GE Shipping acquires MR product tanker

New Delhi, Mar 19 (UNI) GE Shipping today said it took delivery of its new building MR product tanker 'Jag Payal'.

The 37,159 DWT product tanker built at Hyundai Mipo Dockyard Co Ltd, South Korea has 'Ice Class 1 A' notation.

With the induction of the tanker, the company's fleet of 44 vessels comprises 33 tankers (14 crude oil carriers, 17 product carriers, and two LPG carriers) and 11 drybulk carriers (one capesize, two panamax, five handymax and three handysize) with an average age of 12.7 years aggregating 3.22 Mn dwt.

The company's current new building order book comprises seven product tankers -- three medium range and four LR1 Product tankers aggregating 0.43 Mn dwt.

UNI