Great Eastern Shipping Company experienced a 4.3% increase in its stock price, reaching ₹1,500 per share on the Bombay Stock Exchange (BSE), following the announcement of a contract to sell its 2007-built medium-range tanker, Jag Prakash. The tanker, with a deadweight tonnage of approximately 47,848 dwt, is scheduled for delivery to an unaffiliated third party in the first quarter of fiscal year 2027. As of now, the company owns 40 vessels, including 26 tankers and 14 dry bulk carriers, with a total capacity of 3.20 million dwt. In addition to the sale, Great Eastern Shipping has plans to acquire a secondhand Kamsarmax dry bulk carrier and another medium-range tanker, both expected to be integrated into its fleet by Q1 FY27. The company emphasizes fleet expansion and has maintained a near 100% capacity utilization. Established in 1948, Great Eastern Shipping has a long history in maritime services and is recognized for its commitment to safety and quality in shipping operations.