Gener8 Maritime

General Information
Business:

We are Gener8 Maritime Inc., 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. We own a fleet of 46 tankers, including 25 vessels on the water, consisting of 7 VLCCs, 11 Suezmax vessels, 4 Aframax vessels, 2 Panamax vessels and 1 Handymax product carrier, with an aggregate carrying capacity of 4.5mm deadweight tons as of March 31, 2015, and 21 “eco” VLCC newbuildings equipped with advanced, fuel-saving technology, that are being constructed at highly reputable shipyards, with expected deliveries from August 2015 through February 2017.

Industry: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT
Employees: 35
Founded: 1997
Contact Information
Address 299 Park Avenue, Second Floor, New York, NY York 10171, US
Phone Number (212) 763-5600
Web Address http://www.gener8maritime.com
View Prospectus: Gener8 Maritime
Financial Information
Market Cap $1151.4mil
Revenues $390.5 mil (last 12 months)
Net Income $-23.6 mil (last 12 months)
IPO Profile
Symbol GNRT
Exchange NYSE
Shares (millions): 15.0
Price range $14.00 - $14.00
Est. $ Volume $210.0 mil
Manager / Joint Managers Citigroup/ UBS/ Jefferies/ Evercore ISI
CO-Managers DNB Markets/ ABN AMRO/ Pareto Securities/Axia
Expected To Trade: 6/25/2015
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change