Panamax RSA

Panamax Revenue Sharing Agreement

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).

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 and figures of CTM spot managed fleet today

84,500

Average DWT

3 Years

Average Age

76,000 – 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

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