2012 Annual Report – Read about the report here

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 and is a dry bulk operator and owner in the Handysize, Supramax and Panamax segment (30-75,000 dwt), offering reliable, high-quality dry bulk transport solutions to customers worldwide.

We are risk aware, approachable, and take a responsive approach to changes in the market. Our risk profile is low to moderate, and we maintain contract coverage of more than 90% for our forward book. Historically, we have had commercial control of 55-60 vessels. With an average fleet size of more than 100 vessels in 2011 and more than 120 vessels in 2012, we are expanding our operations throughout our eight Business Units.

Western Bulk has long term strategic relationships with large industrial companies and a highly diversified customer base.

We strive to deliver the highest standard of service through persistent focus on quality, safety, flexibility and reliability. Through this we seek to further build on existing long term relations with strategic partners and to attract new industrial clients.

In 2011, we carried 32 million tons of dry cargo, such as mineral products, coal, fertilizers, grains, parcels of steel and timber, had 1,040 voyages and 3,800 port calls.
COA pie chart

Worldwide

We are a global shipping company with eight Business Units located in Oslo, Singapore, Seattle, Santiago and Monaco. We strongly believe... — Read more

Worldwide


We are a global shipping company with eight Business Units located in Oslo, Singapore, Seattle, Santiago and Monaco. 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

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