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Sterling Shipping CEO on new dry bulk venture: "We're a small fry"

Christopher Fjeld founded Sterling Shipping with no prior experience in the segment. Now he hopes that the upturn in dry bulk will lead to financial returns. The key is a simple strategy, says the Sterling Shipping CEO who has shelled out NOK 311 million for new ships in the fleet.

Photo: Sterling Shipping

Norwegian Christopher Fjeld moved from Stockholm, Sweden, to Malta a few years ago. This was where Sterling Shipping came into being. He is hardly the first to set up a dry bulk operator, but what makes Fjeld stand out is that he took a plunge into the shipping business without any prior experience in the industry.

So far has Sterling Shipping invested USD 36 million - amounting to 311 million Norwegian kroner - in its fleet.

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