Supramax RSA

Supramax Revenue Sharing Agreement

The Process

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

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

60,100

Average DWT

6 Years

Average Age

50,000 - 64,000

Vessel Sizes

0
Members
0
Vessels
0
Tonnage carried in 2018

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

Number of RSA Members

Number of Vessels in the Pool

RSA Cargos % carried in 2018

*Dirty Cargoes include petcoke, salt, clinker cement & scrap

Ship Name Deadweight Vessel Type Year Built Shipyard Flag  
Nautical Georgia63,800Supramax2017Jiangsu HantongLiberia
Nautical Anne63,593Supramax2016Jiangsu HantongLiberia
Nautical Alice63,580Supramax2016Jiangsu HantongLiberia
Nautical Runa63,577Supramax2015Jiangsu HantongLiberia
Nautical Lucia63,566Supramax2015Jiangsu HantongLiberia
Nautical Loredana63,556Supramax2015Jiangsu HantongLiberia
MSXT Artemis63,538Supramax2019COSCOPanama
Nautical Hilary63,530Supramax2015Jiangsu HantongLiberia
CMB Rubens63,514Supramax2018ImabariMarshall Isl.
Daimongate63,496Supramax2017ImabariLiberia
Bulk Bolivia63,465Supramax2016ImabariPanama
Great Rainbow63,464Supramax2015ChengxiHong Kong
Bulk Paraguay63,461Supramax2016ImabariPanama
Nautical Madison63,436Supramax2018Jiangsu HantongLiberia
Sage Amazon63,301Supramax2012YangzhouLiberia
Sage Sanaga63,301Supramax2013YangzhouLiberia
Red Orchid61,645Supramax2015NACKSPanama
Devongate61,517Supramax2014DalianLiberia
Bulk Guatemala61,446Supramax2013ImabariPanama
Bulk Atacama61,384Supramax2014ImabariSingapore
Red Azalea61,299Supramax2015ImabariPanama
Victoria T61,266Supramax2017ToyohashiPanama
Red Cosmos61,263Supramax2015ImabariMarshall Isl.
Red Daisy61,254Supramax2016ImabariPanama
CMB Chikako61,229Supramax2014ImabariPanama
FJ Star61,225Supramax2016ToyohashiPanama
Olympia.Gr61,222Supramax2018Shin KurushimaPanama
Aquaprosper61,208Supramax2015ImabariLiberia
Ionic Unicorn60,425Supramax2016MESMarshall Isl.
Golden Cecile60,263Supramax2015JMUHong Kong
Golden Cathrine60,263Supramax2015JMUHong Kong
Red Sakura60,245Supramax2017OshimaSingapore
Areti.Gr60,243Supramax2017OshimaPanama
Josco Changzhou58,764Supramax2011NACKSHong Kong
Bulk Costa Rica58,758Supramax2012NACKSSingapore
Medi Segesta58,730Supramax2009Tsuneishi CebuPanama
Bulk Patagonia58,723Supramax2012KawasakiPanama
Medi Hakata58,078Supramax2014ToyohashiPanama
Golden Hawk58,068Supramax2015ToyohashiPanama
ST Paul57,982Supramax2010Tsuneishi CebuMarshall Isl.
Bulk Honduras57,959Supramax2012Tsuneishi CebuLiberia
ST George57,959Supramax2012Tsuneishi CebuMarshall Isl.
ST Pinot57,949Supramax2013Tsuneishi CebuMarshall Isl.
Sage Symphony57,949Supramax2012Tsuneishi CebuLiberia
Bulk Colombia57,937Supramax2011Tsuneishi CebuLiberia
Bulk Ecuador57,937Supramax2011Tsuneishi CebuPanama
Bulk Peru57,937Supramax2011Tsuneishi CebuPanama
Bulk Uruguay57,937Supramax2011Tsuneishi CebuLiberia
Medi Yokohama57,905Supramax2014Tsuneishi ZhoushanPanama
Medi Manila57,903Supramax2014Tsuneishi ZhoushanPanama
Serene Jessica57,275Supramax2010STX DalianBahamas
Sea Star56,951Supramax2014JiangdongMarshall Isl.
Nautical Amethyst56,899Supramax2011Jiangsu HantongLiberia
SFL Sara56,869Supramax2010XiamenHong Kong
SFL Yukon56,869Supramax2010XiamenHong Kong
CS Sonoma56,704Supramax2010Jiangsu HantongBahamas
Ionic Spirit56,119Supramax2010MESMarshall Isl.
Loch Crinan56,108Supramax2013OshimaPanama
Bulk Phoenix56,088Supramax2013MESPanama
Ionic Storm56,032Supramax2005MESMarshall Isl.
Medi Paestum55,614Supramax2009MESMarshall Isl.
Medi Bangkok53,466Supramax2006ImabariMarshall Isl.
S’hail Al Ruwais52,817Supramax2001OnomichiQatar
S’hail Al Doha52,455Supramax2002Tseuneishi CebuQatar
RINA Certified Management System ISO 9001 ISO 14001
UKAS and ISO 9001 and ISO 14001