Two German groups are teaming up in the cement carrier sector.
Baltrader of Hamburg and Philadelphia-based United Bulk Carriers (UBC), part of the Hartmann Group, are unifying their pneumatic ship fleets to market them under the Cement Carrier Alliance (CCA).
"The aim of the new cooperation is to offer a wider range of vessel sizes to existing and new customers while enhancing marketing to current and developing markets," the companies said.