Great Eastern Shipping Company has successfully taken delivery of the Very Large Gas Carrier "Jag Vijay" on January 16, 2026, marking another significant addition to its expanding fleet. The 2015-built South Korean vessel, with a capacity of approximately 84,048 cbm, was contracted for purchase during Q3 FY26 and represents a strategic investment in the company's gas carrier segment.

Vessel Acquisition Details

The acquisition of Jag Vijay demonstrates the company's financial strength and strategic planning capabilities. Key details of this vessel addition include:

The financing of this vessel entirely through internal accruals highlights the company's robust cash generation capabilities and prudent financial management approach.

Current Fleet Composition

With the addition of Jag Vijay, Great Eastern Shipping's owned fleet has expanded to 40 vessels. The current fleet composition showcases a well-diversified portfolio across different vessel categories:

The company is currently operating at close to 100% capacity utilization, indicating strong demand for its shipping services and efficient fleet management.

Upcoming Fleet Transactions

Great Eastern Shipping has outlined several additional fleet transactions scheduled for completion in Q4 FY26, demonstrating continued fleet optimization activities:

Planned Acquisitions:

• One secondhand Ultramax Dry Bulk Carrier
• One secondhand Medium Range Tanker

Planned Disposals:

• Kamsarmax Dry Bulk Carrier "Jag Aarati"
• Very Large Gas Carrier "Jag Vishnu"

These strategic transactions reflect the company's ongoing efforts to modernize and optimize its fleet composition while maintaining operational efficiency. The delivery of Jag Vijay, combined with the planned fleet transactions, positions Great Eastern Shipping for continued growth in the global shipping market.

ICICI Bank executed a substantial block trade on the National Stock Exchange (NSE) worth ₹77.91 crores. The transaction represents significant institutional activity in the banking sector, highlighting continued investor interest in one of India's leading private banks.

Transaction Details

The block trade involved the exchange of approximately 547,070 shares at a price of ₹1,424.10 per share. Block trades are typically executed by institutional investors to facilitate large-volume transactions without causing significant price volatility in the regular market.

Market Significance

Block trades are pre-negotiated transactions between institutional investors that are executed outside the regular order book. These transactions allow for large volumes to be traded without impacting the stock's market price during regular trading hours. The substantial value of this transaction indicates significant institutional interest in ICICI Bank's shares.

Such block deals often reflect portfolio restructuring activities by institutional investors, including mutual funds, insurance companies, or foreign institutional investors. The execution of this trade suggests active participation from large investors in the banking sector, particularly in ICICI Bank, which operates as a large-cap stock in the Indian financial market.

Banking Sector Activity

The transaction value of ₹77.91 crores represents a notable institutional movement in the banking sector. ICICI Bank, being one of India's premier private sector banks, continues to attract institutional attention through such large-scale transactions. The block trade mechanism ensures that such significant volumes can be exchanged efficiently without disrupting normal market operations.