Panamax RSA
In March 2025, CTM announced a significant revamp and the reintroduction of its Panamax RSA, with the aim of replicating the successful model of the Supramax RSA, which has been running successfully for 12 years.
This strategic update comes as the average outperformance of CTM’s Panamax fleet vis a vis the BPI was 5% in the period 2022-2024. In the previous decade, CTM managed the largest Panamax pool in the market, but after a certain point, avoided the sector due to the fleet profile. The revamp reflects CTM’s commitment to enhancing its offerings in the Panamax segment.
All vessels associated with the Panamax RSA operate in the spot market and are managed directly by CTM. This allows us to leverage our expertise in operational and commercial management at minimal cost. We maintain a flexible structure, which simplifies the process for owners to enter or exit the RSA, providing them with operational flexibility for their vessel(s).
Flexibility without unnecessary Costs
Facts and figures of CTM spot managed fleet today

82,000
Average DWT

6 Years
Average Age

70,000 – 95,000
Vessel Sizes (dwt)
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 counter-party 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

