Great Eastern Shipping Adds a Very Large Gas Carrier to their Fleet

BW Denise
BW Denise, a VLGC owned by BW Gas, image: BW

India’s Great Eastern Shipping Company Limited has signed a contract today to buy a Very Large Gas Carrier (VLGC) of about 49,700 dwt (75,000 cbm). The 1990-built vessel is expected to join their fleet during Q2 FY2013.

Great Eastern’s current fleet stands at 32 vessels, comprising 22 tankers (9 crude carriers, 13 product carriers) and 10 dry bulk carriers (1 Capesize, 3 Kamsarmax, 1 Panamax, 4 Supramax, 1 Handymax) with an average age of 8.7 years aggregating 2.55 million dwt.