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Will General Maritime stop at Metrostar?

Publication: Europe Intelligence Wire

Publication Date: 31-JAN-03
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COPYRIGHT 2003 Financial Times Ltd.

(From Lloyds List)

Peter Georgiopoulos has refused to rule General Maritime out of the race to buy American Eagle Tankers, the aframax specialist that looks set to be sold by Neptune Orient Lines, despite the company's $525m purchase of Metrostar Management's 19-strong tanker fleet, writes Tony Gray.

The General Maritime chairman and chief executive described the acquisition of Metrostar's 14 suezmaxes and five aframaxes as a...

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