Bulk

Songa Bulk CEO anticipates even higher ship values in bulk

With increasing ship values in bulk, the timing for Songa Bulk's fleet sale is good. However, values on vessels could rise even higher, says Songa Bulk CEO Herman Billung to ShippingWatch.
Photo: Marine Money
Photo: Marine Money
by KATRINE GRØNVALD RAUN, SØREN PICO

There are strong indications that Arne Blystad and Herman Billung made the right choice when they began their investments in bulk vessels with Songa Bulk two years ago. Looking at the development in ship values on the bulk market, things have only gone one way, which is up.

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