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>

<< Apr 2017 >>
MTWTFSS
27 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

BARI-SHIP2017

At Bari-Ship you will meet not only the owners and leaders of these companies, but also the entire spectrum of managerial, operational and production staff…

read more >

THE 30TH WORLD PORTS CONFERENCE Enabling Trade Energizing The World

This event is expected to have more than 500 attendees from the field of port, logistics, shipping and maritime industry…

read more >

Canada LNG Conference & Exhibition 2017

The 2017 conference will bring a re-invigorated program across three days focusing on technical innovation, domestic market opportunities…

read more >

9th Annual: UK Ports Conference 2017

The UK Ports Conference returns for the ninth year to provide the latest insights for the ports, shipping and maritime sectors, reviewing…

read more >