Announced Fri, 19 Dec · 18:31 IST
The Great Eastern Shipping Company Limited has informed the Exchange regarding a press release dated December 19, 2025, titled "We wish to inform you that the Company has contracted to buy a secondhand Very Large Gas Carrier of about 84,048 cbm on December 19, 2025. The 2015 South Korean built vessel is expected to join the Company s fleet in Q4 FY26.".
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Great Eastern Shipping Company has agreed to buy a secondhand Very Large Gas Carrier of about 84,048 cubic metres capacity. The vessel was built in 2015 in South Korea. It is expected to join the company's fleet in the fourth quarter of FY26. This adds to the company's gas carrier segment, expanding its shipping capacity.
Likely market impact
This is a fleet addition that could boost future revenue and earnings once the vessel is delivered, but the purchase price and financing details have not been disclosed, so the short-term financial impact is unclear.