Great Eastern snaps up KSS Line gas carrier

Logistics shipsales

Purchase marks Indian owner’s second buy in quick succession.

Great
Eastern
Shipping
has
stepped
into
the
sale
and
purchase
market
for
the
second
time
in
as
many
months,
with
its
latest
deal
growing
its
position
in
the
LPG
sector.

Great
Eastern
told
the
Bombay
Stock
Exchange
today
it
had
bought
a
35,420-cbm
ship
built
in
1997.

While
the
identity
of
the
vessel
was
not
disclosed,
the
only
ship
matching
that
specification
in
the
water
is
the
Gas
Columbia,
owned
by
KSS
Line.

The
sale
marks
the
exit
of
the

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Andy Pierce