Great Eastern Shipping gains as charter rates double due to war in West Asia

“Typically, on the shipping segments, we have about between 15% and 20% of the capacity on time charter. This is a normal situation in each of the sectors, which is (oil) products and dry bulk. In crude, we are 100% on spot currently,” G. Shivakumar, executive director and chief financial officer at GE Shipping, said on the investor call.