A 70 to 80-strong capesize bulker pool has been set up by the partners of Capesize Chartering in response to the dire conditions in the bulker market.

Bocimar chief executive Benoit Timmermans, one of the partners in Capesize Chartering, which was established last year, confirms the formation of Capesize Chartering Ltd (CCL), talk of which has been circulating in broking circles over the past week after CCL began being referenced against fixture data.

The