Wednesday, February 25, 2015
Seawolf Genmar Hercules
Maritime News

General Maritime and Navig8 Crude to Merge

Tanker companies General Maritime Corporation and Navig8 Crude Tankers Inc. have announced today they have entered into a definitive agreement to merge their respective assets into a new tanker company named Gener8 Maritime...

February 25, 2015
Total Views: 2

Monday, December 10, 2012

General Maritime to Manage Key Unipec Tanker Pool

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,...

December 10, 2012
Total Views: 0

Thursday, February 23, 2012
general maritime genmar
finance

General Maritime and Oaktree Get Blasted by Their Creditors in Bankruptcy Court

Creditors of General Maritime Corp. (GMRRQ) are accusing the oil tanker operator and “old friend” Oaktree Capital Management LLC of contriving to give the hedge fund manager ownership of the...

February 23, 2012
Total Views: 8

Thursday, November 17, 2011
Maritime News

General Maritime Files For Chapter 11

General Maritime Corp. (GMR) voluntarily filed for Chapter 11 bankruptcy and reached agreements with key senior lenders for a financial restructuring that will allow the oil-tanker company’s operations to continue....

November 17, 2011
Total Views: 1

Friday, April 29, 2011
lou vest oneeighteen
Maritime News

Goldman Sees Choppy Waters For Tanker Stocks

NEW YORK (Dow Jones)–Oil-tanker stocks look risky as the U.S. ramps up domestic crude production, analysts at Goldman Sachs Group Inc. (GS) said Thursday. The investment bank said the industry...

April 29, 2011
Total Views: 0

Friday, February 11, 2011
Uncategorized

General Maritime Corporation announces sale of Aframax and Suezmax Tanker

General Maritime Corporation (NYSE: GMR) announced today that it has completed the sale of the Genmar Princess, a 1991-built Aframax tanker, to an unaffiliated third party, generating net proceeds of...

February 11, 2011
Total Views: 0