Attached files
file | filename |
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8-K - FORM 8-K - Euronav MI II Inc. | y02582e8vk.htm |
EX-4.1 - EX-4.1 - Euronav MI II Inc. | y02582exv4w1.htm |
EX-4.3 - EX-4.3 - Euronav MI II Inc. | y02582exv4w3.htm |
Exhibit 99.1
CONTACT:
Jeffrey D. Pribor
Chief Financial Officer
General Maritime Corporation
(212) 763-5680
Jeffrey D. Pribor
Chief Financial Officer
General Maritime Corporation
(212) 763-5680
General Maritime Corporation Declares Third Quarter 2009
Dividend of $0.125 Per Share
Dividend of $0.125 Per Share
New York, New York, November 12, 2009 General Maritime Corporation (NYSE: GMR) today announced
the Companys Board of Directors declared a quarterly dividend for the three months ended September
30, 2009 of $0.125 per share. The dividend is payable on December 4, 2009 to shareholders of record
as of November 23, 2009. Including the Q3 2009 dividend, General Maritime has declared cumulative
quarterly and special dividends of $21.615 per share.
About General Maritime Corporation
General Maritime Corporation is a leading provider of international seaborne crude oil
transportation services. General Maritime also provides transportation services for refined
petroleum products. General Maritimes vessels operate principally within the Atlantic basin,
which includes ports in the Caribbean, South and Central America, the United States, West Africa,
the Mediterranean, Europe and the North Sea. General Maritime also currently operates tankers in
other regions including the Black Sea and Far East. General Maritime owns a fully double-hull fleet
of 31 tankers two Very Large Crude Carriers, twelve Aframax, eleven Suezmax tankers, two Panamax
and four Handymax product tankers with a total carrying capacity of approximately 4.0 million
dwt.
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 managements current expectations and observations. Included among the factors that, in the
Companys view, could cause actual results to differ materially from the forward looking statements
contained in this press release are those listed from time to time in the Companys filings with
the Securities and Exchange Commission, including, without limitation, its Annual Report on Form
10-K for the year ended December 31, 2008 and its subsequent reports on Form 10-Q and Form 8-K.
The Companys ability to pay dividends in any period will depend upon factors including applicable
provisions of Marshall Islands law and the final determination by the Board of Directors each
quarter after its review of the Companys financial performance. The timing and amount of
dividends, if any, could also be affected by factors affecting cash flows, results of operations,
required capital expenditures, or reserves. As a result, the amount of dividends actually paid may
vary from the amounts currently estimated.
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