Ulsan: Gulf Energy Maritime has celebrated the naming of the first of a series of 13 product tankers at Korea's Hyundai Mipo Dockyard. The $55m 47,000 dwt Gulf Esprit becomes the seventh double-hulled tanker to join GEM's fleet. The latest addition will go on 15-year time charter to Oman's OMZEST Group. The further 12 ships will be delivered by 2009. [06/11/06]
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