In CTM’s Supramax Revenue Sharing Agreement (RSA), all of the vessels are run together and the incomes generated are distributed to the members according to the revenue earning capabilities of their vessels within the Agreement.
- A Revenue Sharing Key establishes the relative theoretical earning capacity of each Member Vessel on a time charter basis (based on the description of that Member Vessel)
- The vessel is assessed by CTM’s chartering managers on the basis of tradability and performances (Dwt, Cubic Capacity, Draft, Service, eco speed & consumption, grabs etc) and a Revenue Sharing Key is established.
- The Key is calculated on the basis of the 10 Supramax index routes as published by the Baltic Exchange and based on the RSA Matrix (covers WW trading).
- Vessel performances are constantly being monitored and in the case that a vessel is over/under performing the Revenue Sharing Key is then reassessed.
Flexibility without unnecessary Costs
Facts and figures of CTM spot managed fleet today
50,000 - 64,000
Number of RSA Members
Number of Vessels in the Pool
RSA Cargos % carried in 2018
*Dirty Cargoes include petcoke, salt, clinker cement & scrap