Songa Bulk turns focus to earnings after fleet expansion

Songa Bulk is now turning focus toward growing earnings after boosting its fleet size to 15 dry bulk vessels, says the company in its annual report.

Photo: Songa Bulk

Herman Billung's and Arne Blystad's shipping company Songa Bulk has spent the past year building its fleet. With a size that now totals 15 vessels, the company now turns its main focus to strengthening earnings rather than buying new vessels, informs the carrier in its annual report.

CEO Billung established the company together with Blystad in the fall of 2016.

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