17 October 2009
Gem Bags Safety And Quality Award For The Second Year In A Row

Gulf Energy Maritime (GEM), the Middle East's largest independent commercial product tanker operator, continued its winning ways as it received yet another industry recognition due to its strict adherence to the highest standards of safety and quality.

Seatrade Middle East and Indian Subcontinent Awards, in a recently concluded gala awards night held at the Madinat Jumeirah hotel in Dubai, bestowed upon the company the Safety and Quality Award in 2009. This was the second consecutive year that GEM has been recognized in this category by the same award-giving body.

The award, one of only four International Maritime Organization (IMO)-related categories this year, was received by Ahmed Al Falahi, CEO of GEM from Hamad Al Maghrabi, Director for Shiplift at Drydocks World-Dubai who sponsored the award, in the presence of Christopher Hayman, Chairman of Seatrade.

GEM bested two other finalists in the Safety and Quality category, and was a finalist in two other categories - the Tanker Operator Award and the Ship Owner / Operator Award.

"The fact that GEM has been recognized in this category for the second consecutive year speaks highly of the standards of safety and quality within which we consistently operate our business," said Al Falahi. "More importantly, because this category is one of only four IMO-related categories, this is a strong indication that our company's maritime safety and quality standards are amongst the top companies of this industry when it comes to best practices".

"This award further indicates that GEM does not rest on its laurels after having received three awards last year. We consistently maintain our strict adherence to such high standards of safety and quality and this award, together with our being a finalist in the other categories, simply validates what we have been practising all these times," added Al Falahi.

Aside from the Safety and Quality Award it received also from Seatrade last year, Lloyd's List Middle East Shipping Awards recognized GEM in the Clean Seas category, and declared GEM as the 'Tanker Company of the Year' in 2008.

GEM is certified by Lloyd's Register Quality Assurance to the ISO 9001-2000 Quality Management System and ISO 14001-2004 Environment Management System for the operational and technical management of its fleet.

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About Gulf Energy Maritime (GEM) PJSC:
Headquartered in Dubai, GEM is the Middle East's largest independent, commercial product tanker operator and boasts the world's most modern Product and Chemical tanker fleet. Committed to delivering excellence in safety and quality, GEM's Tanker Management Self Assessment System required by the Oil Companies International Marine Forum, has been approved by ExxonMobil, BP,  Shell and Chevtex - the first Middle East product tanker operator to be approved by four of the world's oil majors.

Established five years ago, GEM has built an asset value now standing at US$ 1.3 billion.

GEM is certified by Lloyd's Register Quality Assurance to the ISO 9001-2000 Quality Management System and ISO 14001-2004 Environment Management System for the operational and technical management of a fleet of petroleum and chemical tankers trading worldwide. These also incorporate the pollution prevention requirements of the International Marine Organization's ISM Code.

GEM is a joint venture partnership 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 under the UAE Offsets program.

For further information please contact:
Gladson Ronad
MCS/Action
PO Box 20970
Dubai
United Arab Emirates
Tel: +9714 390 2960
Fax: +9714 390 8161
Mob: +971 50 4533479
Email: gladson.r@actionprgroup.com

Gulf Energy Maritime online at: www.gemships.com

© Press Release 2009