GE Shipping signs agreement for the sale of Jag Ratan

Great Eastern Shipping Company Limited (GE Shipping) has signed an agreement for the sale of its Supramax bulker, Jag Ratan. The 2001-built bulker has a DWT of 52,179 tonnes. It is expected to be delivered to its buyer during the first half of 2018-19. Including Jag Ratan, GE Shipping’s current fleet stands at 49 vessels, comprising 34 tankers and 15 dry bulk carriers with an average age of 10.68 years, aggregating 3.97 million DWT.