Bulker pool Baumarine by MaruKlav has reported a profit for 2024 after expanding its roster of owners.

The operation, run by Norway’s Torvald Klaveness and Japan’s Marubeni Corp, said the positive performance was driven by strong collaboration with its pool members.

The panamax and kamsarmax specialist’s vessel index, based on standard kamsarmaxes, stood at $4.95m