General Maritime Signs Contract With LukOil

Friday, July 25, 2003
General Maritime Corporation has entered into a contract of affreightment (COA) agreement with LukOil, Russia's number one oil refinery. The contract gives General Maritime priority to perform a number of oil cargo liftings in three ports serving the Black Sea and Mediterranean regions. The ports are Novorossisk in Russia, Ceyhan in Turkey and Suspa in Georgia. Peter C. Georgiopoulos, Chairman, Chief Executive Officer and President, commented, "We are very pleased to have further solidified our relationship with LukOil. The contract with LukOil demonstrates General Maritime's continued success in expanding its presence in one of the most important growth areas, the Black Sea. With the integration of the 19 vessels complete, we intend to look for opportunities to develop additional relationships in the Black Sea region as well as diversify our operations into other areas of expanding global oil production."
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Exmar Optimistic About Gas Carrier Market into 2015

Belgian gas shipping group Exmar said on Thursday that the market for its very large and midsize gas carriers was at historically high levels in the third quarter

Rep. Cummings Receives Maritime Service Award

On Wednesday, October 29, Congressman Elijah E. Cummings (D-MD) delivered keynote remarks at APL Maritime’s Senior Management Conference, and received an award

LA Governor Jindal Appoints Bollinger's Barker

Louisiana Governor Bobby Jindal appointed James "Ray" Barker to the Louisiana Workforce Investment Council. Barker, of Raceland, is the Director of Human Resources at Bollinger Shipyards, Inc.

Finance

Exmar Optimistic About Gas Carrier Market into 2015

Belgian gas shipping group Exmar said on Thursday that the market for its very large and midsize gas carriers was at historically high levels in the third quarter

Confidence High in UK Logistics Sector

The latest U.K. Logistics Confidence Index commissioned by Barclays and Moore Stephens reveals that confidence in the U.K. logistics sector remains high but more

Statoil Invests $1.5b in US Offshore Project

Statoil together with co-owners in the Stampede development in the Gulf of Mexicohas sanctioned the Stampede project in the U.S. Gulf of Mexico. Statoil said it will invest $1.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1219 sec (8 req/sec)