Great Eastern Shipping of India has swapped its buying interest into the supramax market.
Bombay-listed Great Eastern has picked up a second-hand bulker built in 2009, it told investors today.
In a brief statement to the stock exchange the company said simply that the 58,000-dwt ship would be delivered in the third quarter of the 2017 financial year.
Details on the price or the strategic reason for the transaction were not disclosed.
