Western Bulk Charter AS

May 27, 2016

Enter into a contract with StormGeo

Western Bulk Chartering AS ("WB Chartering") enter into contract with the Shipping Division of StormGeo.

StormGeo will provide continuous monitoring and communication 24/7 for Western Bulk with its Optimum Ship Routing service with operation support; USA, Asia and Europe.
“At Western Bulk, we aim to further develop our position as one of the world’s leading operators of medium-sized dry bulk vessels. We seek to continue to optimize our operations with a moderate risk profile. By constantly refining our advanced risk management systems we ensure that we adapt to a continuously changing market environment in a controlled manner. A long term collaboration with weather routing service StormGeo is yet another step in direction of improving our unique business model based on scalable and asset-light operations, with extensive use of optionality in our trading activities. With expertise from StormGeo, WB will ensure that vessels use the optimal route and minimum fuel on any given route by reducing the impact of weather delays during any given voyage.” Jan Hendrik Witt, Operations Manager, Pacific. 


StormGeo visiting Western Bulk's Oslo office

“Weather plays a critical role both from a safety as well as a performance perspective. Looking ahead, partnering with WB will provide StormGeo unique position with one of the world’s leading operators of medium-sized dry bulk vessels to both optimize and develop out solutions in the market place for Dry Bulk operators globally ” Petty Leung, Managing Director StormGeo Shipping (Hong Kong) Ltd.
As the Shipping Division of the Norwegian based StormGeo Group, the draw of resources in the combined group, specializing in decision support for weather sensitive operations is great. Operating out of 25 offices in 15 countries the StormGeo Group is the trusted partner for companies who require decision support for weather sensitive operations. StormGeo leads the industry with 60,000 ship voyages routed annually, award winning fleet management tools and more than 6,000 ships using its BVS onboard route optimization system.

Western Bulk Chartering and its subsidiaries operate a fleet of around 150 chartered-in vessels, transporting cargoes for its customers world-wide. Western Bulk Chartering AS was sold to Kistefos Equity Operations AS in February 2016, and has since then been operating as a stand-alone group of companies.