Hamburg-based Oliver Harms-led TMA Bulk Pool reached 30 handysize bulk carriers since February 2020. Termgroup, M/Maritime, and Ariston Navigation pulled bulk carriers out of the Aug Bolten-managed Sea Stallion Pool to establish TMA Bulk Pool. TMA Bulk Pool is poised for growth. Hamburg-based ship operator TMA Bulk Pool is one of the most impressive Greek-German ventures in shipping. Hamburg-based ship operator TMA Bulk Pool will soon manage supramax and ultramax bulk carriers. 2-September-2022
Hamburg-based Oliver Harms-led TMA Bulk Pool is increasing the company’s handysize bulker pool by teaming up with Melbourne-based bulk carrier operator Ravensdown Shipping Services Pty Ltd (RSS). Hamburg-based TMA Bulk Pool was established by two Greek and one German shipowners in February 2020. TMA Bulk Pool was established by former members of the rival Sea Stallion Pool. In February 2020, Greek shipowners M/Maritime and Ariston Navigation have collaborated with Termgroup to establish TMA Bulk Pool. TMA Bulk Pool will focus on handysize bulk carriers. TMA Bulk Pool accepted Melbourne-based bulk carrier operator Ravensdown Shipping Services Pty Ltd (RSS) as the fourth member of handysize bulker pool. Handysize drry bulk carrierr freight rates plunged two-year low. Melbourne-based bulk carrier operator Ravensdown Shipping Services Pty Ltd (RSS) controlled 2019 built handysize bulk carrier 38K DWT MV Iris Harmony entered into TMA Bulk Pool. Melbourne-based bulk carrier operator Ravensdown Shipping Services Pty Ltd (RSS) is the shipping arm of Ravensdown Limited which imports apprroximately 1 million tonnes of fertilisers per year to New Zealand. Termgroup, M/Maritime, and Ariston Navigation pulled bulk carriers out of the Aug Bolten managed Sea Stallion Pool in order to establish TMA Bulk Pool. TMA Bulk Pool started with eight (8) bulk carriers. Howeverr, TMA Bulk Pool has already increased to 20 handysize bulk carriers. Hamburg-based TMA Bulk Pool is led by Oliver Harms. Previously, Oliver Harms was the manager of at the Sea Stallion Pool by Aug Bolten. Currently, Hamburg-based TMA Bulk Pool will focus on the handysize bulk carriers. However, TMA Bulk Pool will also focus on supramax and ultramax bulk carriers. Hamburg-based Oliver Harms-led TMA Bulk Pool face the immediate challenge of expanding as the dry bulk market for smaller bulk carriers is hitting its lowest for a while. Currently, TMA Bulk Pool manages 20 bulk carriers in the pool. 28-April-2020
Greek shipowners M/Maritime and Ariston Navigation have collaborated with German Termgroup to establish TMA Bulk Pool. Hamburg-based TMA Bulk Pool was established by two Greek and one German shipowners in February 2020. TMA Bulk Pool will focus on handysize bulk carriers.
M/Maritime, Ariston Navigation, and Termgroup pulled bulk carriers out of the Aug Bolten managed Sea Stallion Pool in order to form TMA Bulk Pool. Currently, TMA Bulk Pool manages 20 bulk carriers in the pool. TMA Bulk Pool will be managed Oliver Harms who was a former chartering manager at Aug Bolten. After M/Maritime, Ariston Navigation, and Termgroup exit the Sea Stallion Pool, Sea Stallion Pool has left with a couple of bulk carriers of founding member Aug Bolten. Hamburg based Aug Bolten is Germany’s second-oldest shipping company. Aug Bolten is controlled by Gerhard Binder and Killinger family.
In 2013, Sea Stallion Pool was formed by John Xylas led Ariston Navigation, together with Lydia Mar Shipping. Greek Lydia Mar Shipping is a subsidiary of the Aug Bolten. Initially, Sea Stallion Pool was managing eight (8) handysize bulk carriers. Later on, Sea Stallion Pool expanded to 30 bulk carriers. Aug Bolten managed Sea Stallion Pool members were:
- M/Maritime
- Ariston Navigation
- Termgroup
- Castleton Commodities Shipping
- Denholm Shipping
According to TMA Bulk manager Oliver Harms, TMA Bulk Pool has been focusing on handysize bulk carriers. However, TMA Bulk Pool will soon manage supramax and ultramax bulk carriers. TMA Bulk Pool is aiming to add more eco-bulk carriers besides founding members’ own bulk carriers. 8-March-2020