Industry Insights
How Great Eastern Shipping's Strategic Fleet Expansion Reveals Key Market Opportunities
Tradewinds News1 min read93 views
Major Indian Owner Strikes Again in Red-Hot Sale and Purchase Market
Major diversified Indian owner Great Eastern Shipping once again raided the sales and purchase market, concluding two vessel buys in as many weeks.
Great Eastern’s latest acquisitions comprise of a medium range (MR) tanker and an ultramax bulk carrier, according to the Mumbai-based company’s recent statement.
Photo: Max Wei/Marine Traffic
Indian owner reveals MR tanker and ultramax purchases while netting a $10 million gain on VLGC sale.
Drydel Shipping's ultramax bulker Dionisis has joined the Great Eastern fleet under the name Jag Riddhi.
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