• Start of ship owning activities with first Product Tanker acquisition (29,900dwt),
  • Strategic fleet growth including first orders of new buildings,
  • Fleet growth to up to six MR Tankers,
  • Opening of Mumbai Office for the exclusive manning of all Andromeda vessels.


Continuous fleet growth by:

  • strategic move into the FSO market with two units (VLCC + 83.000 cbm LPG carrier),
  • Three new MR Tankers to replace older units,
  • strategic move into the LR2 business by ordering new vessels at SHI,
  • Diversified employment approach by mix of short and long term TC contracts.


  • Sale of FSO business with full management under Andromeda,
  • Expansion of third party ship management (Currently 20 vessels under management),
  • Strategic diversification into older MR & Suezmax for synergies with partners from the oil trading business,
  • Three Suezmaxs, one Aframax and one MR Tanker subsequently joined the fleet,
  • Continue the growth path with focus on strategic partnerships in long-term investments, covered by long term charter coverage.

Contact for all your global shipping and cargo needs.

Request a Quote