News

Alterna Capital Partners and Western Bulk in Joint Venture

Western Bulk will be the managing partner and the plan is to invest in at least 4 vessels – both new buildings and/or trading vessels.

The joint venture has already committed to two 58.000 dwt new buildings at Sino Pacific, Dayang shipyard for delivery March and October 2011.

 


at a time in the cycle we believe is interesting. We believe this JV with Alterna is strategically very exciting and offers an interesting opportunity for both parties working together to create value in the very interesting dry bulk market. It is also very important to Western Bulk in our effort to create a long term tonnage and cargo portfolio.

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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