Capesize RSA

The Process

The Capesize Revenue Sharing Agreement (RSA) was formed out of the pools we inherited from the Coeclerici Group. In the Capesize RSA, our expert teams take care of the commercial, operational, accounting, legal, insurance, bunkering and technical management of your vessel(s).

All vessels that join the Capesize RSA are entered into Capesize Chartering Limited (CCL). Formed in 2016, current members are CTM, Boicimar and Star Bulk this is the first alliance of its kind in the Capesize sector. Once vessels are entered into CCL they benefit from having their commercial management handled by ten chartering managers located in Antwerp, Monaco, Athens and Singapore. This gives the added benefit of global coverage of the major bulk markets. All vessels in CCL are run on the spot market, giving greater flexibility and allowing us to react to any changes in the marketplace.

This alliance of like-minded companies furthers our aim of reducing fragmentation among bulk carrier owners, whilst delivering a better service to charterers. CCL acts solely as a commercial manager, all ships entered in via our Capesize RSA will have their day-to-day operational and technical management overseen by our award-winning teams.

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 & figures of Capesize RSA fleet

1 million

Total DWT

11 Years

Average Age




Long-standing industry contacts and experience with the major operators and charterers.

Minimizing Idle time

Minimizing Idle time and repositioning expenses.

Market Data

Access to wide ranging market analysis

Economies of Scale

Economies of Scale -> cost reductions More Vessels = Increased information and more opportunities

Less Ballast Voyages

Shorter spread between loading dates

RINA Certified Management System ISO 9001 ISO 14001
UKAS and ISO 9001 and ISO 14001