Heidmar says Tsakos, Sanko committing four ships to pool

The following is the text of a press release issued by Heidmar Inc.:


(NORWALK, Conn.) — Heidmar Inc. (“Heidmarâ€) announced today that longstanding pool member, Tsakos Shipping and Trading S. A. (“Tsakosâ€), entered the M/T SELINI into the Star Tankers pool on January 12, 2009. A second new building, the M/T SALAMINA, is scheduled to enter the Star Tankers pool in mid-February. Both vessels were built at Sungdong Shipyard in Korea.

Heidmar also announced that Sanko Steamship Co. has committed two additional vessels to the Star Tankers pool. The M/T MOONLIGHT VENTURE entered the pool on January 17, 2009 and the M/T LARVIK will enter in March.

Tim Brennan, President and CEO of Heidmar, said, “It is very rewarding to have pool members commit additional tonnage into a Heidmar pool. The continued growth of the pools with first class owners and modern tonnage will allow us to expand the services that we can provide our customers and the benefits that we can provide our pool members, especially in today’s challenging market.â€

With the delivery of these four vessels, the Star Tankers pool will consist of a fleet of 35 modern, double hull panamax tankers, which trade on a world-wide basis and carry both crude oil and petroleum products.

Heidmar, through its offices in the United States, England, and Singapore employs 100 people and commercially operates a fleet of over 95 tankers. Heidmar is the general agent and commercial manager of five pools: Star Tankers Inc. (panamax/LR1 tankers between 55,000 and 75,000 DWT); Sigma Tankers Inc. (aframax/LR2 tankers between 90,000 and 120,000 DWT); Dorado Tankers Pool Inc. (mid-range product tankers between 37,000 and 55,000 DWT); Marida Tankers Inc. (short-range product tankers between 13,000 and 18,000 DWT) and Blue Fin Tankers Inc. (suezmax tankers between 140,000 and 180,000 DWT).

By Professional Mariner Staff