Great Eastern Shipping To Sell Product Tanker Jag Pooja
PORTS & SHIPPING

Great Eastern Shipping To Sell Product Tanker Jag Pooja

The Great Eastern Shipping Company Ltd has announced the sale of its 2005-built Medium Range Product Tanker Jag Pooja, with a deadweight tonnage (DWT) of about 48,539 tonnes. The vessel was contracted for sale on 17 October 2025 to an unaffiliated third party and is scheduled for delivery to the buyer by the third quarter of FY26.

Following this transaction, Great Eastern Shipping’s owned fleet will consist of 40 vessels — comprising 26 tankers (including five crude tankers, 17 product tankers, and four LPG carriers) and 14 dry bulk carriers (two Capesize, ten Kamsarmax, and two Supramax) — with a combined capacity of 3.21 million DWT.

In addition, during the second quarter of FY26, the company entered into contracts to both acquire and sell one second-hand Suezmax crude tanker each. These three transactions — including the sale of Jag Pooja — are expected to be completed by the third quarter of FY26.

The move forms part of Great Eastern Shipping’s ongoing fleet optimisation strategy, balancing asset sales and acquisitions to maintain operational efficiency and market competitiveness.

The Great Eastern Shipping Company Ltd has announced the sale of its 2005-built Medium Range Product Tanker Jag Pooja, with a deadweight tonnage (DWT) of about 48,539 tonnes. The vessel was contracted for sale on 17 October 2025 to an unaffiliated third party and is scheduled for delivery to the buyer by the third quarter of FY26. Following this transaction, Great Eastern Shipping’s owned fleet will consist of 40 vessels — comprising 26 tankers (including five crude tankers, 17 product tankers, and four LPG carriers) and 14 dry bulk carriers (two Capesize, ten Kamsarmax, and two Supramax) — with a combined capacity of 3.21 million DWT. In addition, during the second quarter of FY26, the company entered into contracts to both acquire and sell one second-hand Suezmax crude tanker each. These three transactions — including the sale of Jag Pooja — are expected to be completed by the third quarter of FY26. The move forms part of Great Eastern Shipping’s ongoing fleet optimisation strategy, balancing asset sales and acquisitions to maintain operational efficiency and market competitiveness.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code