QuickLinks
 -- Click here to rapidly navigate through this document
  



Exhibit 4.5  


 
 

SUBSIDIARY GUARANTEE    
    


        This Supplemental Indenture, dated as of May    , 2003 (this "Supplemental Indenture" or
"Guarantee"), among General Maritime Management (UK) LLC (the "Guarantor"), General Maritime Corporation
(together with its successors and assigns, the "Company"), each other then existing Subsidiary Guarantor under the Indenture referred to below, and
LaSalle Bank National Association (the "Trustee"), as Trustee under the Indenture referred to below. 


W I T N E S S E T H:  


        WHEREAS, the Company, the Subsidiary Guarantors and the Trustee have heretofore executed and delivered an Indenture, dated as of March 20, 2003 (as
amended, supplemented, waived or otherwise modified, the "Indenture"), providing for the issuance of an aggregate principal amount of $250,000,000 of
10% Senior Notes due 2013 of the Company (the "Securities"); 


        WHEREAS,
Section 3.13 of the Indenture provides that unless such Subsidiary has previously issued a Subsidiary Guarantee which is
then in full force and effect, the Company is required to cause each Restricted Subsidiary created or acquired by the Company or one or more of its Restricted Subsidiaries to execute and deliver to
the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary will unconditionally Guarantee, on a joint and several basis with the other Subsidiary Guarantors, the full and prompt payment of
the principal of, premium, if any, and interest on the Securities on a senior basis; and 


        WHEREAS,
pursuant to Section 9.1 of the Indenture, the Trustee and the Company are authorized to execute and deliver this
Supplemental Indenture to amend the Indenture, without the consent of any Securityholder; 



        NOW,
THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guarantor, the Company, the other
Subsidiary Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Securities as follows: 


ARTICLE I  


 Definitions  


        SECTION
1.1    Defined Terms.    As used in this Subsidiary Guarantee, terms defined in the Indenture or in the
preamble or recital hereto are used herein as therein defined, except that the term "Holders" in this Guarantee shall refer to the term
"Securityholders" as defined in the Indenture and the Trustee acting on behalf or for the benefit of such Holders. The words "herein," "hereof" and
"hereby" and other words of similar import used in this 


1





 

Supplemental
Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof. 


ARTICLE II  


 Agreement to be Bound; Guarantee  


        SECTION
2.1    Agreement to be Bound.    The Guarantor hereby becomes a party to the Indenture as a Subsidiary
Guarantor and as such will have all of the rights and be subject to all of the obligations and agreements of a Subsidiary Guarantor under the Indenture. The Guarantor agrees to be bound by all of the
provisions of the Indenture applicable to a Subsidiary Guarantor and to perform all of the obligations and agreements of a Subsidiary Guarantor under the Indenture. 


        SECTION
2.2    Guarantee.    The Guarantor hereby fully, unconditionally and irrevocably guarantees, as primary
obligor and not merely as surety, jointly and severally with each other Subsidiary Guarantor, to each Holder of the Securities and the Trustee, the full and punctual payment when due, whether at
maturity, by acceleration, by redemption or otherwise, of the Obligations pursuant to Article X of the Indenture on a senior basis. 


ARTICLE III  


 Miscellaneous  


        SECTION
3.1    Notices.    All notices and other communications to the Guarantor shall be given as provided in the
Indenture to the Guarantor, at its address set forth below, with a copy to the Company as provided in the Indenture for notices to the Company. 



        SECTION
3.2    Parties.    Nothing expressed or mentioned herein is intended or shall be construed to give any Person,
firm or corporation, other than the Holders and the Trustee, any legal or equitable right, remedy or claim under or in respect of this Supplemental Indenture or the Indenture or any provision herein
or therein contained. 


        SECTION
3.3    Governing Law.    This Supplemental Indenture shall be governed by, and construed in accordance with,
the laws of the State of New York. 


        SECTION
3.4    Severability Clause.    In case any provision in this Supplemental Indenture shall be invalid, illegal
or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and such provision shall be ineffective only to the extent
of such invalidity, illegality or unenforceability. 


        SECTION
3.5    Ratification of Indenture; Supplemental Indentures Part of Indenture.    Except as expressly amended
hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and 


2





 

effect.
This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of Securities heretofore or hereafter authenticated and delivered shall be bound
hereby. The Trustee makes no representation or warranty as to the validity or sufficiency of this Supplemental Indenture. 



        SECTION
3.6    Counterparts.    The parties hereto may sign one or more copies of this Supplemental Indenture in
counterparts, all of which together shall constitute one and the same agreement. 


        SECTION
3.7    Headings.    The headings of the Articles and the sections in this Guarantee are for convenience of
reference only and shall not be deemed to alter or affect the meaning or interpretation of any provisions hereof. 



        IN
WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed as of the date first above written. 



	 	 	GENERAL MARITIME MANAGEMENT (UK) LLC, as a Subsidiary Guarantor
	

 	
 	

By:	

 
	 	 	 	

	 	 	 	Name: John P. Tavlarios

Title: Manager
	

 	
 	

LASALLE BANK NATIONAL ASSOCIATION, as Trustee
	

 	
 	

By:	

 
	 	 	 	
 Name:

Title:
	

 	
 	

GENERAL MARITIME CORPORATION
	

 	
 	

By:	

 
	 	 	 	
 Name: Peter C. Georgiopoulos

Title: Chairman, President and Chief Executive Officer
	

 	
 	

GENERAL MARITIME MANAGEMENT LLC

UNITED OVERSEAS TANKERS LTD.

GENMAR TRADER LTD.

GENMAR KENTUCKY LTD.




3





 


	 	 	GENMAR WEST VIRGINIA LTD.
	

 	
 	

By	

 
	 	 	 	

	 	 	 	Name: John C. Georgiopoulos

Title: Attorney-In-Fact
	

 	
 	

GMR ADMINISTRATION CORP.
	

 	
 	

By	

 
	 	 	 	
 Name: John C. Georgiopoulos

Title: Vice President
	

 	
 	

GMR ARGUS LLC

GMR ARISTON LLC

GMR BALTIC LLC

GMR CENTAUR LLC

GMR CHALLENGER LLC

GMR CHAMP LLC

GMR ENDURANCE LLC

GMR GULF LLC

GMR HOPE LLC

GMR HORN LLC

GMR KESTREL LLC

GMR LEONIDAS LLC

GMR NESTOR LLC

GMR OCEAN LLC

GMR ORION LLC

GMR PACIFIC LLC

GMR PHOENIX LLC

GMR PRINCESS LLC

GMR PROGRESS LLC

GMR PROMETHEUS LLC

GMR SKY LLC

GMR SPIRIT LLC

GMR SPYRIDON LLC

GMR STAR LLC

GMR TRANSPORTER LLC

GMR TRAVELLER LLC

GMR TRUST LLC

GMR TRADER (Liberia) LLC

GMR AGAMEMNON LLC

GMR AJAX LLC




4





 


	 	 	GMR ALEXANDRA LLC

GMR ALTA LLC

GMR BOSS LLC

GMR COMMANDER LLC

GMR CONSTANTINE LLC

GMR GABRIEL LLC

GMR GEORGE LLC

GMR HARRIET LLC

GMR HECTOR LLC

GMR MACEDON LLC

GMR MALTA LLC

GMR MINOTAUR LLC

GMR PERICLES LLC

GMR SPARTIATE LLC

GMR SUN LLC

GMR ZOE LLC


	

 	
 	

By	

 
	 	 	 	

	 	 	 	Name: John C.Georgiopoulos

Title: Manager




5









QuickLinks


SUBSIDIARY GUARANTEE