One aim of a giant capesize-chartering operation launched by five of the sector’s top owners this week is to reduce the influence of operators in the market.
John Michael Radziwill, chief executive of C Transport Maritime (CTM) — which is joining with Golden Ocean, Star Bulk Carriers, Golden Union, and Bocimar on the project — believes there are too many “intermediaries in between the pure cargo owner and pure shipowner today”.
