C Transport Maritime chief executive John Michael Radziwill aims to generate returns for investors through investment vehicle Stone Shipping, which is targeting supramax and ultramax bulk carriers.

Stone Shipping’s fourth investment cycle will kick off this year, with the initial capital raise set to be completed this quarter.

Thought to be the only investment vehicle of its kind in shipping, Stone creates a joint-venture fund between investors — including Radziwill — to invest in dry bulk shipping over the short term.