NSEPress Release3d ago · 6 Nov 2026, 06:14 pm
Press Release
The Great Eastern Shipping Company Limited · GESHIP
✦ AI Summary▲ PositiveExpansion
The Great Eastern Shipping Company Limited (GE Shipping) took delivery of a 2015 built secondhand Very Large Gas Carrier 'Jag Vikrant' with a capacity of about 82,000 cbm. The company had contracted to buy the vessel in Q3 FY27 and has also contracted to buy one secondhand Kamsarmax dry bulk carrier and a newbuilding Suezmax tanker.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
The Great Eastern Shipping Company Limited has informed the Exchange regarding a press release dated November 06, 2026, titled "Further to our letter dated October 23, 2026, we wish to inform you that the Company took delivery of 2015 built secondhand Very Large Gas Carrier Jag Vikrant of about 82,000 cbm. The Company had contracted to buy the vessel in Q3 FY27.".
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Our Ref.: S/2026/SECL November 06, 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 October 23, 2026, we wish to inform you that the Company
took delivery of 2015 built secondhand Very Large Gas Carrier “Jag Vikrant” of about
82,000 cbm. The Company had contracted to buy the vessel in Q3 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 secondhand Very Large Gas Carrier
“Jag Vikrant”
On 6th November, The Great Eastern Shipping Company Limited (GE Shipping) took delivery of
2015 built secondhand Very Large Gas Carrier “Jag Vikrant” of about 82,000 cbm. The company
had contracted to buy the vessel in Q3 FY27. This vessel is financed entirely from internal accruals.
After this transaction, the company’s current owned fleet stands at 42 vessels, comprising 26
Tankers (5 Crude Tankers, 16 Product Tankers, 5 LPG Carriers) and 16 Dry Bulk Carriers (2
Capesize, 11 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.38 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,
with the transaction 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 2028–29.
Place: MUMBAI
Date: 6th November 2026
-----------------------------------------visit us at www.greatship.com---------------------------------------
For further details, please email us at: corp_comm@greatship.com
www.greatship.com