Bermuda
Stone Shipping Ltd., founded in 2019 in Bermuda, is a chartering instrument for the leasing of Supramax and Ultramax vessels, as well as vessels of 2025 and beyond, Panamax vessels. The company is managed by C Transport Maritime (CTM) and provides investors access to the Dry Bulk Charter Market. CTM leads three Revenue Sharing Agreements (RSAs) for Supramax, Panamax, and Capesize vessels and is also the technical manager of approximately ten Bulk Carriers. Stone Shipping has successfully raised over $130 million for seven private funds over six years, with the five closed funds achieving an average annual yield of more than 30%.
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