Business updates28 Sep 2026 · 6:36 PM IST
GESHIPGreat Eastern Shipping
Great Eastern Shipping orders a new Suezmax crude oil tanker
The company signed a contract on 28 September to buy a newly built Suezmax tanker of about 157,000 deadweight tonnes from a shipyard in the Far East.
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- Sector
- Shipping
What happened
- The Great Eastern Shipping Company signed a contract on 28 September 2026 to buy a new-building Suezmax crude oil tanker of about 157,000 deadweight tonnes (dwt).
- The ship is being built by a shipyard in the Far East. The company did not disclose the price.
- Whalesbook's report of the filing puts delivery in the second half of the 2028-29 financial year.
Why it matters
Good to know: A Suezmax is the largest type of tanker that can pass through the Suez Canal fully loaded. Deadweight tonnage is how much cargo, fuel and stores a ship can carry.
Key facts
- Vessel
- New-building Suezmax crude tanker
- Size
- About 157,000 dwt
- Contract date
- 28 September 2026
Read the source
This is a summary of public news about Great Eastern Shipping, for information only. It is not a recommendation to buy, sell or hold GESHIP.