Tuesday, January 16, 2007

GE Shipping Takes Delivery Of MR Product Tanker

Great Eastern Shipping Company Ltd (GE Shipping) has announced that the Company took delivery of its new building MR product / chemical tanker Jag Panna. The 37,154 DWT product tanker built at Hyundai Mipo Dockyard Co. Ltd, South Korea is dually classed with Det Norske Veritas (DNV) and Indian Register of Shipping (IRS) and has IA Ice Class notation.With the induction of Jag Panna, the Companys fleet of 41 vessels comprises 32 tankers (14 crude oil carriers, 16 product carriers, and 2 LPG carriers) and 9 drybulk carriers (1 panamax, 5 handymax and 3 handysize) with an average age of 13.1 years aggregating 2.96 Mn dwt.The Companys current new building order book comprises 8 Product tankers (4 Medium Range and 4 LR1 Product tankers aggregating around 0.47 Mn dwt).

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