GE Shipping Delivers 'Jag Lokesh' Tanker and Updates Fleet Composition
The Great Eastern Shipping Company Limited (GE Shipping) has successfully completed the delivery of its 2009 built LR2 Product Tanker, 'Jag Lokesh', to buyers. The vessel transfer occurred on July 21, 2026, following a contract for sale that was finalized in Q2 FY27.The transaction marks a key operational update for the shipping company. Following the delivery of the tanker, GE Shipping's current owned fleet stands at 40 vessels. The fleet is comprised across various specialized categories, including tankers and dry bulk carriers, aggregating a total deadweight tonnage (dwt) of 3.24 million tonnes.
The detailed structure of the company’s modern fleet is as follows:
| Vessel Type | Sub-Category | Quantity |
|---|---|---|
| Tankers | Crude Tankers | 5 |
| Tankers | Product Tankers | 16 |
| Tankers | LPG Carriers | 4 |
| Total Tankers | 25 | |
| Dry Bulk Carriers | Capesize | 2 |
| Dry Bulk Carriers | Kamsarmax | 10 |
| Dry Bulk Carriers | Ultramax | 1 |
| Dry Bulk Carriers | Supramax | 2 |
| Total Bulk Carriers | 15 |
In summary, the company's current operational portfolio includes 40 vessels, maintaining a strong presence across both crude and product tanker segments, alongside its diverse dry bulk carrying capacity.
GESHIP Stock Price Movement
The Great Eastern Shipping Company Limited (GESHIP) shares are gaining to ₹1399.2 as of 11:46 AM, continuing a solid upward trend for the stock. Trading is brisk with 156,318 shares changing in response to this daily rally.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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