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BW Dry Cargo's fleet grows to 20 ships

BW Group's bulk venture BW Dry Cargo will have a fleet of 20 ships when the last newbuilds are delivered from an order of nine ships in total. Asset play is the core of the business now and going forward, Managing Director Christian Bonfils tells ShippingWatch.

BW Dry Cargos Christian Bonfils. | Photo: PR-foto

Christian Bonfils has hired just four employees at BW Dry Cargo. And he does not see a need for much more than that, even if the fleet keeps growing. At least not for now.

The small group of employees do commercial management of the ships on behalf of the owner in Singapore, technical management is outsourced to a third party, and the administrative work is handled by BW Group in Singapore.

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