NEW YORK ( TheStreet) -- Oil tanker operator General Maritime (GMR) may be close to signing a deal to acquire seven supertankers for $600 million to $700 million, a shipping-industry trade journal reported Tuesday night.The deal includes five "very large crude carriers," or VLCCs, as well as two suezmax-size ships currently being built at shipyards, according to the journal, called Trade Winds, which cited unnamed "market sources" for its reporting. The seller was identified as Metrostar, a private shipping company based in Athens.
Genmar to Buy $600M in Ships: Report
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