Weco Group establishing bulker company

On May 1st, Weco Group opens a bulk division based in Rungsted, Denmark. With a short period of time, the plan is for the company to have ten ships on short- and long term charter and, in time, the new bulker plans to buy its own ships.

The idea is far from new, but now it becomes a reality. Starting May 1st, Weco Group enters the dry bulk market with the new division Weco Bulk A/S, says Johan Wedell-Wedellsborg, Chairman of the Weco Group companies, including shipping company Dannebrog, which owns Stena Weco together with Stena.

"We've been playing with the thought for a long time, and we've working on it specifically for the past two months. It's a natural branch from all the other stuff we're doing. We already have general cargo, and we've looked at bulk shipping many times, as it often collides with the same cargos. We have some customers who need this, and maybe we can help them with this in the future," he says.

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