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Great Eastern Shipping Co. Ltd. — Capital/Financing Update 2025
Dec 31, 2025
59079_rns_2025-12-31_d706ab4a-b077-4050-b9c0-5e1be1322fab.pdf
Capital/Financing Update
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Our Ref.: S/2025/JMT
December 31, 2025
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
BSE Scrip code: 500620 Trading Symbol - GESHIP
Dear Sir,
We wish to inform you that the Company has contracted to buy a secondhand Medium Range Tanker of about 51,565 dwt on December 31, 2025. The 2013 South Korean built vessel is expected to join the Company’s fleet in Q4 FY26.
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 Company Limited
Digitally signed Anand by Anand Prabhakar Prabhak Punde Date: ar Punde 2025.12.31 16:14:29 +05'30'
Anand Punde
Company Secretary
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PRESS RELEASE
G E Shipping contracts to buy a secondhand Medium Range Tanker
The Great Eastern Shipping Company Limited (G E Shipping) has contracted to buy a secondhand Medium Range Tanker of about 51,565 dwt on December 31, 2025. The 2013 South Korean built vessel is expected to join the Company’s fleet in Q4 FY26.
The proposed vessel will be financed entirely from internal accruals. The purpose of the acquisition is expansion of the fleet.
The company’s current owned fleet stands at 39 vessels, comprising 25 Tankers (5 Crude Tankers, 16 Product Tankers, 4 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 2 Supramax) aggregating 3.17 mn dwt. The Company’s current capacity utilization is close to 100%.
Additionally, the company has contracted to buy one secondhand Very Large Gas Carrier, buy one secondhand Ultramax Dry Bulk Carrier, sell one Kamsarmax Dry Bulk Carrier “Jag Aarati” and sell one Very Large Gas Carrier “Jag Vishnu”. These purchase and sale transactions are expected to be completed in Q4 FY26.
Place: MUMBAI
Date: December 31, 2025
-----------------------------------------visit us at www.greatship.com--------------------------------------For further details, please email us at: [email protected]