Great Eastern Shipping Fleet Changes Analyzed
Great Eastern Shipping (GES) is actively adjusting its fleet by selling and buying ships. On December 18, 2025, they agreed to sell a ship called the Jag Aarati, a large dry bulk carrier, to a new owner. This sale is scheduled to be finished in Q4 of the next fiscal year (FY26).
Key Points
- GES sells Jag Aarati, a 80,324 dwt dry bulk carrier.
- Fleet size currently 40 vessels, diverse tanker and bulk options.
- Tanker fleet: 6 crude, 16 product, 4 LPG carriers in operation.
- Dry bulk carriers: 2 Capesize, 10 Kamsarmax, 2 Supramax vessels.
- One Suezmax tanker sale planned for Q3 FY26 completion.
- New Ultramax dry bulk carrier purchase set for Q4 FY26.
Current Fleet Breakdown
Currently, GES owns a total of 40 ships. This includes a diverse range of vessels designed for transporting different types of goods. Their tanker fleet consists of six ships for carrying crude oil, sixteen for transporting refined products, and four specialized carriers for liquid petroleum gas (LPG).
Future Fleet Adjustments
GES isn’t just selling ships; they’re also adding to their fleet. They’ve agreed to buy a secondhand Ultramax dry bulk carrier. This ship will be delivered in Q4 of the next fiscal year.
Strategic Considerations
These sales and purchases demonstrate GES’s strategy to adapt to market demands and optimize its fleet’s capabilities. They are responding to changes in global shipping patterns and focusing on efficiency.
The company’s strategic fleet adjustments reflect a calculated response to evolving market dynamics.
