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HEIDMAR Announces Appointment as Commercial Manager for PSV Contract

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Heidmar Maritime Holdings (NASDAQ: HMR) has announced its expansion into commercial management services for the offshore sector. The company has secured a five-year contract to provide a platform supply vessel (PSV) and crew for supply tours in the North Sea, with three one-year extension options available.

This strategic move marks Heidmar's entry into the offshore supply vessel sector, broadening its fee-based services portfolio. CEO Pankaj Khanna highlighted that this expansion aligns with the company's business model of providing diverse commercial services to the maritime cluster.

Heidmar Maritime Holdings (NASDAQ: HMR) ha annunciato la sua espansione nei servizi di gestione commerciale per il settore offshore. L'azienda ha ottenuto un contratto di cinque anni per fornire una nave di supporto per piattaforme (PSV) e equipaggio per tour di rifornimento nel Mare del Nord, con tre opzioni di estensione annuali disponibili.

Questa mossa strategica segna l'ingresso di Heidmar nel settore delle navi di supporto offshore, ampliando il suo portafoglio di servizi a pagamento. Il CEO Pankaj Khanna ha sottolineato che questa espansione è in linea con il modello di business dell'azienda, che prevede la fornitura di servizi commerciali diversificati per il cluster marittimo.

Heidmar Maritime Holdings (NASDAQ: HMR) ha anunciado su expansión en los servicios de gestión comercial para el sector offshore. La compañía ha asegurado un contrato de cinco años para proporcionar un buque de suministro de plataformas (PSV) y tripulación para recorridos de suministro en el Mar del Norte, con tres opciones de extensión anual disponibles.

Este movimiento estratégico marca la entrada de Heidmar en el sector de buques de suministro offshore, ampliando su cartera de servicios basados en tarifas. El CEO Pankaj Khanna destacó que esta expansión se alinea con el modelo de negocio de la empresa de ofrecer servicios comerciales diversos al clúster marítimo.

Heidmar Maritime Holdings (NASDAQ: HMR)는 해양 부문 상업 관리 서비스로의 확장을 발표했습니다. 이 회사는 북해에서 공급 투어를 위한 플랫폼 공급선(PSV)과 승무원을 제공하는 5년 계약을 체결했으며, 3개의 1년 연장 옵션이 있습니다.

이 전략적 움직임은 Heidmar가 해양 공급선 분야에 진입하는 것을 의미하며, 요금 기반 서비스 포트폴리오를 확장하는 것입니다. CEO Pankaj Khanna는 이번 확장이 해양 클러스터에 다양한 상업 서비스를 제공하는 회사의 비즈니스 모델과 일치한다고 강조했습니다.

Heidmar Maritime Holdings (NASDAQ: HMR) a annoncé son expansion dans les services de gestion commerciale pour le secteur offshore. L'entreprise a sécurisé un contrat de cinq ans pour fournir un navire de soutien aux plateformes (PSV) et un équipage pour des tournées de ravitaillement en mer du Nord, avec trois options de prolongation d'un an disponibles.

Ce mouvement stratégique marque l'entrée de Heidmar dans le secteur des navires de soutien offshore, élargissant son portefeuille de services basés sur des frais. Le PDG Pankaj Khanna a souligné que cette expansion s'aligne avec le modèle commercial de l'entreprise, qui consiste à fournir des services commerciaux diversifiés au cluster maritime.

Heidmar Maritime Holdings (NASDAQ: HMR) hat seine Expansion in die kommerziellen Managementdienste für den Offshore-Sektor angekündigt. Das Unternehmen hat einen Fünfjahresvertrag zur Bereitstellung eines Plattformversorgungsfahrzeugs (PSV) und einer Besatzung für Versorgungsfahrten in der Nordsee gesichert, mit drei einjährigen Verlängerungsoptionen.

Dieser strategische Schritt markiert Heidmars Eintritt in den Offshore-Versorgungsschiff-Sektor und erweitert das Dienstleistungsportfolio auf Gebührenbasis. CEO Pankaj Khanna hob hervor, dass diese Expansion mit dem Geschäftsmodell des Unternehmens übereinstimmt, das darauf abzielt, vielfältige kommerzielle Dienstleistungen für den maritimen Sektor anzubieten.

Positive
  • Secured 5-year contract with three 1-year extension options
  • Strategic expansion into new offshore supply vessel sector
  • Addition of fee-based revenue stream
Negative
  • None.

ATHENS and NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- Heidmar Maritime Holdings Corp. (“Heidmar”) (NASDAQ: HMR), announces the expansion of its service offering to include commercial management services for the offshore sector. The Company will act on behalf of a client for a five-year contract to provide a platform supply vessel (PSV) and crew for supply tours in the North Sea. The contract also has three one-year extension options.

CEO of Heidmar Maritime Holdings, Pankaj Khanna, expressed enthusiasm about the expansion, stating, "The expansion of our fee-based services business into the offshore supply vessel sector is an interesting addition to our services roster and in line with our business model of offering a range of commercial services to the maritime cluster."

About Heidmar, Inc.

Celebrating its 40th anniversary this year, Heidmar is an Athens based, commercial and pool management business servicing the crude and product tanker market and is committed to safety, performance, relationships and transparency. With operations in Athens, London, Singapore, Chennai, Hong Kong and Dubai, Heidmar has a reputation as a reliable and responsible partner with a goal of maximizing our customers' profitability. Heidmar seeks to offer vessel owners a "one stop" solution for all maritime services in the crude oil, refined petroleum products and dry bulk shipping sectors. Heidmar believes its unique business model and extensive experience in the maritime industry allows the Company to achieve premier market coverage and utilization, as well as provide customers in the sector with seamless commercial transportation services. For more information, please visit www.heidmar.com.

Forward-Looking Statements

This release contains certain forward-looking statements within the meaning of the federal securities laws with respect to the Company. All statements other than statements of historical facts contained in this press release, including statements regarding the Company’s future results of operations and financial position, business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Heidmar are forward-looking statements. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include unforeseen liabilities, expansion and growth of the Company’s operations, the failure of counterparties to fully perform their contracts with the Company, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker or drybulk vessel capacity, changes in the Company’s operating expenses, demand for the Company’s managed fleet, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general international geopolitical conditions and conflicts, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off‐hires, and other factors. Please see the Company’s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond the Company’s control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company does not give any assurance that it will achieve its expectations.

CONTACT INFORMATION:

Heidmar, Inc.
Nicolas Bornozis, Investor Relations/Media
Telephone: 212-661-7566
Email: heidmar@capitallink.com


FAQ

What is the duration of Heidmar's (HMR) new PSV contract in the North Sea?

The contract has an initial term of 5 years with three additional one-year extension options.

What type of vessel will Heidmar (HMR) manage under the new contract?

Heidmar will manage a Platform Supply Vessel (PSV) for supply tours in the North Sea.

How does the new PSV contract align with Heidmar's (HMR) business strategy?

It expands Heidmar's fee-based services into the offshore supply vessel sector, aligning with their strategy of offering diverse maritime commercial services.

What services will Heidmar (HMR) provide under the new North Sea contract?

Heidmar will provide commercial management services, including PSV vessel and crew management for supply tours.
Heidmar Maritime Hldgs Corp

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