The Great Eastern Shipping Company Limited has informed the Exchange regarding a press release dated October 30, 2025, titled "G E Shipping takes delivery of 2010 built Suezmax Crude Carrier Jag Laadki ".
GESHIP · price
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Awaiting price reaction for this filing.
Great Eastern Shipping Company (G E Shipping) has taken delivery of a 2010-built Suezmax Crude Carrier named 'Jag Laadki.' The vessel is a secondhand acquisition, adding to the company's crude tanker fleet. Suezmax is a large class of crude oil tankers designed to transit the Suez Canal fully loaded. No financial details of the deal have been disclosed in the filing.
Modest positive for shareholders as the addition expands the company's crude tanker capacity and revenue potential, though a 2010-built secondhand vessel suggests a value-acquisition rather than a high-ticket newbuild.