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 build Suezmax Tanker the same year and placed an order for six newbuilding IMO2 tankers for delivery 2009 and two newbuilding IMO2 tankers for delivery in 2010.