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BW Dry Cargo buys seventh ship in six months

Six months after its startup, BW Dry Cargo, headed by CEO Christian Bonfils, has just purchased its seventh vessel and expanded staff at the Danish headquarters. The goal is to buy more vessels built in Japan, but prices have started going up, Bonfils tells ShippingWatch.

This is the plan for newly established BW Dry Cargo

A new dry bulk carrier in 2016? This was likely the question on most minds when BW Group on Wednesday announced its plans to establish BW Dry Cargo. Here, CEO Christian Bonfils answers the most pertinent questions, including what the plan is for the new carrier.

BW Group establishes dry bulk company

Singapore-based BW Group is now entering dry bulk with new unit BW Dry Cargo. Former Nordic Bulk Carriers CEO Christian Bonfils will head the carrier from Copenhagen.

"I had to get away and shut down"

Following his departure from Nordic Bulk Carriers, Christian Bonfils made a promise to himself, allowing him to ensure that his next career move was just right, he tells ShippingWatch.

Nordic Bulk: US-based owner strengthens foundation

US-based Pangea Logistics Solutions acquired full ownership of Nordic Bulk Carriers in August. A long-awaited plan that creates a solid basis for the carrier, CEO Mads Boye Petersen tells ShippingWatch.

Nordic Bulk Carriers lost USD 5.2 million and its equity

Arctic specialist Nordic Bulk Carriers lost its equity in 2014, which by the end of the year came to negative of USD 3.9 million. But the owners will provide the necessary liquidity and has secured the cash resources as a minimum until January first, 2016.

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