Western Bulk Chartering reduces deficit

Western Bulk Chartering's business has been drastically reduced compared to previous years, following the parent company's bankruptcy in early 2016. But things are slowly starting to shape up for the bulk company. Investigations into the parent company's bankruptcy are now finished.

by LOUISE VOGDRUP-SCHMIDT

Norwegian dry bulk company Western Bulk Chartering, owned 74 percent by Kistefos, is a shadow of its former self after parent company Bulk Invest went bankrupt earlier this year.

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