(EnergyAsia, October 23, Friday) --- Germany’s Hellespont shipping group has established a new company in Singapore, Hellespont Singapore Pte Ltd, to operate offshore vessels in the region.

Captain Andy Lidgard, managing director of Hellespont Singapore, will be tasked with developing relationships with key charterers, sourcing crew for the company’s PSV fleet and establishing Hellespont as operators of offshore vessels.

Phrixos Papachristidis, managing director of Hellespont AG & Co KG, the parent company of the Hamburg-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.

“We expect to expand the company there to provide third party management to other operators, not just in the offshore service vessel field, but also in our other areas of expertise with tankers, chemical tankers and bulk carriers.”

The group manages a fleet of 17 modern crude, product and chemical tankers and two platform supply vessels, and has ordered another three PSVs and six chemical tankers.

The new company is located at 10 Anson Road, #26-08A International Plaza, Singapore 079903, Telephone: +65 62241913. Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .