GE Shipping signs pact to buy L2R product carrier
DSIJ Intelligence / 03 Aug 2017
The Great Eastern Shipping Company (GE Shipping) has signed a contract to buy a second-hand L2R product carrier of about 105,000 dwt, the company said in a filing on Thursday.
The Great Eastern Shipping Company (GE Shipping) has signed a contract to buy a second-hand L2R product carrier of about 105,000 dwt, the company said in a filing on Thursday.
The company said that the 2009 built vessel is expected to join the company’s fleet in Q2/Q3 FY18.
The stock was trading at Rs 387.30, down by Rs 2.10 or 0.54% as at 1232 hours on Thursday. The stock hit its intraday high and low of Rs 389.55 and 383.45, respectively. The stock attracted a traded volume of 21,391 shares and traded value of Rs 82.53 lakh on the NSE.
The Great Eastern Shipping Company is engaged in the business of providing shipping services. The company’s segments include shipping and offshore. The shipping business is involved in transportation of crude oil, petroleum products, gas and dry bulk commodities.
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