Fleet Acquisition Details

  • Contracted to buy a secondhand Long Range 2 (LR2) Tanker of approximately 110,000 deadweight tonnage (dwt)
  • Vessel was built in 2015
  • Expected to join the company's fleet in Q2 FY27 (July-September 2026)
  • Acquisition purpose: Expansion of the fleet
  • Financing: Entirely from internal accruals

Current Fleet Status

  • Total owned fleet: 39 vessels
  • Tankers: 24 vessels total
  • Crude Tankers: 5 vessels
  • Product Tankers: 15 vessels
  • LPG Carriers: 4 vessels
  • Dry Bulk Carriers: 15 vessels total
  • Capesize: 2 vessels
  • Kamsarmax: 10 vessels
  • Ultramax: 1 vessel
  • Supramax: 2 vessels
  • Total fleet capacity: 3.19 million dwt
  • Current capacity utilization: Close to 100%

Additional Fleet Acquisition

  • Contracted to buy one secondhand Medium Range Product Tanker
  • This purchase transaction expected to be completed in Q1 FY27 (April-June 2026)

Management and Contact

  • Announcement signed by Anand Punde, Company Secretary
  • Company contact: corp_comm@greatship.com