Strengths and Capabilities

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

Human Capital

Human Capital

Our people are a crucial resource to us. Our staff represent the key competence and mindset of Western Bulk, and they are our most valuable asset.

Risk Management

Risk Management

Risk management is an essential part of Western Bulk’s DNA. It is fundamental in all our operations.

Flexibility and Optionality

Flexibility and Optionality

Flexibility and optionality are key drivers in Western Bulk's business model. Our decentralized organization empowers our business units with a high degree of autonomy, who can turn around and make decisions quickly.

Customer Relationships

Customer Relationships

Relationships are crucial for our business. We depend on our customers and tonnage providers to maintain and develop our large and diversified trading pattern, and we are always working hard to strengthen and grow our customer base. Our goal is to be your first choice when you are looking for a dry bulk operator.

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.