Monaco’s C Transport Maritime (CTM) is adding more bulkers to its supramax pool.

The John Michael Radziwill-led company said little-known Oslo owner Forra Ultramax AS has joined the supramax revenue sharing agreement (RSA) with one ship, and another vessel will potentially join later.

Forra Ultramax’s major shareholders include Uthalden AS and Marine Holding (35% each) and Oceana Navigation (15%).