GE Shipping Contracts to Sell Medium Range Tanker Jag Prakash

GE Shipping contracts to sell its 2007-built Medium Range Tanker Jag Prakash to an unaffiliated third party, with delivery in Q1 FY27.
The company's current owned fleet stands at 40 vessels, comprising 26 tankers and 14 dry bulk carriers, aggregating 3.20 million dwt.
The company has also contracted to buy one secondhand Kamsarmax and one Medium Range Tanker, expected to be completed in Q1 FY27.