Capital Axis Maritime Corp. Launches with Strategic Partnership
Capital-Executive Ship Management Corp. has announced a significant strategic cooperation agreement with SPV Axis Maritime Corp. This collaboration has led to the formation of Capital Axis Maritime Corp., which will manage a fleet of twenty dry bulk carriers. The new venture aims to enhance operational efficiency and sustainability in the dry bulk shipping sector.
New Fleet Management Initiative
Under the newly formed Capital Axis Maritime Corp., the company will oversee a diverse fleet of twenty dry bulk carriers. This fleet includes two Newcastlemax vessels, four Capesize ships, and seven Kamsarmax and Panamax vessels currently in operation. Additionally, the company is set to manage seven newbuilding Capesize bulk carriers scheduled for delivery in 2027. Collectively, this fleet boasts a carrying capacity of approximately 3.0 million deadweight tons, with an average vessel age of eight years.
Capital-Executive Ship Management Corp. Partners with SPV Axis Maritime Corp.
Mr. Nicholas E. Madias, President and CEO of Capital Axis Maritime Corp., expressed enthusiasm about the partnership with Capital-Executive Ship Management Corp. He stated, “We are delighted to partner with a well-established and reputable organization. We are confident that this synergy will create long-term value for stakeholders through both cost savings and revenue growth.” Madias emphasized the potential for significant advancements by combining the strengths of both companies, particularly in the dry bulk sector, where SPV Axis has over 25 years of experience in ownership and management.
Capital Axis Maritime Corp. is committed to delivering top-tier commercial and technical management services for dry bulk vessels. With a strong emphasis on operational excellence and sustainability, the company aims to redefine standards within the global dry bulk shipping industry.
