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 100 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 100 ships. Western Bulk AS was established in 1982 and is a dry bulk operator in the Handysize to Supramax segment (30-64,000 dwt), offering reliable, high-quality dry bulk transport solutions to customers worldwide. We are approachable, risk aware, and take a responsive… — Read more

Worldwide

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

Worldwide

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 — Read more

Knut J. Krogsrud

General Manager Shipowning

T: +47 2313 3411

M: +47 922 22 269

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Shipowning

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 and Supramax vessels less than 5-6 year old. The preferred Handysize vessels are between 28-37,000 dwt and the preferred Supramax vessels are between 52-64,000 dwt. Our target is to own/control a fleet of 10-20 vessels.

Our preference is to do 3-12 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 11 owned/long term controlled vessels:

Western Oslo: IHI Japan; 56,000dwt; Feb 2008 built Supramax

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

Six Japanese Long Term TC leases with purchase options. Four Supramax and two Handysize to be delivered 2012-2015 from Japanese yards.

Rory Cunningham

Manager - Technical

T: +65 6622 0322

M: +65 9296 0066

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