General Maritime to Manage Key Unipec Tanker Pool

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December 10, 2012

General Maritime Corp. will place as many as 19 of its tankers in a pool to transport crude for China International United Petroleum & Chemical Co., or Unipec, shipping newspaper Tradewinds said, citing unnamed sources.

General Maritime, a New York-based tanker owner, will also manage the pool for Unipec, the world’s second-largest tanker charterer, with ships replacing those from the Tankers International pool, the Oslo-based newspaper said Friday.

Unipec, the trading division of China Petroleum & Chemical Corp., or Sinopec, the nation’s largest refiner, didn’t respond to an e-mail to its London office, and phone calls outside business hours to its Beijing operations weren’t answered. Tankers International doesn’t comment on its activities, said a woman from the London office who returned a call from Bloomberg seeking comment. She didn’t provide her name and didn’t say why she can’t be identified.

Jeffrey Pribor, General Maritime’s chief financial officer, was out of the office and not available for comment, according to an unidentified woman who answered his phone at the company’s New York-based office.

-By Michelle Wiese Bockmann. Copyright 2012 Bloomberg.
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