Great Eastern Shipping co. Ltd down 0.52%

The Great Eastern Shipping Co. Ltd informs that the company has entered into an agreement with the shipyard to cancel one of the newbuilding Kamsarmax bulk carriers scheduled for delivery in Q1 FY 2012.

With this, the company's orderbook stands reduced to 7 vessels - 2 Supramax bulk carriers, 3 Kamsarmax bulk carriers, and 2 Suezmax tankers.

Shares of the company were down 0.52% at Rs 250.70 on NSE.