Great Eastern Shipping has again tapped the secondhand market to expand its fleet.
The Mumbai-headquartered shipowner has splashed out $26.5m on the Hyundai Heavy Industries-built LR2 tanker.
Sale-and-purchase market sources said Great Eastern has bought the 105,300-dwt Champion Princess (built 2012) from Japan’s NYK Line.
Officials at Great Eastern and NYK Line were not available for comment.
