Western Bulk: We don't have any real competitors

Norwegian dry bulk carrier Western Bulk feels entirely different than its competitors, as the carrier is not weighed down by tonnage. Instead, the company describes itself as asset light.

Photo: Foto: Western Bulk

Western Bulk has big plans for the future and the carrier received fresh capital in 2013 when it performed an IPO on the Oslo Stock Exchange. The plans can be realized because the carrier has a strategy aimed at being asset light, according to the company's own convictions, CEO Jens Ismar tells ShippingWatch.

"We'll pretty much continue to do what we're already doing, that is, we'll continue as operators. This sets us apart from our colleagues and competitors, and it enables us to follow our growth plan, strengthen our fleet, and secure more capital," says Jens Ismar.

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