Hercules Tanker Management expands fleet with chemical tanker “Hercules Galaxy”

Hercules Tanker Management (HTM) recently announced the recent arrival of IMO II chemical tanker Hercules Galaxy to Hercules Tanker Management’s growing fleet of over 40 vessels. 

HTM is the shipping venture launched last September by John A. Bassadone, founder and CEO of independent marine fuel supplier Peninsula. 

Delivered on 4 November, the firm said the tanker is a key addition, enhancing its operational capacity and supporting its fleet’s expansion with newer, more capable tonnage.

“Equipped to supply all blends of biofuels, the Hercules Galaxy demonstrates our shared commitment to the energy transition, reducing emissions, and promoting sustainable growth across the maritime sector,” it said in a social media post. 

“This addition to our fleet reflects our dedication to meeting the evolving needs of our global partners.”

HTM operates as an independent ship owner, active in chartering tonnage and commercial management. The company also facilitates Peninsula’s cargo flows and physical supply operations.

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Photo credit: Hercules Tanker Management
Published: 3 February, 2025