Supramax RSA

Supramax Revenue Sharing Agreement

The Process

In CTM’s Supramax Revenue Sharing Agreement (RSA), all of the vessels are run together and the incomes generated are distributed to the members according to the revenue earning capabilities of their vessels within the Agreement.

  • A Revenue Sharing Key establishes the relative theoretical earning capacity of each Member Vessel on a time charter basis (based on the description of that Member Vessel)
  • The vessel is assessed by CTM’s chartering managers on the basis of tradability and performances (Dwt, Cubic Capacity, Draft, Service, eco speed & consumption, grabs etc) and a Revenue Sharing Key is established.
  • The Key is calculated on the basis of the 6 Supramax index routes as published by the Baltic Exchange and based on the RSA Matrix (covers WW trading).
  • Vessel performances are constantly being monitored and in the case that a vessel is over/under performing the Revenue Sharing Key is then reassessed.

Flexibility without unnecessary Costs

  • No Daily Administration Fees are charged to the members of the RSA, only a 1.25% commission.

  • NO withdrawal fees

  • Flexible 3 months exit notice

Facts and figures of CTM spot managed fleet today

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    59,600 dwt

    Average DWT

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    4 Years

    Average Age

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    53,000 - 64,000

    Vessel Sizes

group
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Members

supramax
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Vessels

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Tonnage carried in 2016

World Class operator

World class operator provides hassle free chartering of vessels

Collective Intelligence

More vessels = increased information and more opportunities

Diversification

Diversification by charterer so as to spread any potential counterparty risk

Spot Market

All chartering to be done on the spot market

Long Standing Experience

Long standing chartering experience with major operators/charterers

Commercial Management

Round the clock commercial management, chartering and operations

Number of RSA Members

RSA Cargoes carried in 2016

  • Coal
  • Grain
  • Nickel Ore
  • Fertilisers
  • Steel Products
  • Iron Ore
  • Clinker
  • Sugar
  • Salt
  • Limestone
  • Cement
  • Bauxite
  • Other

Number of Vessels in the Pool

Vessels in the Supramax RSA Fleet
Ship Name
Deadweight
Vessel Type
Year Built
Shipyard
Flag
Nautical Georgia
63800
Supramax
2017
New Hantong
Liberia
Golden Libra
63679
Supramax
2017
Chengxi
Hong Kong
Golden Taurus
63657
Supramax
2015
Chengxi
Hong Kong
Golden Gemini
63654
Supramax
2015
Chengxi
Hong Kong
Golden Virgo
63650
Supramax
2017
Chengxi
Hong Kong
Golden Leo
63650
Supramax
2016
Chengxi
Hong Kong
Golden Aries
63604
Supramax
2015
Chengxi
Hong Kong
Nautical Anne
63593
Supramax
2016
Jiangsu Hantong
Liberia
Nautical Elisabeth
63586
Supramax
2015
Jiangsu Hantong
Liberia
Nautical Alice
63580
Supramax
2016
Jiangsu Hantong
Liberia
Nautical Runa
63577
Supramax
2015
Jiangsu Hantong
Liberia
Nautical Lucia
63566
Supramax
2015
Jiangsu Hantong
Liberia
Nautical Loredana
63556
Supramax
2015
Jiangsu Hantong
Liberia
Nautical Hilary
63530
Supramax
2015
Jiangsu Hantong
Liberia
Nautical Sif
63530
Supramax
2015
Jiangsu Hantong
Liberia
Nautical Marie
63522
Supramax
2015
Jiangsu Hantong
Liberia
Nautical Jennifer
63495
Supramax
2015
Jiangsu Hantong
Liberia
Bulk Bolivia
63465
Supramax
2016
Imabari
Panama
Sage Amazon
63301
Supramax
2012
Yangzhou
Liberia
Sage Sanaga
63301
Supramax
2013
Yangzhou
Liberia
Red Orchid
61645
Supramax
2015
NACKS
Panama
Aquapride
61465
Supramax
2012
Imabari
Liberia
Bulk Guatemala
61446
Supramax
2013
Imabari
Panama
Navios Oriana
61442
Supramax
2012
Imabari
Panama
Bulk Atacama
61384
Supramax
2014
Imabari
Singapore
Navios Venus
61339
Supramax
2015
Imabari
Panama
Red Azalea
61299
Supramax
2015
Imabari
Panama
Loch Ness
61272
Supramax
2016
Toyohashi
Panama
Loch Nevis
61272
Supramax
2016
Toyohashi
Panama
Victoria T
61266
Supramax
2017
Toyohashi
Panama
Red Cosmos
61263
Supramax
2015
Imabari
Marshall Isl.
Red Daisy
61254
Supramax
2016
Imabari
Panama
CMB Chikako
61229
Supramax
2014
Imabari
Panama
Aquaprosper
61208
Supramax
2015
Imabari
Liberia
Ionic Unicorn
60425
Supramax
2016
MES
Marshall Isl.
Golden Cecile
60263
Supramax
2015
JMU
Hong Kong
Golden Cathrine
60263
Supramax
2015
JMU
Hong Kong
Red Sakura
60245
Supramax
2017
Oshima
Singapore
Bulk Costa Rica
58758
Supramax
2012
NACKS
Singapore
Queen Jhansi
58758
Supramax
2007
Tsuneishi Zhoushan
Marshall Isl.
Indigo Flora
58724
Supramax
2013
Kawasaki
Marshall Isl.
Bulk Patagonia
58723
Supramax
2012
Kawasaki
Panama
Sage Caledonia
58086
Supramax
2013
Tsuneishi Cebu
Liberia
Golden Hawk
58068
Supramax
2015
Toyohashi
Panama
KN Future
57999
Supramax
2013
Tsuneishi Cebu
Singapore
ST Paul
57982
Supramax
2010
Tsuneishi Cebu
Marshall Isl.
Lindsaylou
57981
Supramax
2012
Sinopacific
Marshall Isl.
Bulk Honduras
57959
Supramax
2012
Tsuneishi Cebu
Liberia
ST George
57959
Supramax
2012
Tsuneishi Cebu
Marshall Isl.
ST Pinot
57949
Supramax
2013
Tseuneishi Cebu
Marshall Isl.
Sage Symphony
57949
Supramax
2012
Tseuneishi Cebu
Liberia
Bulk Colombia
57937
Supramax
2011
Tsuneishi Cebu
Liberia
Bulk Ecuador
57937
Supramax
2011
Tsuneishi Cebu
Panama
Bulk Peru
57937
Supramax
2011
Tsuneishi Cebu
Panama
Bulk Uruguay
57937
Supramax
2011
Tsuneishi Cebu
Liberia
Nautical Aventurin
56952
Supramax
2012
Jiangsu Hantong
Portugal
Nautical Amethyst
56899
Supramax
2011
Jiangsu Hantong
Liberia
Ionic Spirit
56119
Supramax
2010
MES
Marshall Isl.
Loch Crinan
56108
Supramax
2013
Oshima
Panama
Bulk Phoenix
56088
Supramax
2013
MES
Panama
ChristinaB
56071
Supramax
2007
MES
Marshall Isl.
Ionic Storm
56032
Supramax
2005
MES
Marshall Isl.
Loch Shuna
55905
Supramax
2014
Mitsui
Panama
Aquakula
55309
Supramax
2007
Oshima
Liberia
Bridgegate
53477
Supramax
2010
Imabari
Singapore
CMB Coralie
53463
Supramax
2009
Chengxi Shipyard
Hong Kong
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