G E Shipping To Acquire L2R Product Carrier

Published: Aug 03 2017
Deal Summary

The Great Eastern Shipping Co Ltd. (G E Shipping), a shipping company, entered into an agreement to acquire a second-hand L2R product carrier, located in Mumbai, India.

The carrier is a 2009-built vessel with a dead weight tonnage of approximately 105,000 tons. The vessel is expected to join the company's fleet in the second or third quarter of financial year 2018.

The transaction will enable G E Shipping to expand its fleet of vessels.

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