Baltrader, based in Hamburg, Germany, and United Bulk Carriers (UBC), headquartered in Philadelphia, USA, have signed an agreement to jointly market their respective fleets of pneumatic cement carriers under the name Cement Carrier Alliance (CCA).

The new set-up will be able to offer a wider range of vessel sizes, ranging from 3000t to 14,000dwt.

 “As two independent partners motivated by the same objectives, we have teamed up for the marketing of our respective cement carrier fleets” CCA said in a statement.

Baltrader and UBC remain independent entities each operating out of their own offices while offering continuity in their customer relationships. CCA will be jointly represented by the UBC office in Philadelphia and the Baltrader office in Hamburg.