Capesize Chartering

19-December-2018

Herman Billung led Capesize Chartering Ltd (CCL)’s capesize dry cargo fleet hits the 100-ship mark. Capesize Chartering Ltd (CCL) pool was established in 2016 by four leading shipowners:

  • Star Bulk Carriers
  • Bocimar
  • Golden Ocean Group
  • C Transport Maritime

After launching in 2016, Capesize Chartering Ltd (CCL) pool fleet was around 70 capesize dry bulk carriers, after pool members’ mergers and acquisitions Capesize Chartering Ltd (CCL) pool now entered as many as 100 capesize dry bulk carriers.

Capesize Chartering Ltd (CCL) pool has been one of the most prosperous pool investments in the capesize segment. New York-listed Star Bulk Carriers took over Songa Bulk and Bocimar took control of 5 capesize dry bulk carriers from German Oscar Wehr.

Capesize Chartering Ltd (CCL) pool’s operations in the Pacific are controlled by the Singapore office of Golden Ocean, while Bocimar is responsible for the Atlantic operation.

Capesize Chartering Ltd (CCL) is a spot pool, but the pool members are free to pull out some of their ships to operate on period charters. Capesize Chartering Ltd (CCL) pool is able to optimize spot chartering.