The Great Eastern Shipping Cmpany (GE Shipping) has penned a contract to purchase a secondhand MR product tanker.

The 2005-Japanese built, 48,539-dwt tanker is expected to join GE Shipping’s fleet in the third quarter of 2017. Financial details of the deal were not disclosed.

The Mumbai-listed shipowner’s current fleet stands at 33 ships comprising of 23 tankers and 10 dry bulk carriers. The company has three newbuilding kamsarmaxes and one secondhand capesize bulker on order.

Published inAsia, Tankers, News Emails