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Gener8 Maritime, Inc. Announces First Quarter 2016 Financial Results News Release and Conference Call Dates

NEW YORK, May 4, 2016 /PRNewswire/ -- Gener8 Maritime, Inc. (NYSE: GNRT) ("Gener8 Maritime"), a leading U.S.-based provider of international seaborne crude oil transportation services, will issue a news release on Wednesday, May 11, 2016 after the market close announcing its financial results for the first quarter of 2016.  

A conference call to discuss the results will be held on May 12, 2016 at 8:00 a.m. ET. The conference call can be accessed live by dialing 1-877-870-4263, or for international callers, 1-412-317-0790, and requesting to be joined into the Gener8 Maritime call.  A replay will be available at 11:00 a.m. ET and can be accessed by dialing 1-877-344-7529 or for international callers, 1-412-317-0088. The pass code for the replay is 10085871. The replay will be available until May 19, 2016.

A live webcast of the conference call will also be available under the investor relations section at www.gener8maritime.com. The Company plans to make available additional materials related to the earnings announcement, including a slide presentation, on its website prior to the conference call.

About Gener8 Maritime
As of May 3, 2016, Gener8 Maritime has a fleet of 45 wholly-owned vessels on a fully-delivered basis. Gener8's fleet is comprised of 12 VLCC newbuildings and 33 vessels on the water consisting of 16 VLCC, 11 Suezmax, four Aframax and two Panamax tankers with a total carrying capacity of over 10.8 million deadweight tons ("DWT"), and an average age on a DWT basis of less than 6 years upon delivery of the newbuildings. Gener8 Maritime is incorporated under the laws of the Marshall Islands and headquartered in New York.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations and observations. Included among the factors that, in the view of Gener8 Maritime, Inc. (the "Company"), could cause actual results to differ materially from the forward-looking statements contained in this press release are the following: the fulfillment of the closing conditions under, or the execution of customary additional documentation for, the Company's shipbuilding contracts; completion and funding of financing on acceptable terms; delay in the construction of the Company's newbuildings; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission (the "SEC"), including without limitation, the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2015 and its subsequent reports on Form 8-K. Gener8 Maritime, Inc. does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

 

SOURCE Gener8 Maritime, Inc.

For further information: Leonidas J. Vrondissis, Gener8 Maritime, Inc., +1 (212) 763-5633, ir@gener8maritime.com
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