
ShippingWatch has corrected the first header saying "Western Bulk casts doubt on own survival". A more precise headline is "Bulk Invest casts doubt on own survival". Bulk Invest is the company name today as both Western Bulk ASA and Western Bulk Shipholding have been renamed Bulk Invest.
The future of Norwegian dry bulk carrier Western Bulk's continuing unit, Bulk Invest, is hanging in threads after the carrier's primary shareholder, business man Christen Sveaas' investment unit Kistefos, withdraws part of its support to the company.
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