2011 Annual Report – Read about the Annual Report here

News

2010 Annual Report

For the year ending 31. December 2010 Western Bulk achieved a Profit Before Tax of USD 24.3 million (2009: USD 26.8 million). The underlying trading result (Net T/C Result) ended at USD 68.1 million, up from USD 51.3 million in 2009. The operated fleet continued to grow, averaging 95 vessels over the year

At the same time Western Bulk continued to expand its ship owning activities, adding 6 new vessels through both joint venture ownership and long term time charter structures with purchase options.

 

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

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