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Great Eastern Shipping Co. Ltd. — Capital/Financing Update 2025
Sep 15, 2025
59079_rns_2025-09-15_cfb3938f-6b3c-457c-8566-faeab8e8062a.pdf
Capital/Financing Update
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Our Ref.: S/2025/JMT
September 15, 2025
BSE Limited
BSE Limited National Stock Exchange of India Limited 1st Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051
BSE Scrip code: 500620 Trading Symbol - GESHIP
Dear Sir,
We wish to inform you that the Company has contracted to sell its 2005 built Suezmax Crude Tanker, Jag Lok of about 158,280 dwt on September 15, 2025 to an unaffiliated third party. The vessel will be delivered to the new buyer by Q3 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
Anand Digitally signed Prabhak by Anand Prabhakar Punde ar Date: 2025.09.15 15:58:30 +05'30' Punde
Anand Punde
Company Secretary
Email ID: [email protected]
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PRESS RELEASE
G E Shipping contracts to sell its 2005 built Suezmax Crude Tanker
“Jag Lok”
The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2005 built Suezmax Crude Tanker, Jag Lok of about 158,280 dwt on September 15, 2025 to an unaffiliated third party. The vessel will be delivered to the new buyer by Q3 FY26.
Including Jag Lok, the company’s current fleet stands at 38 vessels, comprising 26 tankers (5 crude tankers, 17 product tankers, 4 LPG carriers) and 12 dry bulk carriers (2 Capesize, 8 Kamsarmax, 2 Supramax) aggregating 3.04 Mn dwt. Additionally, the company has contracted to buy 2 secondhand Kamsarmax dry bulk carriers and 1 Suezmax crude tanker in Q2 FY26. All these ships are expected to join the fleet by Q3 FY26.
Place: MUMBAI
Date: September 15, 2025
-----------------------------------------visit us at www.greatship.com--------------------------------------For further details, please email us at: [email protected]