Chandris Hellas Inc.

Chandris (Hellas) Inc. is a ship management company specialising in the management and operation of tankers and bulk carriers. All vessels are managed from the Piraeus office. The vessels are owned by individual companies and are registered mostly under the Greek flag. The company was established in 1911. The Chandris fleet operated in the 1920s and 1930s and up until the Second World War. During the war it lost a substantial number of vessels and rebuilt its fleet with an active newbuilding program in the 50s and 60s. In 1950 Chandris (Hellas) Inc. became the fleet's managing company, and during the 60s, 70s and 80s the average number of ships under management ranged between 20 and 30, including 3 newbuilding VLCCs, with an average fleet size of 1.2-1.5 million DWT. In 1999 Chandris (Hellas) Inc. embarked on a fleet renewal and enlargement programme. Now the fleet's deadweight capacity is close to 4 million DWT, with an average age of about 7 years. In 2013 Chandris (Hellas) Inc. embarked on a newbuilding plan by ordering two eco-design LR2 product tankers at Daewoo.