Javelin is a significant bulk shipper through our underlying commodities business. We aggregate our combined flows to benefit from economies of scale while arbitraging opportunities across vessel size and geographical locations to maximise value.
Javelin chartered 80 different vessels in 2016 moving commodities in both Atlantic and Pacific basins
We chartered 7 different types of vessels including Capesize, Baby Cape and Panamax vessels for cross-ocean voyages
We chartered 80 vessels including smaller inter coastal ships for logistically challenged areas such as Handymaxes and Supermaxes
Javelin has a sophisticated operational management team that is able to manage both voyage and time chartering for the smallest of coastal vessels to the largest capesize vessel.
Javelin primarily uses freight to transport our natural underlying bulk commodity flows. As a significant dry bulk shipper, we have access to physical shipping and use our low cost financial freight derivative lines to support and hedge our freight flows. We are also able to offer the same physical and financial hedging capabilities to stand alone freight owners and consumers.
With our long-term dedicated dry bulk commodity flows, Javelin is able to offer ship owners and financiers opportunities for long-term charters. As such, ship owners and financiers are able to place ships under long-term time charter to support development of new ships or acquisitions of operating ships. These activities are focused mainly in the Capesized and Panamax dry bulk sectors.
With sizeable, repeatable flows from certain ports, Javelin offers consumers and producers vessel flow sharing as well as long term subletting, giving the benefit of natural inbound traffic to certain export points. We also can enhance shipping economics by building up flows into larger size vessels through top-off capabilities. This cuts costs on the larger standard routes.
We have also entered into full outsourcing structures. This allows producers to ship direct to clients at destination, removing the need for large operational and execution teams.