General Maritime Corporation (GMR) - Financial and Strategic Analysis Review by GlobalData

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									        General Maritime Corporation (GMR) - Financial and Strategic Analysis
                                      Review

       Reference Code: GDGE6765FSA                                                                                      Publication Date: AUG 2010

       299 Park Avenue, 2nd Floor        Phone            +1 212 7635600                                     Revenue           350.5 (million USD)
       New York, NY                      Fax              +1 212 7365602                                     Net Profit        -12 (million USD)
       10171                             Website          www.generalmaritimecorp.com                        Employees         1,035
       United States                     Exchange         GMR [New York Stock Exchange]                      Industry          Energy and Utilities

      Company Overview
       General Maritime Corporation (General Maritime) is a marine tanker company. It is primarily engaged in the seaborne
       transportation of crude oil in the international sea routes through its fleet of aframax and suezmax tankers. As of February 26,
       2010, the company’s fleet has 31 wholly owned vessels of which 12 were Aframax vessels, 11 were Suezmax vessels, two Very
       Large Crude Carriers (VLCCs), two Panamax vessels and four Handymax vessels. The company's principal operating locations
       include the Caribbean, South and Central America, the US, Western Africa, the Mediterranean, Black Sea and the North Sea
       area. It is headquartered in New York, the US.

      Key Executives                                                                SWOT Analysis
                    Name                                  Title                     General Maritime Corporation, SWOT Analysis
      Peter C. Georgiopoulos               Chairman                                 Strengths                   Weaknesses

      John P. Tavlarios                    Director
                                                                                                                        Declining Operating Margin
      Peter S. Shaerf                      Director                                 High Quality Assets
      William J. Crabtree                  Director                                                                     Declining Market Share in
                                                                                    Strong Liquidity Position           Sector
      Rex W. Harrington                    Director
      Source: Annual Report, Company Website, Primary and Secondary Research
      GlobalData
                                                                                    Opportunities                       Threats
      Share Data
       General Maritime Corporation                                                 Expansion through Inorganic         Stringent Regulations
       Share Price (USD) as on 25-Aug-2010                                4.60      Growth

                                                                         -0.22                                          Intense Competition
       EPS (USD)
                                                                                    Rising Demand for Petroleum
       Market Cap (million USD)                                           407       Products in the US
       Enterprise Value (million USD)                                   1,360

       Shares Outstanding (million)                                            89
       Source: Annual Report, Company Website, Primary and Secondary Research       Source: Annual Report, Company Website, Primary and Secondary Research
       GlobalData                                                                   GlobalData


      Financial Performance                                                         Recent Developments
                                                                                    Apr 28, 2010         General Maritime Reports Net Voyage
                                                                                            
								
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