General Maritime Delivers Genmar Gabriel

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.

Related News

Gulf Intercoastal Waterway Closed After Barge Strikes Bridge in Galveston Vos Steps Down as President of Stolt Tankers Containership Lost Power Several Times Before Striking Bridge in Baltimore Russia Steps in After India Drops Safety Cover for Sanctioned Vessels Worker Dies in Accident at Peru's Chancay Megaport Project