Formed in 2004 as a joint venture shipping company, Gulf Energy Maritime is investing in and operating modern state-of-the-art double hull tankers designed to carry petroleum products, chemicals and other hydrocarbons.
Today, GEM is a leading, independent product/Chemical Tanker company and it is rated among the top 10 independent product tanker owners in the world.
GEM is dedicated to bringing credibility and prestige to the highly dynamic and competitive energy transportation industry. Its primary objective is to provide flawless marine transportation in an environmentally conscious, safe and reliable manner contributing to commerce and above all safeguarding people and the planet. With a paid up capital of US$129 million, its asset value exceeds US$ 1.3 billion. GEM vessels are fixed in a mixed portfolio of long term or spot charters with assured revenues for the near future.
GEM currently has a fleet of 19 trading and newbuilding ships, which comprises of eight modern panamax tankers, nine chemical/product tankers and two Aframax tankers to be delivered between 2009-2011.
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 Organisation’s ISM Code. Furthermore, the company has also completed the online submissions of its Tanker Management Self assessment (TMSA) form as required by the Oil Companies International Marine Forum (OCIMF) – a best practice guide for ship operators.