The year 2009 saw the three 17.000 newly build chemical tankers as well as one PSV joining the fleet.

In 2008 the company took delivery of three 13,000 tdw chemical tankers as well as two smaller tankers of 6220 tdw for a sister concern operating in the parcel trade for chemicals. Also the first Platform Supply vessels were delivered from yards in India and Indonesia.

The ULCC’s, delivered between December 2001 and March 2003, were designed to very high standards in keeping with the tradition of safety and excellence for which the Hellespont Group has been known. Apart from being amongst the largest tanker vessels in the world, these vessels were best known as the “White Elephants” which took into [...]

During 2010, the company eventually completed their ambitious newbuilding program, with the last of the three 17.000 tdw chemical tankers joining the fleet.

All vessels acquired or contracted since late 2004 were financed in the German KG market, which had the appetite for more tonnage in all tanker segments. Hellespont completed the Panamax Newbuilding project in 2007 by taking delivery of the last two vessels from the yard in China. At the same time they bought a 1999 [...]

The year 2006 saw the delivery of the first four Panamax class tankers ordered in 2004 from a yard in China. But this year also saw another change in the fleet focus with the placement of an order of six newbuilding Platform Supply Vessels for delivery in 2008 and 2009, which was the first step [...]

As part of the fleet expansion process, in early 2005 the company acquired four Suezmax tankers built between 1996 and 1998

The high tanker freight market of 2004 presented the opportunity for the Group to take advantage of the high second hand sale and purchase market, and to sell the ULCCs at a handsome profit. While the Group waited for the tanker market to abate before undertaking its next speculative tanker investment, it was seeking to [...]

In late 1999, Hellespont Shipping Corp ordered four 303,000 dwt VLCC’s and four 442,000 dwt ULCC’s, respectively from major Korean builders. The contracts for the four VLCC’s were subsequently sold.