Gener8 Maritime

Gener8 Maritime Inc. is a leading U.S.-based provider of international seaborne crude oil transportation services, resulting from a transformative merger between General Maritime Corporation, a well-known tanker owner, and Navig8 Crude Tankers Inc., a company sponsored by the Navig8 Group, one of the largest independent vessel pool managers.
As of March 15, 2016, Gener8 Maritime has a fleet of 45 wholly-owned vessels on a fully-delivered basis. The Company’s fleet is comprised of 14 VLCC newbuildings and 31 vessels on the water consisting of 14 VLCCs, 11 Suezmaxes, four Aframaxes, and two Panamax tankers, with a total expected carrying capacity of approximately 10.8 million deadweight tons (“DWT”) and average age on a DWT basis of less than 6 years upon delivery of the newbuildings. The Company has agreed to deliver each of its newbuilding VLCCs into the VL8 Pool managed by Navig8 Group upon their respective deliveries.