Hellespont Singapore Pte Ltd News

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.

The Hamburg-based Hellespont group has expanded its operations by opening a new company in Singapore. Hellespont Singapore Pte Ltd is responsible for developing relationships with key offshore charterers in Singapore, sourcing crews for the Hellespont-managed PSV fleet and establishing Hellespont as operators of offshore vessels in Singapore. Phrixos Papachristidis, Managing Director of Hellespont AG & Co KG, the parent company of the German-based Hellespont ship management and marine services group, said, “We have a growing fleet of offshore vessels and we wanted to place the management and operation close to key charterers. Singapore is a key hub for offshore operations and ideal for operating our new fleet of PSVs.