September 27, 2007

Great Eastern Shipping Company

Great Eastern Shipping Company Ltd (GE Shipping) has announced that the Company on September 27, 2007, has delivered its single hull VLCC "Ardeshir H Bhiwandiwalla" to the buyers. The 1992 built 266,955 dwt VLCC was contracted to be sold in June 2007.

With the delivery of this vessel, the Company's current fleet now stands at 47 vessels (14 crude carriers, 19 product carriers, 2 LPG carriers and 12 drybulk carriers) with an average age of 11.5 years aggregating age of 3.24 mn dwt.

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