A shipping pool is a group of similar
merchant vessel
A merchant ship, merchant vessel, trading vessel, or merchantman is a watercraft that transports cargo or carries passengers for hire. This is in contrast to pleasure craft, which are used for personal recreation, and naval ships, which are ...
s that are grouped together for
administrative
Administration may refer to:
Management of organizations
* Management, the act of directing people towards accomplishing a goal
** Administrative Assistant, traditionally known as a Secretary, or also known as an administrative officer, administ ...
purposes. Their earnings are pooled and distributed to the vessel owners according to a prearranged agreement.
Shipping pools
*A/S Bulkhandling (established during the 1960s)
*NOROBO (established 1984)
*NPC/Norwegian Pipecarriers (established 1989)
Shipping pools in various ship types
Shipping pools are very popular among tanker vessels but not so much in dry bulk vessels.
"Evaluating the efficacy of shipping pools : an empirical analysis of
tanker and dry bulk segments"
by Ashraf Mahmud, 2023
References
Merchant navy
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