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New York - Feb. 25, 2016 Gener8 Maritime, Inc. (NYSE: GNRT) ("Gener8 Maritime"), a leading U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of the "ECO" VLCC the Gener8 Hera on February 24, 2016 from Daewoo Shipbuilding & Marine Engineering Co., Ltd. The Gener8 Hera represents the seventh of 21 "ECO" VLCCs expected to be delivered into Gener8 Maritime's fleet. Upon delivery, the Gener8 Hera entered Navig8's VL8 Pool. About Gener8 Maritime As of February 25, 2016, Gener8 Maritime has a fully-delivered fleet of 45 wholly-owned vessels. Gener8's fleet is comprised of 14 VLCC newbuildings and 31 vessels on the water consisting of 14 VLCCs, 11 Suezmaxes, four Aframaxes, and two Panamax tankers, with a total carrying capacity of over 10.8 million deadweight tons ("DWT"), and average age on a DWT basis of less than 6 years upon delivery of the newbuildings. Gener8 Maritime is incorporated under the laws of the Marshall Islands and headquartered in New York. Gener8 Maritime - Press Release |
