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Signal Maritime inks deal with Heidmar for ship management services

The Signal Ocean Platform extracts data from emails and combines it with ship location information The Signal Ocean Platform extracts data from emails and combines it with ship location information

Athens-headquartered ship manager Signal Maritime Services and commercial tanker operator Heidmar have agreed a milestone partnership, under which Signal will manage a joint tanker fleet of 18 Aframax vessels in Heidmar’s Sigma Pool using its proprietary technology and analytical approach.

{mprestriction ids="1,2"} Signal will also be working with the Heidmar team to manage the LR2 vessels in its Sigma Pool, the Suezmax vessels in the Bluefin Pool and the VLCC vessels in the Seawolf Pool. The vessels within these pools will remain within their existing structures but benefit from access to Signal’s capabilities.

“We are excited to join forces with Heidmar and look forward to bringing a stronger and better service to the market through this collaboration. Signal has delivered leading performance since its launch in 2018, through a highly driven team and an expertly-used technology solution. We are confident that the combination of the Signal team and our technology will continue delivering a strong performance for all our pool partners,” said Ioannis Martinos, the CEO at Signal Group.

George Economou, shareholder of Heidmar commented: “Digitalisation and consolidation are a theme of today’s market and a necessity to provide relevant and superior customer service. The pooling business is highly competitive and we believe the combination of Signal’s technology with a sizable fleet will provide the right mix for a successful pool.” {/mprestriction}

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