Germany’s Harren Group is starting up a new commercial platform that will look to lease vessels and take ships on long-term time-charters.

Bremen-based Harren Bulkers owns and manages a fleet of dry-cargo vessels of up to post-panamax in tonnage.

Its newly established commercial arm Harren Bulk Shipping will allow the family-owned group to branch out into chartering services, commercial management of owned and third-party tonnage and will be an independent time-charter operator.