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GE Shipping sells MR tanker

GE Shipping sells MR tanker
Mumbai: The Great Eastern Shipping (GE Shipping) inked a contract on Friday to sell a medium range (MR) product tanker.

The 1996-built, 45,600 dwt tanker Jag Pradip will be delivered to the buyer in the first quarter of 2013.

GE Shipping's current fleet stands at 34 vessels, comprising of 24 tankers (nine crude carriers, 14 product tankers, one LPG carrier) and 10 dry bulk carriers (one capesize, three kamsarmax, one panamax, four supramax, one handymax) with an average age of 8.9 years aggregating 2.62m dwt.