Strengths and Capabilities

Human Capital, Agility & Flexibility, Reliability and Risk Management
are among our key strengths and capabilities.

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Dry Bulk Shipping

Experience worldwide since 1982

We are a leading dry bulk shipping company with a commercially
controlled fleet of 125 ships (2016 average). Our local knowledge is the key to
ensure a safe and reliable service to our customers worldwide.

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Risk Management

An integral part of Western Bulk’s corporate DNA

More than just a set of theoretical models, reports and administrative
procedures, risk management has become a way of thinking and
a pivotal component of our culture.

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Western Bulk is a global dry bulk operator, owned by about 250 shareholders. The Kistefos Group (www.kistefos.no) is the largest shareholder, controlling about 75% of the shares.

Dry Bulk since 1982

Western Bulk is a global dry bulk operator with an untraditional business model; asset light, trading-oriented and decentralised, with risk management as a key component of our DNA.

Maritime Trainee Programme

Maritime Trainee Programme

Western Bulk Chartering is always looking for young, hard-working and ambitious candidates to fill positions around the world. We recruit trainees mainly through the Maritime Trainee programme.

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History

The Western Bulk History

The history of Western Bulk starts in 1982, when the business was established under the names Western Bulk Shipping and Western Bulk Carriers.

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Strategy

Strategy

We aim to further develop our position as one of the world’s leading operators of medium-sized dry bulk vessels.

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Western Bulk

Email and IT-related Fraud Alert

There is an increasing risk of attempted fraud and other security threats via email. In particular, Western Bulk has noticed an increase of fraudulent requests to change bank account details of suppliers/creditors, in an attempt to redirect payments to criminals and not to the intended recipient. We encourage everyone to be vigilant and learn to detect fraudulent email instructions - seemingly legitimate emails may contain fraudulent information, this is not just a cybersecurity matter.

As a result, Western Bulk will treat any notice of bank account changes as suspicious. Urgent pressure to effect payment as soon as possible without verification of the changes will also be treated as suspicious.

Please note that Western Bulk would not inform of changes to bank account details by email notice alone. In the unlikely event that we need to change a beneficiary name or our other bank account details, we would personally contact our supplier or customer in order to personally verify any change in details.

Similarly, we ask that all our suppliers and creditors:

1. first notify us in writing and
2. personally verify any change in bank details or change in beneficiary in any payment advice to Western Bulk.

In summary, notices of bank account changes will require voice confirmation from your Western Bulk contact, either by telephone or face to face, before payment can be authorised so please make sure to notify any changes in good time.