Independent journal on economy and transport policy
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GenMar will introduce its seven VLCC in the pool Seawolf Tankers
Agreement with the Heidmar Inc.
July 6, 2011
Maritime the shipowning society American General Corporation (GenMar) has announced the breaking in of seven own Very Large Raw Carrier in the Seawolf Tankers, the commercial pool of VLCC managed from the compatriot Heidmar Inc.
The ships Genmar Vision, Genmar Zeus and Genmar Ulysses will enter to take part of the pool within next the 30 days, while the Genmar Hercules and the Genmar Victory will follow them once completed the period of chartering in course; the Genmar Poseidon and the Genmar Atlas will enter in the Seawolf pool through periods of chartering with the Heidmar. These two last VLCC will be rented to Heidmar for a period of 12 months with installments of hire at the level of market, a minim of 15.000 dollars/day and a sharing 50:50 of the profit over the 30,000 dollars/day.
The agreement previews that after a GenMar year any can withdraw own ship from the pool with a warning of 90 days.
Heidmar, than currently has a constituted fleet gives beyond 120 oil tankers, manages the five pools Star Tankers (Panamax/LR1), Sigma Tankers (Aframax/LR2), Dorado Tankers (Handysize/Medium Range), Blue End Tankers (Suezmax) and Seawolf Tankers (VLCC). Moreover the company stops 50% of the property of the pool Womar specialized in oil tankers and to chimichiere until 30.000 gross capacities in tons.
The fleet of General Maritime Corporation is formed by 31 oil tankers, of which seven VLCC, nine Aframax, 12 Suezmax, two Panamax and a product tanker, for a total ability to about 5,2 million gross capacities in tons.
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Maritime the shipowning society American General Corporation (GenMar) has announced the breaking in of seven own Very Large Raw Carrier in the Seawolf Tankers, the commercial pool of VLCC managed from the compatriot Heidmar Inc.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
