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Read all the latest news about Gener8 Maritime. ShippingWatch gives you independent, credible, critical and fair news.

Tanker carriers face another tough quarter

Tanker carriers are battling low earnings, and rates are far from high enough to secure black figures in the second quarter, says US firm Morgan Stanley. ShippingWatch has dived into a struggling market for a closer look.

Massive tanker merger could trigger bidding war

Euronav's offer to shareholders is significantly below the level offered by rival Frontline earlier this year to acquire Oslo-based DHT. Fearnley Securities does not rule out a new bidding war in the crude tanker sector. Frontline still sees opportunities in the market, the carrier tells ShippingWatch.

Euronav rumored to be close to major tanker merger

According to Wall Street Journal, Belgian carrier Euronav is expected to complete merger negotiations with Gener8 Maritime before the end of the week. Deutsche Bank says the merged entity will become the world's largest crude oil carrier.

Gener8 Maritime sees strong crude market continuing

It was smooth sailing for the tanker carrier, Gener8 Maritime, in a strong crude oil market in 2015 in which the company more than doubled its revenue. Powerful demand will absorb the many new vessels set to hit the water in the coming years, projects management.

Gener8 lands billion dollar loans for Korean newbuildings

The New York Stock Exchange had a somewhat lukewarm reaction to the IPO of tanker carrier Gener8 Maritime this summer. Now the carrier has secured credit facilities for a total USD 1.5 billion. A milestone for the new tanker player, says chairman Peter Georgiopoulos.

Gener8 sikrer milliardkredit til koreanske nybygninger

Børsen i New York reagerede noget lunkent på noteringen af tankrederiet Gener8 Maritime i sommer. Nu har rederiet sikret sig kreditfaciliteter på 1,5 mia. dollars. En milepæl for den nye tankgigant, siger bestyrelsesformand Peter Georgiopoulos.

Miserable Wall Street IPO for new tanker company

The first day on the New York Stock Exchange was not a great success for the next big tanker company, Gener8 Maritime. The share price fell by 6.4 percent on the first day after being down by more than 8 percent.

Børsnotering af tankgigant ligner en skuffelse

Ringe udbytte og få skibe på vandet er nogle af forklaringerne på, at en børsnotering i New York af det nye råolieselskab Gener8 Maritime ikke bliver nogen kursfest trods et boomende tankmarked.

Euronav CEO: Shipping enjoys the climb

Paddy Rodgers, CEO of listed Belgian tanker giant Euronav, is the star of this year's Marine Money conference in New York. ShippingWatch was present when he mapped out the opportunities for the future of international shipping: "The investors are buying volatility."

Euronavs topchef: Alt det sjove i shipping er på vej op

Paddy Rodgers, topchef i den børsnoterede belgiske tankgigant Euronav, er stjernen på årets Marine Money-konference i New York. ShippingWatch var med, da han kortlagde fremtidens muligheder i international shipping: "Investorerne køber volatilitet."

Media: Stena Bulk declines IPO

Major Swedish tanker carrier Stena Bulk is not headed for an IPO - unlike competitors such as Gener8 Maritime, which announced New York IPO plans on Tuesday - reports Lloyd's List.

Gener8 Maritime headed for New York IPO

Gener8 Maritime, created through a merger earlier this year headed by a series of equity funds, has submitted an application for a Wall Street listing. But the newbuildings will be delivered fairly late, notes Fearnley.

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