GE Shipping adds Capesize carrier in its fleet

New Delhi, Mar 6 (UNI) GE Shipping today took the delivery of 1,64,796 dwt modern Capesize dry bulk carrier.

The ship named 'Jag Arjun' is the largest vessel in the company's dry bulk fleet and was contracted in September 2006.

With induction of the new carrier, the company's fleet of 42 vessels comprises 32 tankers (14 crude oil carriers, 16 product carriers, and 2 LPG carriers) and 10 drybulk carriers (1 capesize, 1 panamax, 5 handymax and 3 handysize) with an average age of 12.9 years aggregating 3.11 million dwt.

The company's current new building order book comprises eight product tankers (4 Medium Range and 4 LR1 Product tankers aggregating 0.47 million dwt).

UNI