Dry bulk advisory from Handysize to Capesize.
Vectra Maritime supports bulk carrier acquisitions, financing and valuation through vessel due diligence, financing structure comparisons, DCF and sensitivity analysis — from Handysize to Capesize.
Segments we cover
Handysize
25–40k dwtGeared, flexible tonnage for minor bulks and restricted ports. We focus on age profile, fuel efficiency and replacement cost.
Handymax / Supramax
45–58k dwtVersatile geared ships in grains, steel and fertilisers. Valuation reflects regional earnings spreads and fleet age.
Ultramax
60–65k dwtThe modern geared benchmark. Analysis covers eco premiums, Japanese versus Chinese build quality and resale values.
Kamsarmax
80–85k dwtGearless trades in grain and coal, anchored by the South American export season. We model seasonality and period-rate cover.
Capesize
170–210k dwtIron ore and bauxite long-haul trades. Cash-flow work tests commodity demand, voyage distances and alternative fleet supply assumptions.
How we work on dry bulk mandates
Vessel acquisition & sale
Sourcing, valuation, technical and commercial due diligence, and negotiation for secondhand and resale bulk carriers.
Dry bulk finance
Arranging financing for second-hand bulk carrier acquisitions and newbuilding projects, and comparing sale-and-leaseback, bank and alternative debt with capital structure and covenant analysis under different dry bulk freight scenarios. Vectra acts as arranger and adviser, not a lender of its own capital; financing is not guaranteed.
Investment analysis
DCF valuation, BDI and period-rate scenarios, commodity demand drivers and residual-value analysis for investment committees.
Portfolio strategy
Segment allocation, fleet renewal and exit timing across the dry bulk cycle.
How an engagement runs
- 01
Introductory call
A confidential, no-obligation discussion of your objectives, target segments and constraints.
- 02
Scope & proposal
We define the mandate — acquisition, financing or valuation — and agree deliverables, timeline and terms in writing.
- 03
Analysis & execution
Market studies, DCF modelling, asset screening, due diligence and negotiation, with regular desk updates throughout.
- 04
Delivery & review
Committee-ready documentation and a closing review, with ongoing access to the desk afterwards.
Frequently asked questions
Which bulk carrier sizes do you cover?
Handysize, Handymax/Supramax, Ultramax, Kamsarmax and Capesize, from geared minor-bulk tonnage to Capesize iron-ore carriers.
Can you help finance a bulk carrier acquisition?
Yes. We advise on sale-leasebacks, bank and alternative debt and capital structures matched to the volatility of dry bulk freight.
What goes into a dry bulk valuation?
DCF valuation, BDI and period-rate scenarios, commodity demand drivers and residual-value analysis, prepared for investment committees.
How does an engagement start?
With a confidential, no-obligation introductory call about your objectives, target segments and constraints. If there is a fit, we agree scope, deliverables, timeline and terms in writing before work begins.
Is the enquiry confidential?
Yes. Enquiries go to Vectra Maritime’s existing enquiry address and are handled in confidence by the firm’s principals.
Have a dry bulk acquisition, financing or valuation mandate in mind?
Start a confidential enquiry