Marine Link
Friday, April 26, 2024

General Maritime Delivers Genmar Gabriel

Maritime Activity Reports, Inc.

January 24, 2006

General Maritime Corporation announced the delivery of the Genmar Gabriel to Seatankers Management Co. Ltd. This represents the final delivery of the 17 single-hull and double-sided vessels the Company sold for $444.5 million in October and November of 2005. With the delivery of the Genmar Gabriel, and including the four Suezmax newbuildings to be delivered between March 2006 and 2008, the average age of General Maritime's fleet will be reduced to 9 years and its entire fleet will be double-hull.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week