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Norwegian carriers investing big in bulk

Norwegian shipowners have been actively buying bulk vessels in 2017. According to VesselsValue, they have thus far bought 36 bulk vessels this year, reports Finansavisen.

Photo: Modelfoto/Colourbox

Norwegian carriers have invested heavily in bulk over 2017 and have thus far bought 36 new bulk vessels to a total value of USD 729 million, show figures from VesselsValue, according to Norwegian media Finansavisen.

Golden Ocean, owned by shipping magnate John Fredriksen, and Songa Bulk, led by Arne Blystad as CEO, top the list of companies buying up bulk vessels, with 14 and 13 ships, respectively, according to Finansavisen. A further six companies been buying vessels this year, reports Vesselsvalue.

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