Dubai's Gulf Energy Maritime Expands Fleet with Additional MR Tankers

joint venture 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. This strategic partnership has positioned GEM as a significant player in the regional and international maritime industry. The company currently operates a fleet of seven ships and has six additional MR newbuilds on order with Hyundai Mipo Dockyard , slated for delivery over the next two years. The expansion aligns with GEM's growth strategy to enhance its fleet capabilities and meet increasing demand in the maritime sector. Gulf Energy Maritime ’s continued investment in newbuilds underscores its commitment to maintaining a modern and efficient fleet, capable of delivering high-quality services in the competitive global tanker market. This latest order reaffirms the company's confidence in HD Hyundai Mipo Dockyard 's expertise and shipbuilding standards.