DELIVERY AND DISPOSAL OF VESSELS (Table)

12 Months Ended

Dec. 31, 2016

DELIVERY AND DISPOSAL OF VESSELS.

Schedule of delivery of vessels

		Borrowings to
Vessel Name	Date of Delivery	Fund Vessel's Delivery (1)		Credit Facility
		(Dollars in thousands)
Gener8 Apollo	January 5, 2016	$	60,819	Korean Export Credit Facility
Gener8 Supreme	January 6, 2016		62,563	Amended Sinosure Credit Facility
Gener8 Ares	January 22, 2016		61,128	Korean Export Credit Facility
Gener8 Hera	February 24, 2016		60,511	Korean Export Credit Facility
Gener8 Success	March 22, 2016		59,881	Amended Sinosure Credit Facility
Gener8 Nautilus	April 20, 2016		59,739	Korean Export Credit Facility
Gener8 Andriotis	May 12, 2016		60,450	Amended Sinosure Credit Facility
Gener8 Constantine	June 27, 2016		57,423	Korean Export Credit Facility
Gener8 Chiotis	August 18, 2016		54,600	Amended Sinosure Credit Facility
Gener8 Macedon	August 30, 2016		53,101	Korean Export Credit Facility
Gener8 Perseus	September 9, 2016		53,410	Korean Export Credit Facility
Gener8 Oceanus	September 12, 2016		53,410	Korean Export Credit Facility
Gener8 Miltiades	October 25, 2016		53,300	Amended Sinosure Credit Facility
Gener8 Noble	November 7, 2016		52,484	Korean Export Credit Facility
Gener8 Theseus	November 28, 2016		52,175	Korean Export Credit Facility

(1) Amounts reflect the borrowings incurred under the Korean Export Credit Facility or the Amended Sinosure Credit Facility to fund the delivery of the indicated newbuilding. For more information see Note 14, LONG-TERM DEBT.