A pooling collaboration between US-based Guardian Navigation and Japan’s Mitsubishi Corp has experienced steady growth in the past year.

Representatives of the two companies told TradeWinds the pool is ambitious for more expansion. Mitsubishi’s investment in Guardian was announced in May 2018.

Guardian is the former TBS Ocean Logistics, with headquarters in Scarsdale, New York. Chief executive Aadel Shaaban said that its pools have grown to about 25 bulkers — up about one-third from a year ago — with an ambition to reach 50 ships over the next 18 months.