supramax Bulk

Carrier

“Jag Rajiv”

The Great Eastern Shipping Company Limited (G E Shipping) took delivery of a 2013 built Japanese secondhand Supramax Bulk Carrier “Jag Rajiv” of about 56,103 dwt. The company had contracted to buy the vessel in Q4 FY21.

Including this vessel, the Company’s current fleet stands at 47 vessels, comprising 33 tankers (9 crude carriers, 18 product tankers, 6 LPG carrier) and 14 dry bulk carriers with an average age of 11.98 years aggregating 3.72 mn dwt.

Place: MUMBAI Date: May 14, 2021

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

www.greatship.com