Welcome to Stone Shipping Ltd.
Stone Shipping Ltd, incorporated in Bermuda, is a chartering vehicle formed in 2019 for the purpose of chartering-in Supramax and Ultramax vessels, either on fixed or on floating rate periods, on behalf of investors.
Stone Shipping, created and managed by C Transport Maritime (CTM), is the ideal vehicle for investors who would like to have access to the dry bulk charter-in market. The charter-in market is one that is normally reserved to shipping companies and ship managers with extensive knowledge of the sector, a long-standing reputation for good performance as well as a strong financial footing. Through this vehicle CTM is opening a typically closed sector of the dry bulk industry to investors.
Depending on the prevailing market and taking market expectations into account the chartered-in vessels are either chartered out on a fixed rate or are employed in CTM’s Supramax Revenue Sharing Agreement (RSA). Investors gain access to CTM’s shipping market expertise, superior commercial capabilities and industry network.
Good Track Record
Stone Shipping has successfully raised $44 million over four years for five privately invested funds. For the four funds that have now closed, returns have been well above expected targets, averaging 37%. Fund 5 is ongoing and Stone Shipping’s sixth fund will start its capital raising in February 2024.
At Stone Shipping we are a group of highly motivated individuals led by our passion for the dry bulk market and by our result-driven attitude. Our purpose is to provide the ideal platform for investors wanting to successfully access the Supramax charter-in market. Through this model that has been tailor-made by CTM’s commercial team and their risk management specialists we have created what we believe is a very attractive and efficient model that allows investors to maximise returns whilst maintaining a moderate risk profile.
We take a responsible approach to managing our clients’ investments through frequent engagement with them to best manage their needs and expectations. Regular updates and reports ensure that our investors are always up to speed and one step ahead of the game.
The ideal vehicle for investors who would like to have access to the dry bulk charter-in market
C Transport Maritime SAM is the exclusive manager of our fleet, performing all operations, including commercial, technical, and administrative management as well as being a specialist in pool management. CTM manages three pools, the Supramax, Panamax and Capesize Revenue Sharing Agreements (RSAs). CTM is also the exclusive manager for Carras Ltd., CBC, CTM Ltd., and the Norwegian OTC-listed shipowning company, GoodBulk Ltd. CTM also performs technical management services for about 10 bulk carriers. CTM is owned by John Michael Radziwill and his family.