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Sanko and Hellespont join offshore forces

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<strong>Sanko</strong> <strong>and</strong> <strong>Hellespont</strong> <strong>join</strong> <strong>offshore</strong> <strong>forces</strong> :: Towingline.com<br />

http://www.towingline.com/archives/933utm_source=rss&utm_medium=rss&utm_c...<br />

Page 1 of 5<br />

16/03/2011<br />

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<strong>Sanko</strong> <strong>and</strong> <strong>Hellespont</strong> <strong>join</strong> <strong>offshore</strong> <strong>forces</strong><br />

Home<br />

by Hans | March 15th, 2011<br />

The <strong>Sanko</strong> Steamship Co Ltd <strong>and</strong> <strong>Hellespont</strong> Group have entered into a <strong>join</strong>t venture for manning<br />

<strong>and</strong>/or shipmanagement services to <strong>Sanko</strong>’s <strong>and</strong> <strong>Hellespont</strong>’s <strong>offshore</strong> fleets through their<br />

Singapore subsidiaries.<br />

The Singapore-based <strong>join</strong>t venture company, <strong>Sanko</strong>-<strong>Hellespont</strong> Offshore Management Pte Ltd,<br />

owned by <strong>Sanko</strong> Ship Management (Singapore) Pte Ltd <strong>and</strong> <strong>Hellespont</strong> Singapore Pte Ltd on an<br />

equal partnership basis, started operations on 7 March, 2011, <strong>and</strong> is led by Captain Andrew<br />

Lidgard of <strong>Hellespont</strong>, as CEO <strong>and</strong> Mr Yasushi Hashimoto of <strong>Sanko</strong>, as Chairman<br />

Captain Lidgard, who has many years of <strong>offshore</strong> seagoing experience, agrees with Mr Hashimoto<br />

that, “A specialised level of experience <strong>and</strong> the ability to provide <strong>and</strong> maintain the most<br />

experienced crew is vital to success in the growing market for <strong>offshore</strong> support vessels. This <strong>join</strong>t<br />

venture gives both companies economies of scale in delivering that expertise, <strong>and</strong> allows us to<br />

attract <strong>and</strong> retain a greater pool of experienced <strong>and</strong> capable <strong>offshore</strong> seafarers.”<br />

Initially, the company will provide manning <strong>and</strong> /or ship management services to four 12,250<br />

BHP Anchor H<strong>and</strong>ling Tug Supply vessels (AHTS) <strong>and</strong> four 3,250 dwt Platform Supply Vessels<br />

(PSV), plus a further four new 16,320 BHP AHTS <strong>and</strong> four new 4,700 dwt PSV. Some more<br />

vessels will enter this Joint Venture during 2011-2012, making a total of about twenty units in all.<br />

The company will be located at 26-12 International Plaza, 10 Anson Rd, Singapore.


<strong>Sanko</strong> <strong>and</strong> <strong>Hellespont</strong> <strong>join</strong> <strong>offshore</strong> <strong>forces</strong> :: Towingline.com<br />

http://www.towingline.com/archives/933utm_source=rss&utm_medium=rss&utm_c...<br />

Page 2 of 5<br />

16/03/2011<br />

* <strong>Sanko</strong>, one of Japan’s oldest shipping companies with its origins dating back to 1935, operates a<br />

fleet of 36 owned <strong>and</strong> 156 chartered vessels consisting of oil, gas <strong>and</strong> chemical tankers, bulk<br />

carriers <strong>and</strong> <strong>offshore</strong> support vessels totalling over 18m dwt from its headquarters in Tokyo, with<br />

overseas offices located worldwide, including London, New York <strong>and</strong> Singapore. It also has a<br />

crewing subsidiary in Manila. www.sankoline.co.jp<br />

* Established in 1946, <strong>Hellespont</strong> manages vessels from offices in Hamburg, Piraeus <strong>and</strong><br />

Singapore <strong>and</strong> has its own crewing company in Manila. Today the group operates a chemical<br />

tanker pool <strong>and</strong> manages a fleet of 26 vessels including crude, product <strong>and</strong> chemical tankers,<br />

platform supply vessels <strong>and</strong> one bulk carrier. www.hellespont.com<br />

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