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Capital Ship Management tankers join Heidmar pools

Capital Ship Management Capital_mt_aristofanis.jpg
Capital Ship Management’s 32 managed tankers will join Heidmar-operated pools under a new joint venture agreement.

Heidmar said pooling is an efficient means of consolidation, granting the scale and flexibility necessary to meet the needs of growing customers. The deal will bring the number of vessels operated by Heidmar to 60 across crude, product and chemical tankers, ranging in size from 10,000 dwt to VLCCs.

“I am extremely pleased to announce today the joint venture with Capital and the relaunching of the Heidmar brand. The unique and transparent trading platform of Heidmar that has enjoyed an excellent reputation in the market for decades and the exceptional performance of our pools have been key drivers in attracting quality tanker owners like Capital,” said Pankaj Khanna, CEO of Heidmar.

Heidmar has grown from seven vessels in November 2020 to almost 60.

“This joint venture is a step in the right direction for Heidmar and we hope will be followed by others, who also see the same virtues. We continue to focus our efforts on executing the vision of a services platform that will offer financial and strategic owners of tankers or bulkers options to leverage their assets for the best returns.”

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