Gener8 Maritime Gets First of Twenty-One ECO VLCCs

New York-headquartered crude oil shipping company Gener8 Maritime has taken delivery of the first of twenty-one ECO Very Large Crude Carriers (VLCC) the company has on order at South Korean shipyards.

The ECO VLCC Gener8 Neptune was delivered by Daewoo Shipbuilding & Marine Engineering (DSME) on September 11, 2015.

Peter Georgiopoulos, Gener8 Maritime’s Chairman and Chief Executive Officer, said: “We are pleased to have taken delivery of the first ship in our ‘ECO’ VLCC newbuilding program and look forward to building out our VLCC fleet as we take deliveries from our current order book over the next 18 months.”

Upon delivery, the Gener8 Neptune will be entered into Navig8’s VL8 Pool.

Gener8 Maritime was formed back in February when General Maritime Corporation and Navig8 Crude Tankers entered into a definitive agreement to merge.

The company now has a fully-delivered fleet of 47 vessels, including one time-chartered-in VLCC.

Gener8’s owned fleet is comprised of 20 VLCC newbuildings and 26 vessels on the water.

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