Going strong in a bad market
During the first half of 2023 the Baltic Supramax Index (BSI) averaged $10,457 per day, down 61% compared to the same period last year.
We are happy to report that in the first six months of the year, our Supramax RSA pool outperformed the BSI by 6.5%. This means that a vessel traded on the spot market in our Supramax RSA earned about $120,000 more from the market than it would have done on a normal index linked charter.
We saw our best results in Q2 2023, where we bettered the index by 12.3%. This was done with a fleet of over 50 vessels.
Find out more about our Supramax RSA pool by clicking the link below:
C TRANSPORT MARITIME S.A.M. (CTM) is a highly qualified and experienced vessel management company primarily in the dry cargo ocean transportation industry. Established in Monaco in 2004, the company has strong Greek and Italian shipping roots that reach back over a century. CTM currently manages a fleet of over 200 dry cargo vessels at any point in time in the Handymax up to Capesize segments.