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Cetus Maritime

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CETUS MARITIME

EXPERT SHIPPING, FROM EAST TO WEST

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CETUS MARITIME

I PROFILE

Chief Commercial Officer Jens von Husen

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Born from a merger between Asia Maritime Pacific and Hamburg Bulk Carriers, Cetus Maritime brings a new strength to the dry bulk shipping sector. The Hong Kong-based company currently has 40 vessels. Chief Commercial Officer Jens von Husen shared the company’s story and its strong plans for fleet renewal. Report by Imogen Ward and Phil Nicholls.

T

he creation of Cetus Maritime at the end of 2022 arose from a joint project between Asia Maritime Pacific

and Hamburg Bulk Carriers. The resulting close collaboration of executives from the two companies was just the first step in a longer journey. “That project was how we got to know each other,” Chief Commercial Officer Jens von Husen explained. “This is how shipping works, it's all about the chemistry between people. I am a strong believer in people, and this is a people business. “HBC had plenty of operating expertise, while the team from AMP probably had a little more owning expertise; but the merger made sense. All the people involved liked each other and there has been a good understanding from day one. All those factors made the merger much easier.” Alongside the office in Hong Kong, the company also has representatives in Shanghai, Singapore, Manila, Tokyo, Melbourne, Hamburg and Austin. The name Cetus Maritime draws on many concepts that are important to the

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CETUS MARITIME

I PROFILE

company: as a water constellation, Cetus

This is especially true for those projects

represents the history of ocean naviga-

which will help mould Cetus Maritime into

tion. The image of Cetus as the whale also

an agile organisation able to face the chal-

reminds the team of the broader ocean

lenges of the evolving shipping industry.

environment, as well as its responsibilities to that environment.

As an example of this strategy, in August 2023 Cetus Maritime entered into a partnership with Yangzijiang Financial.

Sailing forth

This is a leading cross-border investment

As a very young company, Cetus

manager in Asia, with Singapore and the

Maritime is at the start of its voyage.

PRC as core markets. Yangzijiang

The management team is open to the

Financial is focused on long-term value

possibility of additional joint ventures or

creation, making it an ideal partner for

acquisitions in the future of the company.

Cetus Maritime on its ongoing project

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of replacing older, smaller vessels with

sent state of the shipping industry. “The

a young handysize fleet.

market is currently seeing a new trading

In the short-term, the key concern at

pattern,” Mr von Husen continued. “So,

Cetus Maritime is fleet renewal, according

everybody is a little cautious; and rightly

to Mr von Husen: “We intend to grow

so, if we look at the global economy.

alongside the market and when the time

“Global logistics are changing. The

is right, increase our fleet to around 50

market is not at full steam capacity wise,

or 60 vessels, then take on more cargo-

there are still a lot of delays in ports and

based contracts.

at the Panama Canal. Shipping needs a

“This will help us achieve our goal of becoming one of the top five global players in the industry.”

little bit of a bridging period, where the industry has a reset.” Cetus Maritime is applying the team’s

One further point of consideration for

collective knowledge to understand this

the Cetus fleet renewal programme is the

bridging process and build up the com-

issue of propulsion within shipping. Once

pany to thrive in the emerging industry.

a clear form of sustainable fuel has

Alongside the challenges of the global

emerged, then Cetus is ready to commit

market, Cetus Maritime is also working

and be part of the process of change

to recruit the right personnel package

within the industry.

to grow with the company. The traits of Cetus Maritime should

State of play

make this recruitment process much

The team at Cetus Maritime is eager to

easier, according to Mr von Husen: “We

push forward with these expansion plans,

are still a young company, and we are

but there is also an awareness of the pre-

still in the building phase for our teams.

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CETUS MARITIME

I PROFILE

This means we can offer exciting career prospects to young people. I think the way we want to grow Cetus offers the team a good future, and this potential is a core part of our recruitment strategy.” In order to help build a pool of talent within the industry, Cetus Maritime plans to participate in apprenticeship schemes from 2024 onwards, notably in Germany. This dedication to nurturing enthusiastic youngsters will ensure a healthy future for the shipping sector. Indeed, within Cetus Maritime there is a great belief in the merits of education, with a dedicated in-house training programme. “We always like our people to be up to date, because that makes the

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day-to-day business easier,”

This proved to be a popular project around

said Mr von Husen. “This is

the office, as well as an opportunity to

another way in which we look

support a worthy cause.

after our team. At the end of the

“I believe that it is important to partici-

day, the people are what makes

pate wherever you can be of help and

a business.”

assistance,” Mr von Husen said. “I always say that in life, whatever you give, you

A growing team spirit

will get back. So I think it's only fair that

The motivated and experienced team at

we support people who need help. It is

Cetus Maritime is a core part of what sets

this spirit that makes for a healthy

the young company apart from the com-

working atmosphere at Cetus. Having

petition. “As a team, we are ready to rock

good colleagues with a good under-

and roll, so to speak,” Mr von Husen

standing of the business makes coming

explained. “Cetus Maritime is focusing

to the office such a pleasure for me.”

on a certain size of vessel, mainly the

It is this highly motivated team that

handysize and the handymax. As we

will build a promising future for Cetus

grow, we are dedicated to becoming

Maritime. “Shipping is an industry that is

a good partner within the industry.”

changing all the time,” Mr von Husen said,

As part of Cetus Maritime’s goal of being

in conclusion. “That's probably also what

a supportive partner to the broader ship-

makes shipping so unique, and such an

ping industry, the team has been involved

attractive challenge. I am lucky to be

in community action by supporting partici-

working in an industry that will never

pants in the seafarer’s hiking challenge.

become boring.”

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