NSEPress Release6d ago · 4 Nov 2026, 04:03 pm

Press Release

The Great Eastern Shipping Company Limited · GESHIP

✦ AI Summary▲ PositiveExpansion

The Great Eastern Shipping Company Limited has taken delivery of a 2015 built Kamsarmax Dry Bulk Carrier 'Jag Amit' with a capacity of 81,886 dwt. The company's current owned fleet stands at 41 vessels, with a capacity utilization of close to 100%. The company has also contracted to buy two secondhand vessels and a newbuilding Suezmax tanker.

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment7/10

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Full Announcement

The Great Eastern Shipping Company Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "GE Shipping takes delivery of 2015 built Kamsarmax Dry Bulk Carrier Jag Amit ".

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GESHIP_04112026160319_prtobefiled.pdf

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Our Ref.: S/2026/SECL November 04, 2026 BSE Limited National Stock Exchange of India Limited 1st Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 BSE Scrip code: 500620 Trading Symbol - GESHIP Dear Sir, Further to our letter dated August 07, 2026, we wish to inform you that the Company took delivery of 2015 built Kamsarmax Dry Bulk Carrier “Jag Amit” of about 81,886 dwt. The Company had contracted to buy the vessel in Q2 FY27. A Press Release to be issued in this connection is enclosed. You are requested to take note of the above. Thanking You, Yours faithfully, For The Great Eastern Shipping Company Limited Anand Punde Company Secretary Email ID: anand_punde@greatship.com www.greatship.com PRESS RELEASE GE Shipping takes delivery of 2015 built Kamsarmax Dry Bulk Carrier “Jag Amit” On 4th November, The Great Eastern Shipping Company Limited (GE Shipping) took delivery of 2015 built Kamsarmax Dry Bulk Carrier “Jag Amit” of about 81,886 dwt. The company had contracted to buy the vessel in Q2 FY27. This vessel is financed entirely from internal accruals. After this transaction, the company’s current owned fleet stands at 41 vessels, comprising 25 Tankers (5 Crude Tankers, 16 Product Tankers, 4 LPG Carriers) and 16 Dry Bulk Carriers (2 Capesize, 11 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.33 mn dwt. The Company’s current capacity utilization is close to 100%. Additionally, the Company has contracted to buy one secondhand Kamsarmax dry bulk carrier and one secondhand Very Large Gas Carrier (VLGC), with both transactions expected to be completed in Q3 FY27. Furthermore, the Company has entered into a contract for the acquisition of a newbuilding Suezmax tanker, which is scheduled for delivery in the second half of FY 2028– Place: MUMBAI Date: 4th November 2026 -----------------------------------------visit us at www.greatship.com--------------------------------------- For further details, please email us at: corp_comm@greatship.com www.greatship.com