Date: July 21, 2026
Asset Sale Completion
The Great Eastern Shipping Company Limited (GE Shipping) has completed the delivery of its 2009 built LR2 Product Tanker "Jag Lokesh" to the buyers on July 21, 2026. The vessel was previously contracted for sale in Q2 FY27 (July-September 2026 quarter).
Updated Fleet Composition
Following this transaction, the company's current owned fleet now stands at 40 vessels:
Tankers (25 vessels):
- 5 Crude Tankers
- 16 Product Tankers
- 4 LPG Carriers
Dry Bulk Carriers (15 vessels):
- 2 Capesize
- 10 Kamsarmax
- 1 Ultramax
- 2 Supramax
The total fleet capacity aggregates to 3.24 million deadweight tonnage (dwt).
This disclosure represents a routine update on the company's asset monetization strategy and fleet optimization program, reducing the owned vessel count by one LR2 Product Tanker.