The Great Eastern Shipping Company Ltd (GE Shipping) recently took delivery of its 318,000-DWT very large crude carrier Maneklal Ujamshi Sheth from Hyundai Heavy Industries Ltd (HHI), South Korea, and subsequently delivered the vessel to its new buyers.

The vessel is one of the 3 VLCCs the company had ordered at HHI in April 2010, and subsequently contracted to sell in Q1 FY12. The remaining 2 VLCCs will be delivered to the buyers between February and April 2012.

GE Shipping’s current fleet stands at 34 vessels, comprising 24 tankers (9 crude carriers, 14 product carriers, 1 LPG carrier) and 10 dry bulk carriers (1 Capesize, 3 Kamsarmax, 1 Panamax, 4 Supramax, 1 Handymax) with an average age of 8.9 years, aggregating 2.62 million DWT.

(Sourced from Exim News Service)