Gener8 Maritime today confirmed a raft of asset sales which have served to jack up its cash position.
New York-quoted Gener8 listed nine tanker sales in its quarterly report, spanning its VLCC, suezmax and aframax stables.
Some of the deals had been announced previously, while the later transactions were previously reported in these pages.
Peter Georgiopoulos, chief executive of the tanker owner, said: “We have taken a series of steps this year to enhance our fleet profile, increase liquidity, and improve our balance sheet.”
