GE Shipping augments fleet

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28 Sep 2007

GE Shipping has informed the BSE that the company has taken delivery of a 147,000 dwt, 2000 built modern double hull Suezmax Tanker. Now named Jag Lakshita, the vessel was contracted in June 2007. The rationale behind the purchase of a modern double hull Suezmax Tanker is to increase and modernise the crude tanker fleet. In line with this view, the company took delivery of another modern double hull Suezmax Tanker, called Jag Lateef, last week. With the induction of Jag Lakshita, the company's fleet now stands at 48 vessels (15 crude carriers, 19 product carriers, two LPG carriers and 12 drybulk carriers) with an average age of 11.8 years aggregating 3.51 million dwt. - Our Bureau

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