GE Shipping delivers LPG vessel 'Jag Vishnu' under major fleet overhaul

The Great Eastern Shipping Company Limited (GE Shipping) on Monday delivered its 2002-built LPG vessel 'Jag Vishnu' to unnamed buyers, a carrier that was contracted for sale in Q3 FY26. This delivery is a part of company's fleet overhaul drive.

"GE Shipping delivered its 2002-built Very Large Gas Carrier “Jag Vishnu” to the buyers," the company said in a regulatory filing.

Last month, the shipping service provider took delivery of the 2013 South Korean-built Medium Range Tanker “Jag Pranesh” with a capacity of about 51,565 dwt on February 24. The vessel, as GE Shipping said, was financed entirely from internal accruals


The company has contracted to buy one second-hand Kamsarmax Dry Bulk Carrier, a transaction which is expected to be completed by Q1 FY27.

Following the transaction, GE Shipping's owned fleet stands at 40 vessels, comprising 26 tankers (5 crude tankers, 17 product tankers, 4 LPG carriers) and 14 dry bulk carriers (2 capesize, 9 kamsarmax, 1 ultramax, 2 supramax) aggregating 3.20 million dwt.