The Great Eastern Shipping Company Limited — Updates, 25-07-2025: Press Release

G E Shipping is expanding its dry bulk fleet by contracting to buy an 81,843 dwt Kamsarmax vessel. This 2015-built ship is set to join the fleet by Q3 FY26, boosting the total to 39 vessels aggregating 3.13 mn dwt. The acquisition aims at modernizing and expanding the fleet, leveraging the company's near 100% capacity utilization. Significantly, the purchase will be fully financed through internal accruals, indicating strong financial health and prudent capital allocation.