29/02/2016at 11:28

Bulk Invest has claims of USD 250 million

Suffering Norwegian dry bulk carrier, Bulk Invest - formerly Western Bulk - is openly assessing the consequences of a bankruptcy. Claims come to no less than USD 250 million. "We have a few weeks to find a solution," management writes.

BY TOMAS KRISTIANSEN

The life-threatening crisis at the major Norwegian dry bulk carrier, Bulk Invest - formerly Western Bulk - has been obvious for several months, and so it comes as no surprise that the carrier has released a negative annual report for the full year 2015.

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