The Sanko Steamship Co Ltd and Hellespont Group have entered into a joint venture for manning and/or shipmanagement services to Sanko’s and Hellespont’s offshore fleets through their Singapore subsidiaries. The Singapore-based joint venture company, Sanko-Hellespont Offshore Management Pte Ltd, owned by Sanko Ship Management (Singapore) Pte Ltd and Hellespont Singapore Pte Ltd on an equal partnership basis, started operations on 7 March, 2011, and is led by Captain Andrew Lidgard of Hellespont, as CEO and Mr Yasushi Hashimoto of Sanko, as Chairman.