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)CCL was formed in 2015 by CTM, along with Bocimar, Golden Ocean 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 eight chartering managers located in Antwerp, Monaco 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 allows us to react to any changes in the market place.

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 CTM spot managed fleet today

13.9 million

Total DWT

6 Years

Average Age

78

Vessels

Experience

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

Ship Name Deadweight Vessel Type Year Built Shipyard Flag  
Aquakatana185,897Capesize2005KawasakiLiberia
Red Sage182,419Capesize2015JMULiberia
Aquavictory182,060Capesize2010OdenseLiberia
Aquamarine182,060Capesize2009OdenseLiberia
Aquataine181,725Capesize2010ImabariLiberia
True Patriot180,967Capesize2016ImabariLiberia
Nautical Dream180,730Capesize2013JMULiberia
Navios Pollux180,727Capesize2009STXPanama
Bulk Kyushu180,211Capesize2006ImabariPanama
Aquasalwador180,012Capesize2012DaehanLiberia
Aquarange179,842Capesize2011Hanjin (PH)Liberia
Aquamaka179,362Capesize2009HyundaiLiberia
Aquahaha179,023Capesize2012Hanjin (PH)Liberia
Aquatonka179,004Capesize2012Hanjin (PH)Liberia
Aquamarie178,896Capesize2012SungdongLiberia
Aquasurfer178,854Capesize2013SungdongLiberia
Aquaproud178,057Capesize2009SWSLiberia
Argentina177,897Capesize2010SWSMarshall Isl.
Aquagenie177,346Capesize2003NamuraLiberia
Aquabella177,216Capesize2005NamuraLiberia
Aquabridge177,106Capesize2005NamuraLiberia
Aquavoyageurs177,022Capesize2005NamuraLiberia
Aquaenna175,975Capesize2011JinhaiLiberia
Aquacarrier175,935Capesize2011JinhaiLiberia
Aquafortune174,725Capesize2011NamuraLiberia
Aquakatie174,142Capesize2007SWSLiberia
Aquascope174,008Capesize2006SWSLiberia
Aquacharm171,009Capesize2003SaseboLiberia
Aquajoy171,009Capesize2003SaseboLiberia
RINA Certified Management System ISO 9001 ISO 14001
UKAS and ISO 9001 and ISO 14001