The Great Eastern Shipping Company Limited (G E Shipping) took delivery of a 2010 built Medium Range product tanker "Jag Priya" of about 49,999 dwt. The Company had contracted to buy the vessel in Fourth Quarter Fiscal Year 2024. Including this vessel, the Company's current fleet stands at 43 vessels, comprising 29 tankers (6 crude carriers, 19 product tankers, 4 LPG carriers) and 14 dry bulk carriers aggregating 3.41 mn dwt.

This vessel is financed entirely from internal accruals. The purpose of the acquisition is expansion of the fleet.