Bulk

Wedell-Wedellsborg and Sohmen-Pao invest in new dry bulk platform

With the backing of two new investors, BW Dry Cargo ceases to exist as a dry bulk operator and re-emerges as a platform that aims to connect customers and shipowners. Each ship must pass a "green test".
"A good investment is about matching the right idea with the right people, and that's exactly what we've done with Copenhagen Commercial Platform," says Johan Wedell-Wedellsborg about the investment. | Photo: Flindt Mogens/Ritzau Scanpix
"A good investment is about matching the right idea with the right people, and that's exactly what we've done with Copenhagen Commercial Platform," says Johan Wedell-Wedellsborg about the investment. | Photo: Flindt Mogens/Ritzau Scanpix
by TOMAS KRISTIANSEN

During Easter, BW Dry Cargo ceased to exist as an operator within the dry bulk segment in the form known to the market since 2016, and has instead been transformed into a platform on which customers such as large commodity traders and shipping companies can meet and enter contracts.

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