Signal Maritime and Heidmar join forces
Athens (Greece)-headquartered Signal Maritime Services and Heidmar have entered into a partnership agreement under which Signal will manage a joint tanker fleet. Signal Maritime Services is a commercial ship management company.
Founded in 1984, Heidmar is one of the world’s major commercial tanker operators with offices in Singapore, London (UK), Houston (TX) and Connecticut in the USA and a fleet of about 50 vessels, including VLCC, Suezmax, Aframax/LR2 and Panamax tankers that are provided for its pools by 20 separate companies.
The commercial management of 18 Aframax vessels in Heidmar’s Sigma pool will be handled by Signal with immediate effect, with a transition period of one month. Signal will also be working with the Heidmar team to manage the LR2 vessels in its Sigma pool, the Suezmax vessels in the Bluefin pool and the VLCC vessels in the Seawolf pool. The vessels within these pools will remain within their existing structures, but benefit from access to Signal’s capabilities. (mw)