General Maritime Company Description
Black gold on the deep blue brings in the green for General Maritime. A leading operator of midsized tankers, General Maritime transports crude oil, primarily in the Atlantic Basin but also in the Black Sea. The company's fleet consists of about 20 double-hull Aframax and Suezmax tankers that have an overall capacity of about 2.7 million deadweight tons (DWT). General Maritime deploys its vessels both on the spot market (voyage by voyage) and under longer-term time-charter contracts. Customers have included major oil companies such as Chevron, CITGO, Exxon Mobil, Hess, and Shell. In mid-2008, General Maritime agreed to acquire smaller rival Arlington Tankers.
View the Comprehensive Company Description for General Maritime
The Company Description provides a historical perspective of General Maritime's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of General Maritime's evolution in the marketplace.
