New shipowners join Bluepool Panamax pool

LONDON : Castor Maritime and Sea Tribute Shipmanagement are the latest companies to enter vessels into the Bluepool Panamax dry bulk shipping pool.

Castor Maritime, a NASDAQ listed diversified global shipping and energy company, has entered MV Magic P (2004 built, 76,453 dwt). Sea Tribute Shipmanagement, a specialist Greek dry bulk management company, has added MV Sea Dawn (2014 built, 80,915 dwt).

“From Asian interests to privately held Greek companies and listed corporations, we serve a diverse range of companies and continue to attract top-tier owners. Now in our fourth year of operation, we have a strong track-record and are confident that we will keep delivering market beating returns to our pool participants. Our fleet is very diverse in terms of designs and specifications, which allows us to employ each vessel in its best aligned trades, maximizing returns for all participants,” said Aris Bachos, Bluepool’s head of chartering.

The pool, whose fleet will grow from 16 to 19 vessels within the next months thanks to new commitments, offers an open-door policy to its participants with flexible entry and exit clauses and allows owners to either earn spot returns or to switch to a fixed period rate whenever they choose. Monthly reports on each vessel’s commercial performance ensure full transparency and oversight for owners.