Great Eastern pounces for aframax pair

India’s Great Eastern Shipping has pounced for a pair of aframaxes. In a filing to the local stock exchange in Mumbai, Great Eastern said it has signed contracts to buy two 105,000 dwt ships, one built in 2011 and the other in 2012. No names of the ships have been revealed. The ships will join Great Eastern’s fleet in the final quarter of 2017.

Great Eastern has been active buying tonnage across a range of sectors this year, including two capesizes, a supramax, a product tanker and a VLGC pushing its fleet close to the 40 mark.


Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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