Great Eastern Shipping Company Ltd (GE Shipping) informed that it has contracted to buy two new building Kamsarmax dry bulk carriers, reports local media.
The 80,700 dwt vessels are expected to join the company’s fleet during the fourth quarter of 2010-11 and the first quarter of 2011-12, respectively. GE’s current fleet stands at 48 vessels comprising 36 tankers and 12 dry bulk carriers with an average age of 11.3 years aggregating 3.29 million DWT.
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