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G E Shipping contracts to sell 2005 built Suezmax Crude Tanker ‘Jag Lok’
Sep-15-2025

The Great Eastern Shipping Company (G E Shipping) has contracted to sell its 2005 built Suezmax Crude Tanker, Jag Lok of about 158,280 dwt on September 15, 2025 to an unaffiliated third party. The vessel will be delivered to the new buyer by Q3 FY26.

Including Jag Lok, the company’s current fleet stands at 38 vessels, comprising 26 tankers (5 crude tankers, 17 product tankers, 4 LPG carriers) and 12 dry bulk carriers (2 Capesize, 8 Kamsarmax, 2 Supramax) aggregating 3.04 Mn dwt. Additionally, the company has contracted to buy 2 second-hand Kamsarmax dry bulk carriers and 1 Suezmax crude tanker in Q2 FY26. All these ships are expected to join the fleet by Q3 FY26. 

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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