Dry bulk shipping
We are a leading dry bulk shipping company with a commercially controlled fleet of over 120 ships. Western Bulk AS was established in 1982... — Read more
Western Bulk AS (through a 100% owned subsidiary) has since late 2009 made investments in Dry Bulk tonnage.
We aim to secure a core fleet of Handysize, Supramax and Panamax vessels less than 5-6 year old. The preferred vessels sizes are between 28-37,000 dwt (Handymax) , 52-64,000 dwt (Supramax) and 74-82,000dwt (Panamax). Our target is to own/control a fleet of 15-20 vessels.
Our preference is to do 3-10 years TC/BB structures with purchase options and to secure vessels on our own or in partnerships with equity investors, banks, shipowners and technical managers.
Shipowning now comprises of the following 16 owned/long term controlled vessels:
Western Oslo: IHI Japan; 56,000dwt; Feb 2008 built Supramax BB
Western Stavanger: Zhenjiang China; 32,500dwt; Aug 2010 built Handysize
Western Wilton: Dayang China; 58,000dwt (Crown 58) April 2011 built Supramax
Western Moscow: Dayang China; 58,000dwt (Crown 58) October 2011 built Supramax
Western Texas: Dayang China; 58,000dwt (Crown 58) December 2011 built Supramax
Western Kobe: Kawasaki HI Japan; 58,000dwt; July 2012 built Supramax TC
Western Tokyo: IHI Japan; 56,000dwt; June 2012 built Supramax TC
Western Ehime: Tsuneishi Cebu; 58,000dwt; October 2012 built Supramax TC
Maine Dream: Tsuneishi Cebu; 58,000dwt; March 2012 built Supramax TC
Seven Japanese Long Term TC leases with purchase options. Five Supramax and two Handysize to be delivered in 2014 and 2015 from Japanese yards.



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