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Great Eastern Shipping Co. Ltd. Capital/Financing Update 2022

Aug 3, 2022

59079_rns_2022-08-03_cdae6497-b240-4b58-adc3-e01b66ccfccb.pdf

Capital/Financing Update

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Our Ref.: S/2022/JMT

August 03, 2022

BSE Limited

1st Floor, Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI – 400 001

National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051

Dear Sir,

We wish to inform you that the Company has delivered its 1997 built Midsize Gas Carrier “Jag Vijaya” to the buyers. The vessel was contracted for sale in May 2022.

A Press Release to be issued in this connection is enclosed.

You are requested to 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 delivers its 1997 built Midsize Gas Carrier

“Jag Vijaya”

The Great Eastern Shipping Company Limited (G E Shipping) delivered its 1997 built Midsize Gas Carrier “Jag Vijaya” to the buyers. The vessel was contracted for sale in May 2022.

Excluding this vessel, the Company’s current fleet stands at 44 vessels, comprising 30 tankers (8 crude carriers, 18 product tankers, 4 LPG carrier) and 14 dry bulk carriers with an average age of 12.80 years aggregating 3.55 mn dwt.

Place: MUMBAI

Date: August 03, 2022

-----------------------------------------visit us at www.greatship.com---------------------------------

For further details, please email us at: [email protected]

www.greatship.com