Star Tankers Pool Expands

Tuesday, February 17, 2009

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. The M/T Moonlight Venture entered the pool on January 17, 2009 and the M/T Larvik will enter in March.

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).

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