Joining the long-standing commercial strength of the two organizations in the tanker industry Capital Ship Management Corp (Capital) and Heidmar Inc announced the formation of a joint venture.

“I am extremely pleased to announce the joint venture with Capital and the relaunching of the Heidmar brand,” expresses Pankaj Khanna, CEO, Heidmar Inc

All 32 tankers managed by Capital will be joining pools operated by Heidmar. Ranging from 10,000 dwt to VLCCs, operated by 35 talented people from Athens, London and Singapore, now Heidmar will operate approximately 60 crude, product and chemical tankers.

“The unique and transparent trading platform of Heidmar that has enjoyed an excellent reputation in the market for decades and the exceptional performance of our pools have been key driver in attracting quality tanker owners like Capital. I am humbled by the trust placed by Capital in the Heidmar.”

This joint venture is a step in the right direction for Heidmar and we hope will be followed by others, who also see the same virtues. We continue to focus our efforts on executing the vision of a services platform that will offer financial and strategic owners of tankers or bulkers options to leverage their assets for the best returns,” Pankaj articulated.

Team Heidmar have worked hard since November 2020 to rejuvenate the fleet from 7 to almost 60 tankers. Heidmar has been at the forefront of the move to digitalization, having developed the first in-house platform 18-years ago. eFleetwatch was re-launched again last year with many enhancements and is already capturing data for the monitoring of C02 emissions from their managed ships.

Marex Media