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GE Shipping sells suezmax

Mumbai: Great Eastern Shipping has signed a contract to sell its1992 built, 145242-dwt single hull suezmax "Jag Laadki" to an anonymous buyer.  The vessel is slated for delivery during the first quarter of FY 2007-08. With the sale of this vessel, GE Shipping's existing fleet stands at 40 vessels with an accumulated 2.91m dwt and an average age of 12.9 years. It comprises of 31 tankers and nine dry bulk carriers.  [12/02/07]

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