Phrixos Papachristidis News

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, for one/option one year to Ardmore Shipping Ltd of Ireland.

Hellespont Strengthens German Base

The Hellespont Group strengthened its global base in Hamburg, Germany, by buying out the two minority partners in its Hamburg-based shipmanagement company and reshaping its corporate organization. The 25 percent each minority interests held by HCI Capital AG and Peter Doehle Schiffahrts KG in Hellespont Hammonia GmbH & Co KG have been bought out. Hellespont Hammonia has been renamed Hellespont Ship Management GmbH & Co KG, and is now a wholly-owned subsidiary of the Hellespont group parent company, which has been renamed Hellespont Deutschland GmbH.

Hellespont Extends PSV Fleet

The Hamburg-based Hellespont group has extended its fleet of platform supply vessels with the delivery of the 3,250 dwt Hellespont Dione. Built at Drydocks World, Batam, the vessel is the fifth sister ship to join the Hellespont offshore fleet. The previous four vessels were all built in Cochin, India. Phrixos Papachristidis, Hellespont group CEO, said, “These five vessels are a clear statement of our intention to expand in the offshore field. These versatile vessels are all on long term charter for seven years.

Hellespont Expands into Singapore

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.