The Greek market is notoriously tough for third-party shipmanagers to crack. But Bernhard Schulte Shipmanagement (BSM) has been making significant inroads lately, benefiting from a surge of Greek owners entering the LNG carrier sector.

BSM (Hellas), the group's Greek offshoot, has already secured a number of key contracts and has others in the pipeline, managing director Theophanis Theophanous says.

The outfit has won a deal for the full management of a quartet of LNG carriers ordered by a “first-class” Greek company.