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G E Shipping delivers its Suezmax Crude Carrier Jag Laadki to the buyers

G E Shipping delivers its Suezmax Crude Carrier Jag Laadki to the buyers Posted On: 2021-01-26 22:57:27 (Time Zone: Arizona, USA) The Great Eastern Shipping Company Limited (G E Shipping) delivered its 2000 built Suezmax Crude Carrier Jag Laadki to the buyers. The vessel was contracted for sale in November 2020. The Company s current fleet stands at 45 vessels, comprising 32 tankers (9 crude carriers, 18 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.01 years aggregating 3.51 mn dwt. The company has contracted to buy a Secondhand Capesize Bulk Carrier which is expected to be delivered in Q4 FY 2020-21. The company has also contracted to sell its 2006 built Supramax Bulk Carrier Jag Roopa which is expected to be delivered to the buyers in Q4 FY2020-21.

Stocks to track in trade for December 29, 2020: Wipro, 3i Infotech, Biocon, GE Shipping, DLF, AU Small Finance

Updated Dec 29, 2020 | 08:49 IST Jindal Stainless board to meet to consider and review the recommendations of a committee to explore and evaluate options of reorganization and consolidation of its stainless steel businesses Stocks to track in trade for December 29, 2020: Wipro, 3i Infotech, Biocon, GE Shipping, DLF, AU Small Finance Bank   |  Photo Credit: BCCL Key Highlights Wipro s share buyback programme will begin today PE firm Apax to acquire 3i Infotech’s software products business Wipro  IT services major Wipro s share buyback programme will commence on December 29 and close on January 11, 2021. In November, shareholders had approved the buyback plan for the purchase of up to 23.75 crore equity shares at Rs 400 per share, aggregating to an amount of up to Rs 9,500 crore. The company has set December 11, 2020, as the record date for determining eligibility for the buyback.

Great Eastern Shipping Company to sell vessel Jag Roopa in H2 FY21

Great Eastern Shipping Company has contracted to sell its 2006 built Supramax Bulk Carrier, Jag Roopa of about 52,454 dwt. The vessel will be delivered to the new buyers in H2 FY 2020-21. The Company s current fleet stands at 47 vessels, comprising 34 tankers (11 crude carriers, 18 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.48 years aggregating 3.80 mn dwt. The company has contracted to buy a Secondhand Capesize Bulk Carrier which is expected to be delivered in H2 FY 2020-21. The company has also contracted to sell its two oldest Suezmax Crude Carriers Jag Lateef and Jag Laadki which are expected to be delivered

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