The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2011 built Supramax Dry Bulk Carrier, Jag Rani of about 56,820 dwt on August 29, 2024 to an unaffiliated third party. The vessel will be delivered to the new buyer by Third Quarter fiscal year 2025. Including Jag Rani, Company's current fleet stands at 43 vessels, comprising 29 tankers (6 crude carriers, 19 product tankers, 4 LPG carrier) and 14 dry bulk carriers (2 Capesize, 8 Kamsarmax, 4 Supramax) aggregating 3.41 Mn dwt.

Additionally, the company had contracted to sell one MR product tanker in July 2024, which is due for delivery by Third Quarter fiscal year 2025.