The Great Eastern Shipping Company Limited CC-Feb26.pdf · 2026-01-30
I have one question, that there has been a lot of news of late on the dark fleet on the crude tanker side, and various Europe, Russia-Ukraine, America, all are seizing this dark fleet. What is the impact on the freight rates, when such, this has been the problem for crude market for a long and large part of this crude, which was sanctioned, was moving through this fleet. So, how does it change the outlook in near and medium term, sir?
And sir, today, VLCC new build and the second-hand price of less than five years, the difference is only 5% or less than 10%. And a lot of smart guys or smart operators globally are switching the second-hand or the older ship for the newer one. Do you plan to do anything as far as the crude is concerned?