Gener8 Maritime Inc. Announces Delivery of the "ECO" VLCC - Gener8 Nautilus

By Vessels

Gener8 Maritime, Inc., a leading U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of the "ECO" VLCC the Gener8 Nautilus on April 20, 2016 from Hyundai Samho Heavy Industries Co., Ltd.

Gener8 Maritime Inc. Announces Delivery of the "ECO" VLCC - Gener8 Nautilus

Gener8 Nautilus - Image: Gener8 Maritime / Twitter

The Gener8 Nautilus represents the ninth of 21 "ECO" VLCCs expected to be delivered into Gener8 Maritime's fleet. Upon delivery, the Gener8 Nautilus entered Navig8's VL8 Pool.

GENER8 NAUTILUS - IMO 9728693

Gener8 Nautilus - Image: Gener8 Maritime / Twitter

GENER8 NAUTILUS - IMO 9728693

Gener8 Nautilus - Image: Gener8 Maritime / Twitter

As of April 25, 2016, Gener8 Maritime has a fleet of 45 wholly-owned vessels on a fully-delivered basis. Gener8's fleet is comprised of 12 VLCC newbuildings and 33 vessels on the water consisting of 16 VLCCs, 11 Suezmaxes, four Aframaxes, and two Panamax tankers, with a total carrying capacity of approximately 10.8 million deadweight tons ("DWT"), and average age on a DWT basis of less than 6 years on a fully-delivered basis. Gener8 Maritime is incorporated under the laws of the Marshall Islands and headquartered in New York.

Source: Gener8 Maritime