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.

We work continuously to ensure a steady flow of knowledge and learning within our organization. We recruit new talents and largely seek to develop our people internally. Gradually, we have built a solid base of highly skilled employees, who are one of the main reasons for Western Bulk's success.

We believe in the strength of empowerment, and have chosen to build our activity on a flat and decentralised organisational structure. Decision-making authority is pushed as far down into the organisation as possible, facilitating quicker and better decisions and strengthening accountability.

For this to work we work to foster close relationships between business units, and to ensure a seamless and constant flow of information between the units. This fuels cross-department learning and enables easy access to valuable market information.

A decentralized decision-making structure builds a good team spirit and a co-operative culture, and it gives our employees a higher degree of authority and responsibility. Altogether this increases ownership to decisions while reducing time spent on decision-making. The on-going interaction between our highly talented individuals, strong teams and well-organized business units is a key success factor for our Company.

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.