Great Eastern Shipping continues to shed single-hulled tankers from its fleet.

Bombay-listed Great Eastern has sold the 98,000-dwt Jag Lamha (built 1987), it tells investors Monday.

Confirmation of the disposal comes two weeks after TradeWinds reported the vessel was to be scrapped in India.

Great Eastern does not say how much the vessel fetched, but it was thought it sold for $445 per ldt, or $6.2m.

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