The vessels, all of which are due for delivery in the first year, range from 28-33,000 dwt. Initial members include Clipper Bulk, Baltic Trading, and a further unnamed owner.
“While new, the Clipper Logger Pool is in many ways a continuation of the former Lasco Logger Pool, which we managed successfully since 2004,” said Gary Vogel, Partner and ceo in Clipper Group. “We are strong advocates of pooling, not only from a manager’s perspective, but from that of an owner; as we directly reap the benefits of efficiencies and economies of scale alongside the other pool members.”
Clipper manages two other dry bulk pools – the “Trader Pool” with 16 modern 30,000 dwt handysize sister vessels, and the “Emerald Pool”, with 10 34-38,000 dwt grabs-fitted vessels.
