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GE Shipping takes delivery of 2015 built Long Range 2 Tanker ‘Jag Laxman’
Jul-10-2026

Great Eastern Shipping Company (GE Shipping) has taken delivery of 2015 built Long Range 2 Tanker ‘Jag Laxman’ of about 109,990 dwt. The company had contracted to buy the vessel in Q1FY27. This vessel is financed entirely from internal accruals.

After this transaction, the company’s current owned fleet stands at 41 vessels, comprising 26 Tankers (5 Crude Tankers, 17 Product Tankers, 4 LPG Carriers) and 15 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.35 mn dwt. The Company’s current capacity utilization is close to 100%.

Of the above, the company has contracted to sell one secondhand Long Range 2 Product Tanker, and this sale transaction is expected to be completed in Q2 FY27.

The Great Eastern Shipping Company is India's largest private sector shipping service provider enjoying a formidable presence in the international maritime industry.


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