Western Bulk

Board of Directors

Åge Korsvold
(1946)

Chairman of the Board



Mr. Korsvold was elected to the board in 2002, and to the position as Chairman in 2003. He is the Chief Executive Officer at Kistefos AS. He has previously been CEO of Storebrand ASA and prior to that worked as a financial advisor at Procorp ASA and Fondsfinans. Mr. Korsvold has a MBA degree from Wharton School.

Lars Erling Krogh
(1965)

Member of the Board



Prior to joining Kistefos in 2004, Mr. Krogh was a Partner at the Norwegian venture capital firm Convexa. His previous experience includes investment banking experiences with ABN AMRO Bank and NatWest Markets, where he conducted several capital markets transactions and IPO’s for telecommmunications and media companies. Mr. Krogh holds a Bachlor of Arts (Hons) degree in Political Science and Economics from Boston University.

Rolf Svein Skaarberg
(1944)

Member of the Board



Prior to joining Kistefos, Skaarberg worked as an independent management and financial advisor. He holds a degree from the Norwegian School of Business and Administration (NHH) and an MBA from L’Institut Européen d’Administration des Affaires (INSEAD) in Fontainebleau, France. He served with McKinsey & Co., and has subsequently held several top level positions in Norwegian shipping and offshore companies.

Rolf A. Wikborg
(1958)

Member of the Board



Rolf A. Wikborg is Managing Director of AMA Norway AS and Director of AMA Capital Partners in New York, a merchant banking firm where he worked for 16 years. Mr. Wikborg is a Director of NYSE listed DHT Maritime and advisor to Kuwait Finance House. He holds a B.Sc.(Hons.) in Management Sciences at UMIST and MIC in marine law and marine insurance law.

Sven Ombudstvedt
(1966)

Member of the Board



Sven Ombudstvedt is the CEO of the Norwegian based, global publication paper manufacturer Norske Skog. He was head of Yara’s upstream activities from 2003 to 2006, and CFO from 2006 to 2008. From 1991 to 2001, he worked for Norsk Hydro, in various commercial positions. He was head of Norsk Hydro’s corporate strategy unit from 2002 to 2003. Ombudstvedt holds a bachelor’s degree in business administration from Pacific Lutheran University and a master’s degree in international management from Thunderbird.

We ship dry bulk commodities reliably worldwide

Dry bulk shipping


We are a leading dry bulk shipping company with a commercially controlled fleet of over 90 ships. Western Bulk AS was established... — Read more

Dry bulk shipping


We are a leading dry bulk shipping company with a commercially controlled fleet of over 90 ships. Western Bulk AS was established in 1982 and is a dry bulk operator in the Handysize to Supramax segment (30-60,000 dwt), offering reliable, high-quality dry bulk transport solutions to customers worldwide. We are approachable, risk aware, and take a responsive… — Read more

Worldwide – Local presence


We are a global shipping company with seven Business Units located in Oslo, Singapore, Seattle and Santiago (Chile). We strongly believe... — Read more

Worldwide – Local presence


We are a global shipping company with seven business units located in Oslo, Singapore, Seattle and Santiago (Chile). We strongly believe that by having hands-on, local knowledge we are better able to service the needs of our industrial clients. Our presence in key locations enables us to follow the local and regional market trends in an efficient way, … — Read more

Managing risk


Risk Management is an integral part of Western Bulk’s corporate DNA. More than just a set of theoretical models, reports and... — Read more

Managing Risk


Risk Management is an integral part of Western Bulk’s corporate DNA. More than just a set of theoretical models, reports and administrative procedures, risk management has become a way of thinking and a pivotal component of our culture. We constantly re-think our business, challenge our methods, refine our tools and systems, and adapt to any significant changes… — Read more

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