C Transport Maritime (CTM) has welcomed a new Norwegian partner to its supramax pool.
Forra Ultramax from Oslo is the latest entity to sign up to CTM’s supramax revenue sharing agreement, adding one ship, with potentially one more joining later.
Current pool members will be adding more ships in the coming months. Stone Shipping is adding two vessels in May, and CBC will add its latest newbuild in June with the pool now containing more than 50 ships.
In the past five years, the pool’s creators claim to have outperformed the market by 5%.