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Star Bulk puts nine capesizes into new pool

Star Bulk puts nine capesizes into new pool
Star Bulk Carriers has entered into a capesize vessel pooling agreement (CCL) with Bocimar International, Golden Ocean Group and C Transport Holding.

Athens-based Star Bulk will put nine of its capesizes into the pool as part of the CCL fleet. In total, the CCL fleet will initially consist of 65 modern capesize vessels and will be managed in Singapore and Antwerp.

“Each vessel owner shall continue to be responsible for the operating, accounting and technical management of their respective vessels,” Star Bulk stated.

“Star Bulk expects to achieve improved scheduling ability through the joint marketing opportunity that CCL represents for its capesize vessels, with the overall aim of enhancing economic efficiencies,” it added.