The major Norwegian dry bulk carrier Western Bulk can conclude that 2014 has been a big disappointment and represents the lowest point for the carrier since 2009, CEO Jens Ismar tells ShippingWatch. Now he is also forced to downgrade expectations for 2015.
BY TOMAS KRISTIANSEN
2014 became a five-year low for the major Norwegian dry bulk carrier Western Bulk, and now the company is also forced to lower its expectations for next year, Western Bulk CEO Jens Ismar tells ShippingWatch.
The EU’s import ban on Russian oil will create ”imbalance” and ”spikes” in the bunker market, with disruptions seen lasting for ”at least the whole of 2023,” says Anders Grønborg, new chief exec of KPI Oceanconnect.