POOL

Evalend to Join Lasco Logger Pool

Two of Evalend Shipping Co. S.A. newly purchased logger ships, the Ambassador and the Senator, have been placed in the Lasco Logger Pool. Evalend, a private management company in Athens, Greece, operates ten ships in its fleet, committed two Hakodate built loggers to the Pool, which is commercially managed by Lasco. Evalend will perform its own technical management of its vessels. In commenting on the announcement, Anton U. Pardini, President/COO of Lasco, said that EVALEND’S participation in the Pool “…reflects Lasco’s ongoing efforts to establish strategic partnerships with other maritime ventures who share a common vision and philosophy, committed to providing reliable service and quality vessels, in order to better utilize tonnage.” He added that this reflects Lasco’s continued efforts to attract quality vessel owner/operators to create the added value the Pool’s charter flexibility and one stop chartering services benefits for its customers. Pardini went on to call attention to Lasco’s constant efforts to improve its capabilities to make forward fixtures and reduce ballast legs, aggressively positioning cargo opportunities. “Taking best advantage of backhaul cargoes, triangulating ports of call within the Pacific markets and reducing unnecessary ballast days are key components”, Pardini stated, “of the Pool’s benefit to both shippers and Pool members.”

Star Tankers Pool Expands

Heidmar Inc. announced on Feb. 12 that longstanding pool member, Tsakos Shipping and Trading S. A., 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

CSL and Upper Lakes Group Sign Letter of Intent

Sam Hayes, President of The CSL Group Inc. (CSL) and Jack Leitch, Chairman of Upper Lakes Group Inc. (ULS) have announced the signing of a Letter of Intent concerning the purchase by CSL of ULS' 50 percent share of Marbulk Canada Inc. (MCI). MCI is owned jointly by ULS and Algoma Central Corporation (Algoma). Marbulk Shipping Inc. of Salem, Mass., a subsidiary of MCI, operates a fleet of eight self-unloading bulk carriers in international trades on the east coast of North America and in South

Norden A/S Selects Veson Nautical's IMOS

Veson Nautical, a provider of maritime commercial management and trading software solutions, today announced that Dampskibsselskabet NORDEN A/S (NASDAQ OMX Copenhagen A/S: DNORD), one of the oldest and most respected listed shipping companies in the world, has purchased Veson Nautical’s Integrated Maritime Operations System (IMOS). Veson Nautical’s IMOS software will now manage chartering, operations, and voyage accounting related functions for NORDEN’s modern fleet of 210

New Leadership Named at Heidmar

Norwalk, CT -- The Board of Directors of Heidmar Holdings LLC, the holding company for Heidmar Inc. (the "Company"), has announced that it has selected its new Executive team to lead the Company. Marc La Monte has been appointed President and Chief Executive Officer of Heidmar Inc., and Per Heilmann has been appointed Executive Vice President and Chief Risk Officer.   These leadership appointments are effective immediately and will position Heidmar to focus on its growth

Clipper Projects Heads Up New MPP Ship Pool

Denmark-based Clipper Projects sets up multi-purpose (MPP) pool, which will form an integrated part of the current Clipper Projects MPP fleet. The founding members of the pool are:     •    Enzian Ship Management of Zurich, Switzerland     •    Freese Shipping of Stade, Germany     •    Clipper Projects of Copenhagen, Denmark

Euronav, Partners Buy World’s Largest Tankers

Euronav, the tanker subsidiary of the CMB group, together with partners have reached an agreement for the acquisition of four double hull ‘V plus’ ships (also known as Ultra Large Crude Carriers) of 442,500 dwt. The vessels are: Hellespont Alhambra, Hellespont Tara, Hellespont Fairfax and Hellespont Metropolis. The ships will be delivered in the course of the months of May and June 2004 and will be renamed: TI Asia, TI Europe, TI America and TI Africa

Nordic Seaarland Names New Carriers

Nordic Seaarland Tankers BV has named two new 37,500 dwt product/chemical tankers building at Korea's Hyundai Mipo yard. Mt Nordic Agnetha was delivered on 8th May 2009, while Mt Amy will be delivered in July. Both vessels will be managed by Netherlands-based Seaarland Shipping Management, and will be entered into the Handytankers pool. The two vessels bring the fleet of the Nordic Seaarland joint venture to five modern product/chemical carriers.

Scorpio Tankers Charter Agreements for Four Vessels

Scorpio Tankers Inc., a provider of marine transportation of petroleum products worldwide, has entered into time charter agreements for four vessels, BW Zambesi, Krisjanis Valdemars, Kraslava and Histria Azure. BW Zambesi, a 2010 built LR1 tanker (76,578 dwt), was chartered-in for one year at $13,850 per day. The vessel was delivered in December 2010. The agreement includes an option for Scorpio Tankers to extend the charter for an additional year at $14,850 per day.

Hellespont Opts for Navig8 Pool

Hamburg-based Hellespont Group has agreed with Navig8 Chemicals to enter four IMO2 tankers into the Brizo8 Pool. The ships in question are the Hellespont Centurion, Hellespont Challenger, Hellespont Charger and Hellespont Chieftain. All are 17,000dwt, built in 2009 and 2010 and are managed by Hamburg-based Hellespont Ship Management GmbH & Co KG. Hellespont has also time chartered two 2010-built 17,000dwt IMO2 tankers, Hellespont Commander and Hellespont Crusader