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Marshall Island. General Maritime Corp., 2000s Specimen Stock Cert., VF-XF ABN

Marshall Island. General Maritime Corp., 2000s Specimen Stock Cert., VF-XF ABN

$ 21.11

Availability: 100 in stock
  • Return shipping will be paid by: Buyer
  • Restocking Fee: No
  • Refund will be given as: Money back or replacement (buyer's choice)
  • All returns accepted: Returns Accepted
  • Item must be returned within: 14 Days

    Description

    Click image to enlarge
    Description
    Marshall Island. General Maritime Corp., 2000s Specimen Stock Cert., VF-XF ABN. General Maritime Corporation (OTCBB: GMRRQ) operates crude oil tankers, mostly in the Atlantic Ocean and in the Caribbean, Mediterranean, Black, and North Seas. Founded in 1997 by current CEO Peter Georgiopoulos, as of 2004 the company is the second largest (based on cargo capacity) operator of mid-size tankers. In 2003 the company gross revenues were 454 million US dollars and they had 345 employees; the company is incorporated in the Republic of the Marshall Islands. However the company filed for chapter 11 bankruptcy protection on 17 November 2011, after oversupply in the shipping industry caused it to lose money for at least eight quarters. In April 2012 General Maritime came out of bankruptcy as a result of investment from Oaktree Capital Management. There are currently 31 ships in the fleet; the fleet grew over 50% in 2003. The first name of every ship in the fleet is a contraction of the company name, "Genmar". The fleet is fairly new, with only 10 built before 1990, and the oldest built in March 1985. Most of the fleet is double-hulled or double-sided; only 9 are single-hulled, after recently selling two single-hulled boats. Twenty-three are in the Aframax size category (75,000 – 110,000 tonnes deadweight (DWT), and 19 are in the Suezmax class (110,000 DWT – 150,000 DWT). Customers include international oil companies such as 76, 66, ChevronTexaco, Shell Oil, BP, Exxon Mobil, and ConocoPhillips.
    Payment
    Please contact us if you would like to pay by VISA, Master Card, or Discover Card.
    Shipping
    Shipping: .50 Insured in the U.S. only
    Price will be reduced based on value and size of item (s)
    Overseas: .50 Registered Mail
    (We will combine purchases)
    About Us
    PLEASE CONTACT US BEFORE GIVING NEGATIVE DETAILED SHIPPING FEEDBACK IF THERE IS ANY QUESTION OR ISSUES WITH SHIPPING PRICES. WE ARE NOT TRYING TO MAKE MONEY ON SHIPPING, SO IF YOU FEEL THE PRICE IS UNFAIR, PLEASE LET US KNOW.
    WE STRIVE TO OFFER EXCEPTIONAL SERVICE AND HOPE TO HAVE YOU AS A REPEAT BUYER. IF THERE IS ANYTHING WE CAN DO TO SATISFY YOU WITHIN REASON, WE WILL MAKE OUR BEST EFFORT TO ACCOMPLISH THIS.
    THANK YOU FROM THE TEAM AT ARCHIVES INTERNATIONAL
    Contact Us
    Feel free to reach out to us if you have any questions.
    Phone Number: +1 (201) 944-4800
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