German shipping companies Peter Döhle Schiffahrts-KG and Reederei NORD GmbH have decided to establish a new Handysize bulker pool.

Expected to commence operations on July 1, 2018, the new venture will be called Hanseatic Unity Handysize Pool – HUHP.

Initially, Peter Döhle will bring seven Green Dolphin-type ships into the pool with another eleven Emerald Mark I, Mark II and Green Dolphin types from Reederei Nord.

The duo said that the Handysize vessels in HUHP will be commercially managed from Hamburg and Singapore where each location is focusing on the respective basin.

“The HUHP will provide exclusive pool services for the Handysize vessels of their founding partners and other third-party customers,” according to the two companies.

As informed, the venture is still subject to merger-control clearance.

Reederei NORD is also partner in Hanseatic Unity Chartering where the container vessels and larger bulkers are commercially managed. Currently, NORD runs a fleet of 56 containerships, bulkers and tankers.

Peter Döhle is commercially managing its container chartering business through a joint venture with Costamare styled Blue Net Chartering for the bigger container vessels and via Ernst Russ Shipbroker for the smaller segments. Döhle currently manages around 450 vessels.