“Coming together is a beginning; keeping together is progress; working together is success.”
CTM has been managing shipping pools since our establishment in 2004. We now manage three pools in the Supramax, Panamax and Capesize markets: our Supramax, Panamax and Capesize Revenue Sharing Agreements (RSA).
We also are a founding member of Capesize Chartering LTD (CCL) which today is comprised of Bocimar, CTM and Star Bulk. All vessels entered into our Capesize RSA become part of this alliance, whilst still remaining in the care of our dedicated management teams.
The advantage to our clients of having their ships in a pool is that their income is generated from a myriad of trading routes brought by globally positioned fleets.
All ships in our pools are run and operated on the spot market which has yielded better results over the years and gives us added benefit of flexibility.
With our pools, we are trying to eliminate fragmentation among bulk carrier owners. This is so that we can provide a better more efficient service to charterers and everyone we do business with.