The Great Eastern Shipping Company Limited has informed the Exchange regarding a press release dated December 18, 2025, titled "G E Shipping contracts to sell its 2011 built Kamsarmax Dry Bulk Carrier Jag Aarati ".
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Great Eastern Shipping has announced the sale of its 2011-built Kamsarmax dry bulk carrier 'Jag Aarati'. The company has informed the stock exchange about this decision via a press release dated December 18, 2025. A Kamsarmax is a type of large dry bulk vessel typically used for transporting commodities like coal, iron ore, and grain. The financial details of the transaction and the buyer have not been disclosed in this filing.
This is a routine fleet management exercise by the shipping company. Asset sales like this help G E Shipping modernize its fleet and free up capital, which is generally viewed as a positive operational move by investors.