Great Eastern Shipping Company Ltd (GE Shipping) informed the Bombay Stock Exchange that it has contracted to buy two
new building Kamsarmax dry bulk carriers, according to a report on http://sify.com.
The 80,700 dwt vessels are expected to join the company’s fleet during the fourth quarter of 2010-11 and the first quarter of 2011-12, respectively.
GE’s current fleet stands at 48 vessels comprising 36 tankers (14 crude carriers
, 20 product tankers, two LPG carriers) and 12 dry bulk carriers with an average age of 11.3 years aggregating 3.29 million DWT, according to the report on http://sify.com.