Great Eastern Shipping Sells Kamsarmax Vessel Jag Aarati
Filing Summary
The Great Eastern Shipping Company Ltd has entered into a contract to sell its 2011 built Kamsarmax Dry Bulk Carrier, Jag Aarati, with a deadweight tonnage of approximately 80,324. The sale was finalized on December 18, 2025, with delivery to the buyer scheduled for the fourth quarter of fiscal year 2026. The buyer is an unaffiliated third party. This transaction is part of the company’s ongoing fleet management strategy, which includes selling a Suezmax crude tanker and acquiring an Ultramax dry bulk carrier.
The Great Eastern Shipping Company Ltd has contracted to sell its 2011 built Kamsarmax Dry Bulk Carrier, Jag Aarati, with a deadweight tonnage of about 80,324. The sale was finalized on December 18, 2025. The vessel will be delivered to the new buyer, an unaffiliated third party, in the fourth quarter of fiscal year 2026.
Including the Jag Aarati, the company’s current owned fleet consists of 40 vessels. This fleet comprises 26 tankers, including 6 crude tankers, 16 product tankers, and 4 LPG carriers, as well as 14 dry bulk carriers, which include 2 Capesize, 10 Kamsarmax, and 2 Supramax vessels, aggregating to 3.32 million deadweight tonnage.
The company has also contracted to sell a Suezmax crude tanker, with this transaction expected to complete in the third quarter of fiscal year 2026. Additionally, the company plans to acquire a secondhand Ultramax dry bulk carrier, with this transaction anticipated to conclude in the fourth quarter of fiscal year 2026.
The Great Eastern Shipping Company Ltd is focused on strategic fleet management to optimize its operations. The company continues to adjust its fleet composition in line with market conditions and operational requirements.