C Transport Maritime (CTM)

12 April 2020

Monaco based ship manager and operator C Transport Maritime S.A.M. (CTM) chartered in capesize dry bulk carrier from Nasdaq listed Diana Shipping. C Transport Maritime S.A.M. (CTM) chartered in 2009 built capesize bulk carrier 177K DWT MV Houston at $12,400 per day until September 2021. C Transport Maritime S.A.M. (CTM) is going to pay around $5.25 million in total during the charter period. Previously, capesize bulk carrier 177K DWT MV Houston was chartered by Koch Shipping at $10,125 per day for a year.

Nasdaq listed Diana Shipping has a fleet of 41 dry bulk carriers. Currently,
weighted TCE (Time Charter Equivalent) for capesize bulk carriers at $6,762 per day. Capesize rates at the highest point since the beginning of 2020 and the FFA (Future Freight Agreement) markets have continued to achieve momentum.

1 April 2020

John Michael Radziwill led ship manager and operator C Transport Maritime S.A.M. (CTM) has added another shipowner d’Amico Dry to its supramax pool. C Transport Maritime S.A.M. (CTM) increased supramax pool by adding 2006 built supramax bulk carrier 53K DWT MV Medi Bangkok and 2009 built supramax bulk carrier 56K DWT MV Medi Paestum to the Supramax Revenue Sharing Agreement (RSA). Italian dry bulk and tanker shipowner d’Amico currently operates 120 bulkers and tankers.

In December 2019, Chandris (Hellas) joined to C Transport Maritime S.A.M. (CTM) supramax pool. Currently, Supramax Revenue Sharing Agreement (RSA) is the biggest and most flexible supramax pool in the shipping market today. C Transport Maritime S.A.M. (CTM) added 2011 built supramax bulk carrier 57K DWT MV Serene Jessica to the Supramax Revenue Sharing Agreement (RSA).

9-April2017

C Transport Maritime (CTM) bought 2007 built panamax dry bulk carrier 75K DWT M/V Bariloche for $13.8 million. In 2016, John Michael Radziwill controlled C Transport Maritime (CTM) bought 2005 built capesize dry bulk carrier 177K DWT M/V Bulk Singapore for $12.5 million which is cheaper than current $17 million market value. In March 2017, C Transport Maritime (CTM) bought 2007 built supramax dry bulk carrier 55K M/V Admiral Schmidt and continues to stockpile second-hand tonnage.

19-March-2016

C Transport Maritime (CTM) has launched a new revenue-sharing agreement for spot trading panamax bulkers with three owners and 10 panamax bulk carriers. All panamax bulk carriers in revenue sharing will be managed centrally, the revenues shared among all participants, with flexible three months exit notice terms for all ships.