Great Eastern Shipping sells ageing VLGC

India’s Great Eastern Shipping Company has announced the sale of 1994-built VLGC Jag Vishnu to an unnamed buyer.

Great Eastern did not reveal the value of the sale, although MSI values the vessel at $13.5m.

The Japanese built gas carrier has been on long-term charter to Bharat Petroleum, and is scheduled for delivery in the first half of the 2019-20 financial year.

At the moment the vessel is anchored off Mumbai.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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