GE Shipping signs contract for two dry bulk carriers
Great Eastern Shipping signed a contract with SPP Shipbuilding, Korea for two new building Kamsarmax dry bulk carriers.
By INDIATIMES NEWS NETWORK |
MUMBAI - Great Eastern Shipping signed a contract with SPP Shipbuilding, Korea for two new building Kamsarmax dry bulk carriers. These vessels of 81,000 dead weight tonne capacity will join the company’s fleet in the first quarter of 2011-12 (Apr-Mar).
Earlier, the company had placed orders for four Supramax and two Kamsarmax dry bulk carriers. With this contract, the company's new building order book comprises 12 vessels aggregating 0.85 million dead weight tonne.
Shares of GE Shipping were down 1.14 per cent at Rs 502.10 on the BSE.
Earlier, the company had placed orders for four Supramax and two Kamsarmax dry bulk carriers. With this contract, the company's new building order book comprises 12 vessels aggregating 0.85 million dead weight tonne.
Shares of GE Shipping were down 1.14 per cent at Rs 502.10 on the BSE.
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
