Gener8 Maritime, Inc. Announces Delivery of the Gener8 Hector

New York - Jan. 13, 2017

Gener8 Maritime, Inc. (NYSE: GNRT) ("Gener8 Maritime"), a leading U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of the "ECO" VLCC the Gener8 Hector on January 6, 2017 from Hanjin Heavy Industries and Construction Philippines, Inc. ("HHIC").

The Gener8 Hector represents the nineteenth of 21 "ECO" VLCCs expected to be delivered into Gener8 Maritime's fleet.

Upon delivery, the Gener8 Hector entered Navig8 Group's VL8 Pool.

About Gener8 Maritime
As of January 12, 2017, Gener8 Maritime has a fleet of 42 wholly-owned vessels comprised of 26 VLCCs, including 2 newbuildings, 10 Suezmaxes, four Aframaxes, and two Panamax tankers.

On a fully-delivered basis, Gener8 Maritime's fleet has a total carrying capacity of approximately 10.0 million deadweight tons ("DWT") and an average age of less than 6 years on a DWT basis. Gener8 Maritime is incorporated under the laws of the Marshall Islands and headquartered in New York.

Gener8 Maritime - Press Release