Great Eastern Shipping Continues Fleet Renewal with New Kamsarmax Acquisition
India's The Great Eastern Shipping has maintained its consistent fleet renewal efforts, acquiring another secondhand bulk carrier as it strategically reshapes its portfolio. The Mumbai-listed company announced it has agreed to purchase a Japanese-built kamsarmax vessel from 2014. While specific details of the transaction were not disclosed, the 81,094 deadweight tonnage ship is expected to be integrated into the fleet soon.