Insights

Heidmar believes that trust and strong relationships come through hard work and transparency.

Heidmar Raises $85M Facility to Fund its Pool Companies

March 20, 2013

Norwalk, CT · March 20, 2013 — Heidmar today announced that it has entered into an $85 million dollar facility with Macquarie Bank to fund working capital requirements for its five tanker pools.

The transaction closed on March 11, 2013.

About Heidmar

Heidmar is the general agent and commercial manager of five pools: Star Tankers Inc. (panamax/LR1 tankers between 55,000 and 75,000 deadweight tons); Sigma Tankers Inc. (aframax/LR2 tankers between 90,000 and 120,000 deadweight tons) Dorado Tankers Pool Inc. (mid-range product tankers between 39,000 and 55,000 deadweight tons), Blue Fin Tankers Inc. (suezmax tankers between 140,000 and
180,000 deadweight tons) and Seawolf Tankers Inc. (very large crude carriers greater than 200,000 deadweight tons).