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Following on from the success of our Supramax Revenue Sharing Agreement (RSA), in March 2016 CTM launched our Panamax RSA. We brought the same package to the Panamax sector coupling our leading management services with a competitive pricing structure. This allows us to bring the benefits of economies of scale and a globally positioned fleet offering a better service to our clients.
All vessels placed with the Panamax RSA are run on the spot market and managed directly by CTM, bringing our expertise in Operational and Commercial management at very little cost. We operate a flexible structure; meaning that we have made the RSA simple to enter and exit in order to allow Owners operational flexibility over their vessel(s).
Average DWT
Average Age
Vessel Sizes (dwt)
World class operator provides hassle free chartering of vessels
More vessels = increased information and more opportunities
Diversification by charterer so as to spread any potential counter-party risk
All chartering to be done on the spot market
Long standing chartering experience with major operators/charterers
Round the clock commercial management, chartering and operations
Ship Name | Deadweight | Vessel Type | Year Built | Shipyard | Flag | |
---|---|---|---|---|---|---|
Bulk Japan | 8295182,951 | Panamax | 2006 | Tsuneishi | Liberia | |
Red Lily | 8185581,855 | Panamax | 2017 | Tsuneishi | Panama | |
Aquagrace | 8179181,791 | Panamax | 2017 | Tsuneishi | Panama |