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News 2026-09-30 10:07 UTC

GE Shipping rides high freight rates, builds cash for the next cycle

New Delhi, Sept. 30 -- Great Eastern Shipping Co. (GE Shipping) is benefiting from the sharp rise in shipping freight rates amid disruptions in global trade flows following the Russia-Ukraine war and the West Asia war. With only about 25-26% of the company's tonnage operating under time charters cu…