Managers of the Sea Stallion Pool have set their sights on commercially managing a fleet of about 40 modern handysize bulkers.

The expansion is expected to come from existing and non-pool members attracted by Hamburg-based Sea Stallion's ability to outperform the market, believes Oliver Harms, director of chartering and operations at German shipping company Aug Bolten.

Aug Bolten is the commercial manager of the pool, which has been expanding and recently bagged its 27th vessel with the addition of a fifth ship from its newest member, M/Maritime of Greece.