Gulf Energy Maritime (GEM), the Middle East's largest independent commercial product tanker operator, has taken delivery of the first out of six new vessels scheduled for delivery this year from Korea's Hyundai Mipo Dockyard (HMD), one of the world’s largest ship builders. Named Gulf Muttrah, the IMO II-N2 type 46,000 dwt vessel is the 12th in GEM’s fast-growing fleet thus reaching 63% of all its newbuilding acquisitions.
“With Gulf Muttrah’s delivery, another high quality vessel from HMD, we are achieving all the targets set for 2009,” said Ahmed Essa Hareb Al Falahi, CEO, GEM.
“As the first of six new GEM vessels scheduled for delivery from HMD this year, we continue to be on the course of providing the market with safe, reliable and environment-conscious tonnage. As in the previous deliveries, Gulf Muttrah’s design and build are consistent with the highest standards of safety and quality - something we have consistently adhered to for all our ships – all for the benefit of our customers, the environment and our staff.”
GEM also has on order two Aframax vessels from Samsung Heavy Industries with a capacity of 114,700 DWT each are of Large Range 2 (LR2) specification – capable of carrying both clean petroleum products and dirty products such as crude and fuel oil, and scheduled for delivery in 2011.
After the delivery of Gulf Baynunah and Gulf Jumeirah in 2008, Gulf Muttrah is the third new IMO II N2 type 47,000 dwt vessel for GEM. With five more new vessels to be delivered within the year, such vessels include one more 47,000 dwt type 2 ship, and four larger vessels of 75,000 dwt.
GEM’s adherence to safety, quality and security has been acknowledged and recognized by the shipping fraternity through the three awards it received in 2008 alone. Seatrade Middle East and Indian Subcontinent Awards awarded GEM in the Safety and Quality category, while Lloyd’s Middle East Shipping Awards recognized GEM in the Clean Seas category, and bestowed the company with the Tanker Company of the Year award.
GEM is certified by Lloyd's Register Quality Assurance to the ISO 9001-2000 Quality Management System and ISO 14001-2004 Environment Management System for the operational and technical management of its fleet.
Headquartered in Dubai, GEM is the Middle East’s largest independent, commercial product tanker operator and boasts the world’s most modern Product and Chemical tanker fleet. Committed to delivering excellence in safety and quality, GEM’s Tanker Management Self Assessment System required by the Oil Companies International Marine Forum, has been approved by ExxonMobil, BP, Shell and Chevtex – the first Middle East product tanker operator to be approved by four of the world’s oil majors.
Established four years ago, GEM has built an asset value now standing at US$ 1.3 billion.
GEM is certified by Lloyd’s Register Quality Assurance to the ISO 9001-2000 Quality Management System and ISO 14001-2004 Environment Management System for the operational and technical management of a fleet of petroleum and chemical tankers trading worldwide. These also incorporate the pollution prevention requirements of the International Marine Organization’s ISM Code.
GEM is a joint venture partnership between Dubai’s Emirates National Oil Company (ENOC), Abu Dhabi’s International Petroleum Investment Company (IPIC), the Oman Oil Company (OOC) and Thales of France under the UAE Offsets program.
“With Gulf Muttrah’s delivery, another high quality vessel from HMD, we are achieving all the targets set for 2009,” said Ahmed Essa Hareb Al Falahi, CEO, GEM.
“As the first of six new GEM vessels scheduled for delivery from HMD this year, we continue to be on the course of providing the market with safe, reliable and environment-conscious tonnage. As in the previous deliveries, Gulf Muttrah’s design and build are consistent with the highest standards of safety and quality - something we have consistently adhered to for all our ships – all for the benefit of our customers, the environment and our staff.”
GEM also has on order two Aframax vessels from Samsung Heavy Industries with a capacity of 114,700 DWT each are of Large Range 2 (LR2) specification – capable of carrying both clean petroleum products and dirty products such as crude and fuel oil, and scheduled for delivery in 2011.
After the delivery of Gulf Baynunah and Gulf Jumeirah in 2008, Gulf Muttrah is the third new IMO II N2 type 47,000 dwt vessel for GEM. With five more new vessels to be delivered within the year, such vessels include one more 47,000 dwt type 2 ship, and four larger vessels of 75,000 dwt.
GEM’s adherence to safety, quality and security has been acknowledged and recognized by the shipping fraternity through the three awards it received in 2008 alone. Seatrade Middle East and Indian Subcontinent Awards awarded GEM in the Safety and Quality category, while Lloyd’s Middle East Shipping Awards recognized GEM in the Clean Seas category, and bestowed the company with the Tanker Company of the Year award.
GEM is certified by Lloyd's Register Quality Assurance to the ISO 9001-2000 Quality Management System and ISO 14001-2004 Environment Management System for the operational and technical management of its fleet.
Headquartered in Dubai, GEM is the Middle East’s largest independent, commercial product tanker operator and boasts the world’s most modern Product and Chemical tanker fleet. Committed to delivering excellence in safety and quality, GEM’s Tanker Management Self Assessment System required by the Oil Companies International Marine Forum, has been approved by ExxonMobil, BP, Shell and Chevtex – the first Middle East product tanker operator to be approved by four of the world’s oil majors.
Established four years ago, GEM has built an asset value now standing at US$ 1.3 billion.
GEM is certified by Lloyd’s Register Quality Assurance to the ISO 9001-2000 Quality Management System and ISO 14001-2004 Environment Management System for the operational and technical management of a fleet of petroleum and chemical tankers trading worldwide. These also incorporate the pollution prevention requirements of the International Marine Organization’s ISM Code.
GEM is a joint venture partnership between Dubai’s Emirates National Oil Company (ENOC), Abu Dhabi’s International Petroleum Investment Company (IPIC), the Oman Oil Company (OOC) and Thales of France under the UAE Offsets program.