SUPRAMAX RSA C TRANSPORT MARITIME S.A.M. Headquartered in Monaco - - PowerPoint PPT Presentation
SUPRAMAX RSA C TRANSPORT MARITIME S.A.M. Headquartered in Monaco and founded in 2004 One of the largest shipmanagement companies globally Employs over 85 people from 13 different nationalities Lloyds List Dry Bulk Operator of
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Supramax to Newcastlemax bulk carriers, and over 180 vessels when including Capesize Chartering Ltd. (“CCL”).
(RSAs)
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“What we are trying to do here is eliminate fragmentation among the supramax-owning community so we can provide a more efficient service as well as minimise all of our costs” John Michael Radziwill CEO
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pools*, all of which are operated on the spot market
years depending on each member’s portfolio composition, employment strategy and
externally audited annually (Deloitte)
*including vessels in CCL but not double counting CTM managed ships
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Agreement was created in 2013 with 5 members and 6 vessels
and 66 vessels
shipowners, publicly listed companies, commodity traders & financial investment platforms
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5 7 9 14 17 15 18 2013 2014 2015 2016 2017 2018 2019
Number of members in the RSA
6 16 20 31 56 59 66 2013 2014 2015 2016 2017 2018 2019
Number of vessels in the RSA
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J.P. Morgan GMIF
Bocimar Bulk Trading Carras Ltd Castleton Commodities
CBC DryLog Golden Ocean GoodBulk Ionic Nautical Bulk Holding
S’Hail Shamrock Sonoma
Chandris
Eastern Pacific Shipping D’Amico Dry
M-Maritime
Income generated from the pool vessels are distributed to the members according to the revenue earning capabilities of their vessels
cubic capacity, service and eco speed & consumption, draft, etc) and a Revenue Sharing Key is established
cover the day-to-day expenses of the vessel (bunkering, port agent fees etc) and is returned to the member when the vessel exits
Steady income Low fees Global reach Flexibility
Outstanding performance
Risk management
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No daily administration fees - only a 1.25% commission on revenues No hidden fees or other costs No withdrawal fees or penalties Transparent cost structure
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✓ Entry and exit into the RSA is very easy; only two weeks notice for a vessel to enter and maximum three months notice to exit ✓ No minimum duration ✓ Tailored to owners’ concerns and needs. Charter-party negotiations work off the
charter-party can be used.
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The RSA gives out a fixed income Income is based on a pre-agreed FFA budget set at the beginning of the year. Income is adjusted quarterly to match actual results
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Our multi-basin strategy ensures our vessels are spread out globally
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✓ Dedicated, highly sophisticated in- house risk management department with an excellent track record ✓ Counterparty assessment prior to fixing a vessel determines whether fixture goes ahead or not ✓ Tailored maritime lien insurance
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The RSA has weekly, monthly and quarterly reporting as well as physical meetings that take place twice a year.
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425 fixtures concluded 22mn tonnes carried
*All figures are based on calendar year 2018
169 counterparties 2 Years average vessel
duration despite very flexible entry and exit requirements
15% of vessels have been in
for 5 years or more Biggest Supramax pool in the market
35 fixtures concluded per
month in 2018 - 91% on time charter
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NUMBER OF FIXTURES VOLUMES CARRIED ON RSA VESSELS (MILLION TONNES)
TYPE OF CARGO LOADED ON RSA VESSELS IN 2018
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*’Other’ includes cement, sugar, mineral concentrates, scrap, sand, alumina etc ‘Agricultural products’ include grains and oilseeds.
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7 Rue du Gabian, Gildo Pastor Center 98000 Monaco +377 97 98 59 00 www.ctmmc.com