S’hail Shipping, a Qatar-based shipowner and operator, has seen a notable boost of $1 million in the earnings of their bulker fleet thanks to their participation in the Baumarine Panamax Pool managed by MaruKlav Management Inc. This collaboration between Torvald Klaveness and Marubeni has been quite successful for Qatar-based S’hail Shipping, with their panamax bulk carriers achieving an 8% increase in earnings in 2023. The Baumarine Panamax Pool reported an 8% rise in earnings for S’hail Shipping’s fleet. This improvement in performance can be attributed to the four (4) panamax bulk carriers that were included in the panamax operation, which experienced a significant increase of 31.9 Vessel Earnings Points (VEP) during the first half of 2023. These Vessel Earnings Points (VEP) are calculated by Baumarine Panamax Pool based on the actual performance of the bulk carriers compared to their initial descriptions. In 2020, Norwegian shipowner and operator Torvald Klaveness, in collaboration with Japanese trading giant Marubeni, has established the world’s largest panamax pool within the shipping industry. This panamax pool goes by the name “Baumarine Panamax Pool” and is managed by MaruKlav Management Inc. Baumarine Panamax Pool is set to have offices located in Oslo, Dubai, and Singapore, making it a significant player in the global shipping market. 30-October-2023
Tokyo-based trading giant Marubeni Corporation bestows a “fresh perspective” upon the MaruKlav pool, as asserted by Michael Jorgensen, the bulker chief of Norwegian Torvald Klavenes Group’s dry bulk arm Klaveness Dry Bulk. In 2020, Norwegian shipowner and operator Torvald Klaveness merged with Japanese trader Marubeni to establish Baumarine Panamax Pool by MaruKlav Management Inc. Baumarine Panamax Pool manager MaruKlav Management Inc anticipates the enduring presence of volatility in the bulker market. Data will aid the company’s partners in both capitalizing on opportunities and mitigating risks. Significant transformations are imminent for the Baumarine Panamax Pool which is currently the largest pool of panamax bulk carriers worldwide, subsequent to the acquisition of a 25% stake in Klaveness Dry Bulk by Marubeni Corp, the renowned Japanese trading house. Over the past three years, these two companies (Torvald Klaveness and Marubeni ) have been collaborative partners in the Baumarine Panamax Pool. Torvald Klavenes Group’s dry bulk arm Klaveness Dry Bulk manager Michael Jorgensen held a meeting with Kobayashi Masashi, the head of business investment in the shipping department at Marubeni Corp and former deputy managing director of MaruKlav. Currently, Baumarine Panamax Pool by MaruKlav Management Inc has a fleet of about 30 panamax bulk carriers. 12-July-2023
Tokyo-based trading giant Marubeni Corporation acquires a stake in the Norwegian Torvald Klavenes Group’s dry bulk arm Klaveness Dry Bulk. This equity transaction encompasses the esteemed Baumarine pool, Klaveness Chartering, and the remarkable freight-data technology offered by the Norwegian Torvald Klaveness Group known as Market Manager. In 2020, Norwegian shipowner and operator Torvald Klaveness merged with Japanese trader Marubeni to establish Baumarine Panamax Pool by MaruKlav Management Inc. The esteemed Japanese trading house, Marubeni Corporation, is elevating its collaboration with Norway’s Torvald Klaveness Group to new heights by purchasing a 25% stake in the prominent dry cargo operator, Klaveness Dry Bulk. For the past three years, these two companies have been valuable partners in Baumarine by MaruKlav, which stands as the world’s largest panamax pool. This agreement includes the operational entity Klaveness Chartering, the renowned Baumarine pool, and the technological platform known as Market Manager. This data-driven offering aims to empower chartering personnel in making well-informed decisions. Norwegian shipowner and operator Torvald Klaveness and Japanese trading giant Marubeni Group co-operated panamax pool Baumarine Panamax Pool by MaruKlav Management Inc. Currently, Baumarine Panamax Pool by MaruKlav Management Inc has a fleet of about 30 panamax bulk carriers. 29-June-2023
Marubeni collaborates with Bound4blue to globally market suction sails Partnership expands on an existing project with a Spanish manufacturer to install eSAIL on a panamax bulk carrier. Marubeni, a Japanese trading company and shipowner, is intensifying its support for Bound4blue, a Spanish manufacturer, by endorsing their innovative wind power technology called eSAIL. Under a recently signed agreement, Marubeni will facilitate the distribution of the eSAIL system in the Japanese and international markets. Leveraging its extensive network in the shipping industry, Marubeni will serve as the exclusive business partner for Bound4blue in Japan. Norwegian shipowner and operator Torvald Klaveness and Japanese trading giant Marubeni Group co-operated panamax pool Baumarine Panamax Pool by MaruKlav Management Inc. Currently, Baumarine Panamax Pool by MaruKlav Management Inc has a fleet of about 30 panamax bulk carriers. 28-June-2023
Torvald Klaveness and Marubeni have formed a collaborative venture called Baumarine Panamax Pool by MaruKlav Management Inc, which is actively engaged in the digitalization of the shipping industry. Klaveness’ Generation Z is poised to revolutionize the field. Interns Joanna Woo and Shaun Ong eloquently elucidate the imperative for the industry to adapt and overcome its challenges. Torvald Klaveness is embracing the upcoming generation of shipping talent to effectively navigate the demands of this transformative era. An interview featured on the company’s website showcases the perspectives of two sales development interns in Singapore, Joanna Woo and Shaun Ong, highlighting the significance of collaboration and digitalization to the members of Generation Z. This demographic, born in the late 1990s, is now making its mark in the sector. Joanna Woo and Shaun Ong are actively involved in developing Torvald Klaveness’ optimization platform, Market Manager, and are dedicated to the success of the Baumarine Panamax Pool by MaruKlav. Torvald Klaveness, in collaboration with the esteemed Japanese trading conglomerate Marubeni Group, jointly operates the distinguished panamax pool known as Baumarine Panamax Pool, overseen by the esteemed entity MaruKlav Management Inc. Presently, Baumarine Panamax Pool, managed by MaruKlav Management Inc, boasts an impressive fleet of approximately 30 panamax bulk carriers. 13-June-2023
Torvald Klaveness and Marubeni joint venture Baumarine Panamax Pool by MaruKlav Management Inc reported earnings in December averaged a net $13,943 per day, or $14,677 gross. Baumarine Panamax Pool by MaruKlav Management Inc.’s reported earnings are above the Baltic Exchange’s P5TC index for December. Baumarine Panamax Pool by MaruKlav Management Inc moved panamax bulk carriers from Pacific to Indian Ocean in December. By redeploying the panamax bulk carriers from Pacific to Indian Ocean, aumarine Panamax Pool by MaruKlav Management Inc beated the Baltic Exchange’s P5TC index for December. Norwegian shipowner and operator Torvald Klaveness and Japanese trading giant Marubeni Group co-operated panamax pool Baumarine Panamax Pool by MaruKlav Management Inc. Currently, Baumarine Panamax Pool by MaruKlav Management Inc has a fleet of about 30 panamax bulk carriers. 19-January-2023
Torvald Klaveness and Marubeni joint venture Baumarine Panamax Pool by MaruKlav Management Inc has beaten the Baltic Exchange benchmark in Q2 2022 and freight rates are continuing to accelerate. Norwegian shipowner and operator Torvald Klaveness and Japanese trading giant Marubeni Group co-operated panamax pool Baumarine Panamax Pool by MaruKlav Management Inc. Baumarine Panamax Pool by MaruKlav Management Inc reported earnings in June were $27,800 per day on average. Baumarine Panamax Pool by MaruKlav Management Inc outperformed the Baltic’s P5TC figure by more than $500 per day over Q2 2022. Baumarine Panamax Pool by MaruKlav Management Inc reported Q3 2022 as a whole, earnings are outstripping the Baltic Exchange benchmark by $1,800 per day. Baumarine Panamax Pool by MaruKlav Management Inc aims to convert spot to fixed earnings at the market peaks which is becoming more popular. Baumarine Panamax Pool by MaruKlav Management Inc produced additional earnings upside for some members worth $1.1 million, or $3,882 per day. Currently, in low markets, spot panamax bulk carriers with prompt opening dates that join Baumarine Panamax Pool’s larger fleet for worldwide trade, coverage, and earnings are getting a greater upside. Baumarine Panamax Pool by MaruKlav Management Inc wants to examine earnings potential and portfolio with each of panamax shipowners. Baumarine Panamax Pool by MaruKlav Management Inc stays concentrated on maintaining the fleet employed at targeted time and direction in strategic areas, leveraging what Baumarine Panamax Pool calls increasingly accurate machine learning predictions, optimization algorithms, trade flow data, and AIS insight models. In May 2022, Baumarine Panamax Pool by MaruKlav Management Inc announced a significant extra payout for a Japanese vessel that surpassed stated speed and fuel consumption levels. In Q1 2022, Baumarine Panamax Pool member Mizuho Sangyo banked an extra $94,563 for the 2006 built panamax bulk carrier 75K DWT MV Coral which equates to a further $1,383 per day. 2006 built panamax bulk carrier 75K DWT MV Coral overperformed by 7% on the level of speed/fuel consumption originally guaranteed by the shipowner Mizuho Sangyo when MV Coral joined the Baumarine Panamax Pool in January. Baumarine Panamax Pool by MaruKlav Management Inc is vigorously utilizing the Forward Freight market to lock in margins and adjust Baumarine Panamax Pool’s position towards market trends. Currently, Baumarine Panamax Pool by MaruKlav Management Inc has a fleet of about 30 panamax bulk carriers. 12-August-2022
Torvald Klaveness and Marubeni joint venture Baumarine Panamax Pool has announced a prominent supplementary pay-out for Japanese panamax bulk carriers that exceeded expressed speed and fuel consumption levels. Therefore, shipowners tend to favor describing their ships more conservatively. Norwegian shipowner and operator Torvald Klaveness and Japanese trading giant Marubeni Group co-operated panamax pool Baumarine Panamax Pool by MaruKlav Management Inc. Baumarine Panamax Pool by MaruKlav Management Incorporation expressed that 2006 built panamax bulk carrier 75K DWT MV Coral Ring’s shipowner Mizuho Sangyo was remunerated around $94K in Q1 2022. 2006 built panamax bulk carrier 75K DWT MV Coral Ring over-performed by 7% on the level of speed/fuel consumption originally guaranteed by the shipowner Mizuho Sangyo when MV Coral Ring joined Baumarine Panamax Pool by MaruKlav Management Inc in January 2021. MV Coral Ring has since been chartered out to Oldendorff Carriers for three months in April 2022. Baumarine Panamax Pool by MaruKlav Management Inc expressed the pool is challenging the status quo. Baumarine Panamax Pool by MaruKlav Management Inc continuously scrutinizes the real performance of the pool fleet and remunerates pool members extra payments through a quarterly redistributions model to ships when they perform better than described. Torvald Klaveness and Marubeni joint venture Baumarine Panamax Pool thinks that shipowners who maintain their ships well should be remunerated for better performance. In April 2022, Baumarine Panamax Pool had outstripped Baltic Exchange benchmark gains in Q1 2022. Currently, Baumarine Panamax Pool has a fleet of about 30 panamax bulk carriers. 20-May-2022
Tokyo-listed trader and shipowner Marubeni Group will cooperate with NAPA and ClassNK to ensure Marubeni’s ships remain competitive as the company proceeds to operate the bulk carriers under reduced propulsion power. Marubeni Group owns approximately 50 vessels. Marubeni Logistics is a subsidiary of Marubeni Group. Marubeni Logistics controls Marubeni Group’s ships. Furthermore, Norwegian shipowner and operator Torvald Klaveness and Japanese trading giant Marubeni Group co-operated panamax pool Baumarine Panamax Pool by MaruKlav Management Inc. Tokyo-listed trader and shipowner Marubeni Group will reach the bunker and carbon emission savings through voyage optimization with maritime software services firm NAPA and Japan class society ClassNK. NAPA’s Fleet Intelligence platform integrates the Finland-based firm’s expertise in naval architecture with many years of data on voyages and weather events. NAPA’s Fleet Intelligence platform will analyze retrospectively the effect of the EEXI (Energy Efficiency Existing Ship Index) on actual ship performance across the Marubeni Group’s fleet and compare the results against identical fleets. Japan class society ClassNK will verify the analysis. NAPA’s Fleet Intelligence platform will forecast how well Marubeni Group’s ships will be able to perform from 2023 onwards when the EEXI (Energy Efficiency Existing Ship Index) and CII (Carbon Intensity Indicator) requirements enter force. Marubeni Group aims to optimize ship voyages, without the immediate requirement for any new bunkers or technology. Marubeni Group wants to stay competitive as the company proceeds to operate ships under lowered propulsion power. 10-April-2022
Intersea Maritime has joined the world’s biggest panamax pool Baumarine Panamax Pool by MaruKlav Management Inc. Intersea Maritime controlled 2001 built panamax bulk carrier 74K DWT MV Intersea Voyager (ex MV Braveheart) has joined Norwegian shipowner and operator Torvald Klaveness and Japanese trading giant Marubeni co-operated panamax pool Baumarine Panamax Pool by MaruKlav Management Inc. MV Intersea Voyager (ex MV Braveheart) was delivered to the Baumarine Panamax Pool by MaruKlav Management Inc in early January 2022. MV Intersea Voyager (ex MV Braveheart) is the second vessel to join the Baumarine Panamax Pool by MaruKlav Management Inc so far in 2022. Intersea Maritime states the company has ambitious goals to grow its business into transshipment operations. Furthermore, Intersea Maritime plans to ship the cargoes of power producers in India and infrastructure development, such as shore-based unloading facilities and provision of tugs. Intersea Maritime is pleased to set a close relationship with Baumarine Panamax Pool by MaruKlav Management Inc and excited to join the world’s biggest panamax pool. Baumarine Panamax Pool by MaruKlav Management Inc has substantial administration delivering strong earnings, ship performance, and network to Intersea Maritime. Baumarine Panamax Pool by MaruKlav Management Inc has welcomed another shipowner from India as one of the company’s strategic markets. In January 2022, Japanese shipowner Mizuho Sangyo controlled 2006 built panamax bulk carrier 75K DWT MV Coral Ring joined the world’s biggest panamax pool Baumarine Panamax Pool by MaruKlav Management Inc. Currently, Baumarine Panamax Pool by MaruKlav Management Inc operates around 30 panamax bulk carriers. 7-February-2022
Norwegian family-owned shipping and investment company Lorentzen Skibs has joined into the Baumarine Panamax Pool by MaruKlav Management Inc. Lorentzen Skibs controlled 2010 built panamax bulk carrier 79K DWT MV Eclipse (ex MV Golden Eclipse) has joined into the Baumarine Panamax Pool by MaruKlav Management Inc. Baumarine Panamax Pool by MaruKlav Management Inc. wants to expand the world’s biggest panamax pool with new shipowners like Lorentzen Skibs. In May 2020, MSPL Diamond Pte Ltd has joined into the Baumarine Panamax Pool by MaruKlav Management Inc. MSPL Diamond Pte Ltd has added 2013 built panamax bulk carrier 92K DWT MV Indus Victory and 2012 built panamax bulk carrier 92K DWT MV Indus Triumph into the panamax pool. MSPL Diamond Pte Ltd is the shipping arm of Baldota Group of Companies. Previously, Shoei Kisen, Meiji Shipping, Kambara Kisen, U-Ming Marine has joined into the Baumarine Panamax Pool by MaruKlav Management Inc. 31-May-2020
Torvald Klaveness and Marubeni joint venture Baumarine Panamax Pool welcomed a Japanese shipowner Shoei Kisen as the company’s expansion resumes. Norwegian shipowner and operator Torvald Klaveness and Japanese trading giant Marubeni Group co-operated panamax pool Baumarine Panamax Pool by MaruKlav Management Inc. Currently, Baumarine Panamax Pool by MaruKlav Management Inc is the world’s biggest panamax pool operator. Japanese shipowner Shoei Kisen controlled 2016 built panamax bulk carrier 85K DWT MV Nadeshiko has joined Baumarine Panamax Pool by MaruKlav Management Inc. Japanese shipowner Shoei Kisen is the ownership arm of Imabari Shipbuilding. Japanese shipowner Shoei Kisen has historically had close ties with Marubeni and was the first owner of MG Harrison. Japanese shipowner Shoei Kisen is excited to be a part of a growing Baumarine Panamax Pool. Baumarine Panamax Pool by MaruKlav Management Inc increased the operated panamax bulk carrier fleet to 30. Baumarine Panamax Pool by MaruKlav Management Inc will contribute to an even closer working relationship between shipowners in the panamax pool. The panamax pool was established by a merger of Klaveness’ Baumarine with Marubeni’s MG Harrison in January. Torvald Klaveness and Marubeni joint venture Baumarine Panamax Pool satisfy the requirements of shipowners with different strategic objectives. In April, Baumarine Panamax Pool by MaruKlav Management Inc welcomed the first scrubber-fitted panamax bulk carrier. 2013 built panamax bulk carrier 82K DWT MV Bright Pegasus has joined Baumarine Panamax Pool by MaruKlav Management Inc. 2013 built panamax bulk carrier 82K DWT MV Bright Pegasus is operated by Japan’s KMNL Lodestar. Baumarine Panamax Pool by MaruKlav Management Incorporation’s fleet target is 35 panamax bulk carriers by the end of Q2 2020, and 45 by the end of 2020. In March, Taipei-based shipowner U-Ming added a panamax bulk carrier to the Baumarine Panamax Pool. 22-April-2020
Norwegian shipowner and operator Torvald Klaveness merged with Japanese trader Marubeni to establish Baumarine Panamax Pool by MaruKlav Management Inc. The world’s largest panamax pool Baumarine by MaruKlav Management Inc. has added 2013 built scrubber-fitted kamsarmax bulk carrier 82K DWT MV Bright Pegasus to the pool. Furthermore, both Torvald Klaveness and Marubeni are endeavoring to add 15 more bulk carriers until the end of 2020. Baumarine Panamax Pool by MaruKlav Management Inc. targets 35 bulk carriers till the end of Q2 2020 and 45 bulk carriers till the end of Q4 2020. Amsterdam based KMNL Lodestar is the owner of the scrubber-fitted kamsarmax bulk carrier 82K DWT MV Bright Pegasus. MV Bright Pegasus is the first ship of KMNL Lodestar in the Baumarine Panamax Pool by MaruKlav Management Inc. Depending on the pool’s performance, KMNL Lodestar might contribute two (2) more bulk carriers. Baumarine Panamax Pool by MaruKlav Management Inc. commenced in January 2020 when the dry bulk markets are plunged due to coronavirus recession. Baumarine Panamax Pool’s 20% of the fleet will be scrubber-fitted panamax bulk carriers. Furthermore, Taiwan based shipowner and operator U-Ming added a bulk carrier to Maruklav Panamax Pool in March 2020. 10-April-2020
Norwegian shipowner and operator Torvald Klaveness and Japanese trading giant Marubeni co-operated to establish the world’s biggest panamax pool in the shipping market. A newly established panamax pool is named Baumarine Panamax Pool by MaruKlav Management Inc. and will have offices in Oslo, Dubai, and Singapore. Baumarine Panamax Pool by MaruKlav Management Inc. will operate 30 panamax bulk carriers at the commencement. Previously, these panamax bulk carriers were operated by Marubeni’s MG Harrison Shipping and Klaveness’ Baumarine Pools. According to Torvald Klaveness and Marubeni, this joint-venture will blend the powers of an important Japanese trading house and a long-term Norwegian shipowner and operator. Baumarine Panamax Pool by MaruKlav Management Inc. will have exceptional versatility and adaptation to the risk appetite of each individual shipowner. Baumarine Panamax Pool by MaruKlav Management Inc. will be led by Torvald Klaveness’ Michael Jorgensen with Marubeni’s Masashi Kobayashi as his deputy. Currently, Baumarine Panamax Pool by MaruKlav Management Inc. is the world’s biggest panamax pool. Baumarine Panamax Pool by MaruKlav Management Inc. has been intending to collaborate with various shipowners, with a transparent goal of increasing both the number of shipowners and total pool volume. Baumarine Panamax Pool by MaruKlav Management Inc. intention is to control around 50 panamax bulk carriers by the end of 2020. Baumarine Panamax Pool by MaruKlav Management Inc. acknowledges that machine-learning experimentation will improve ship positioning. Furthermore, Baumarine Panamax Pool by MaruKlav Management Inc. is thoroughly engaged to render the most dependable service for all pool participants. Torvald Klaveness has been seeking an associate on pool business and has gained an excellent match in Marubeni. Baumarine Panamax Pool by MaruKlav Management Inc.’s long-term vision is to challenge existing pool models. Therefore, Baumarine Panamax Pool by MaruKlav Management Inc. embraces all shipowners in the shipping industry to collaborate. Klaveness Chartering operates bulk carriers in panamax, kamsarmax, and post-panamax segments. Through sister company Klaveness Combination Carriers, Klaveness Chartering operates twelve (12) combination carriers. By the end of 2021, Klaveness Chartering will operate a fleet of seventeen (17) combination carriers. 21-January-2020