Great Eastern Shipping Company (G E Shipping) has signed a agreement to shop for a secondhandSupramax Bulk Carrier of approximately 56,103 deadweight tonnage (dwt).

The 2013 Japanese constructed vessel is predicted to sign up for the organisation’s fleet in Q1 FY22.Excluding this vessel, the organisation’s cutting-edge fleet stands at forty six vessels, comprising 32 tankers (nine crude providers, 18 product tankers, five LPG carrier) and 14 dry bulk providers with a median age of 11.seventy seven years aggregating three.sixty nine million dwt.

The organisation has shrunk to promote its 2006 constructed Supramax Bulk Carrier “Jag Roopa” that’s predicted to be introduced to the consumers in Q4 FY21. The assertion changed into made after marketplace hours yesterday, three March 2021.On a consolidated basis, the organisation’s internet earnings dropped forty six.7% to Rs 176.33 crore on 30.1% fall in income to Rs 753.24 crore in Q3 December 2020 over Q3 December 2019.

Shares of Great Eastern Shipping Company (G E Shipping) fell 1.51% to Rs 321.eighty on BSE. G E Shipping is India’s biggest personal region delivery carrier provider. The enterprise operates below principal businesses: dry bulk providers and tankers.