Gener8 Maritime Adds 13th ECO VLCC

US-based crude oil shipping company Gener8 Maritime has taken delivery of the Gener8 Macedon, the thirteenth of twenty-one ECO Very Large Crude Carriers (VLCC) the company has on order at South Korean shipyards. 

The Gener8 Macedon was built by Hyundai Samho Heavy Industries.

Upon delivery, the vessel entered Navig8 Group’s VL8 Pool.

Six more VLCC newbuildings are scheduled for delivery in 2016, with two vessels expected in 2017.

As of August 31, 2016, Gener8 Maritime has a fleet of 43 wholly-owned vessels comprised of 26 VLCCs, 11 Suezmaxes, four Aframaxes, and two Panamax tankers.

In the second quarter of this year, Gener8 Maritime recorded a 91% increase in its net income to USD 38 million, compared to USD 19.9 million seen in the same quarter a year earlier.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

INMEX SMM India 2017

Combining the forces of Maritime industry’s two biggest events, the unified edition of INMEX SMM India brought together the most exclusive…

read more >

LIQUEFACTION OF BULK CARGOES SEMINAR

GET TO GRIPS WITH:
– Mechanisms behind liquefaction
– Guidelines and regulations for bulk cargoes prone to liquefaction…

read more >

Seatrade Offshore Marine & Workboats Middle East

The largest event for offshore marine and workboat sectors in the region, Seatrade Offshore Marine & Workboats Middle East will, once again, serve as a meeting point for international industry professionals to come together and do business. Our 2017 show promises a wealth of networking opportunities, high-level discussions in our conferences on important industry trends, […]

read more >

The Future-Ready Shipping Conference 2017

The Future-Ready Shipping Conference 2017 – the joint Singapore-IMO International Conference on Maritime Technology Transfer and Capacity-Building…

read more >