Gulf Energy Maritime

Formed in 2004 as a Joint Venture shipping company, Gulf Energy Maritime is investing in and managing 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's primary objective is to operate with high standards of safety and quality in ship construction and its operation and management. GEM's paid-up capital is USD 129 M and its asset value exceeds USD 1 Billion. GEM's growth perspective is a long term strategic one and accordingly majority of its vessels are expected to be fixed in a mixed portfolio of long-term and spot charters. Assured revenues in excess of $ 300 million have already been contracted.



GEM currently has the fleet of 19 Trading and Newbuilding ships, which comprises of ten modern panamax tankers and nine chemical/product tankers to be delivered between 2006 and 2009.



GEM has been awarded with ISO 9001-2000 Quality Management System (QMS) and ISO 14001-2004 Environment Management System (EMS) Certification. Furthermore, the Company has also completed the online submission 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.

GEM office in Dubai, UAE, has been certified for ISO 9001:2000 Quality Management System (QMS) and ISO 14001:2004 Environment Management System (EMS) as an integrated system with the International Safety Management (ISM) code.



ISO certifications demonstrate GEMs reputation as an effective and environmentally sound player in the tanker industry.



The scope of these certifications include 'Operational and technical management of a fleet of petroleum and chemical tankers, trading worldwide incorporating the pollution prevention requirements of the IMO Resolution A 741(18) - The ISM Code'.



The initial verification audits of GEM were conducted by Lloyd's Register Quality Assurance - the leading certification body who is recognized by the Accreditation Councils worldwide.



Both ISO 9001-2000 QMS and ISO 14001-2004 EMS certification are internationally recognized credentials that are awarded to companies who meet or exceed a standard for continually improving quality and environmental performance. These certifications represent an international consensus and recognition by the authorized independent certification body of GEM's commitment to ensure the effectiveness, efficiency and continual improvement of its QMS and EMS.