GE Shipping to Sell Aframax Crude Carrier

Thursday, September 13, 2007
GE Shipping has signed a contact to sell its 1986 built Aframax tanker Jag Leher. This Korean built ship of 107,592 dwt was acquired in November 2003. The ship is scheduled for delivery to buyers in Q3 FY 2007-08. The decision to sell this ship is in line with the company's overall strategy of exiting from non-double hull tanker fleet. The Company's current fleet of 46 ships, aggregating 3.22 mn dwt has an average age of 12.2 years and comprises of 13 crude tankers, 19 product carriers, 2 LPG carriers and 12 dry bulk carriers. Source: Equity Bulls

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Sales

Samsung Heavy Loses $4.6-bln FLNG Order

South Korea’s shipbuilder Samsung Heavy Industries (SHI), the world’s third-largest shipbuilder,  has received a contract termination for three floating liquefied

Korean Shipbuilders Maintain Top Ranks, Despite Troubles

Korea's 'Big Three' shipbuilders are still the world's three biggest by order backlog, despite their troubled management, according to data from UK-based Clarkson Research Services.

Japan wants Australian Explaination for Failed Sub Bid

Japan wants Australia to explain why it decided not to pick a Japanese design for a new fleet of submarines choosing instead a proposal from France's DCNS. "The decision was deeply regrettable,

 
 
Maritime Standards Naval Architecture Navigation Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0558 sec (18 req/sec)