India-based shipping company Great Eastern Shipping (G E Shipping) has signed a contract to purchase an 81,605cbm VLGC. The vessel was built in 2006 and the delivery is expected for the second quarter of 2019.

However, the name and the price of the vessel remains unveiled.

At present, the shipping company owns a fleet of 48 vessels, which is made up of 34 tankers and 14 bulkers with an average age of 11.03 years.