Great Eastern Shipping To Sell Product Tanker Jag Pooja

24 Oct 2025 CW Team

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.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..