As venerable pools operator Heidmar Inc closes its doors, Connecticut will remain a hot spot for tanker commercial management and pools thanks to two offshoots run by former Heidmar bosses.
Penfield Marine is not a German company — its headquarters are in Fairfield, Connecticut — but the tanker operator has been staging its own version of Munich's Oktoberfest.
Connecticut firm finds larger home while branching out into Singapore and expanding management footprint.
Penfield Marine has found a new front for expansion, telling TradeWinds that the shipmanager is laying the groundwork to take in the larger tankers by gearing up to add suezmaxes.
Penfield Marine continues a gradual build-up of its aframax pool with three tankers scheduled to deliver this week.
Connecticut-based Penfield Marine is opening a new front in the Hong Kong market with the addition of two new pool members.