GE Shipping contracted to sell its 2003-built Medium Range Tanker 'Jag Pankhi' (46,273 dwt) to an unaffiliated third party on April 7, 2026.
The vessel delivery is scheduled for Q1 FY27, reducing the company's owned fleet to 40 vessels totaling 3.20 million dwt.
The company also contracted to buy one Kamsarmax Dry Bulk Carrier and one Medium Range Tanker while selling another tanker 'Jag Prakash' in Q1 FY27.