M2M has developed a proprietary ship-evaluation model based on its extensive experience in commercial operations. A basket of representative routes is used to capture the dynamics of the Panamax freight market – essentially, how large, fast and efficient each vessel is – producing a benchmark against which all vessels are assessed.

The Points system is derived from a 10 year historical trading basis, ensuring the fairest and most representative system, and are reviewed periodically to account for actual vessel performance and varying bunker pricing.

All owners will have a clear understanding of the points calculation both for their own ships, and all the ships in the pool.