Commercial risk in shipping is twofold – that of the counterparty and that of the market. The company addresses the former by concluding transactions with entities that are well established in the commodity business. Longstanding relationships have been cemented over the years as the company understands the needs of its charterers and has demonstrated a distinctive level of dependability.
To minimise market volatility, the company’s strategy is to secure long term employment for its vessels, when market conditions are appropriate, so as to provide predictable cash flows. This has proved beneficial, with the chartering results consistently outperforming the market average.