We wish to inform you that the Company has entered into a contract for acquisition of a new-building Suezmax Tanker.
GE Shipping contracted a new-building Suezmax Tanker (~157,000 dwt) to be delivered in H2 FY29.
- Vessel built in Far East by leading shipbuilder
- Financing from internal accruals
- Current fleet: 40 vessels, 3.24 mn dwt, near 100% utilization
- Also acquiring two secondhand Kamsarmax Dry Bulk Carriers, closing Q3 FY27
- Purpose: fleet expansion
Source: Original filing PDF
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🚨 GESHIP — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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