Western Bulk

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Western Bulk ASA
Type Subsidiary
Founded 1982
Headquarters Oslo, Norway
Area served Global
Key people Trygve P. Munthe (CEO)
Åge Korsvold (Chairman)
Revenue USD 832 million (2007)
Operating income USD 54 million (2007)
Profit USD 50.9 million (2007)
Parent Kistefos
Website westernbulk.no

Western Bulk is a dry bulk shipping company based in Oslo, Norway. A subsidiary of Kistefos, the company manages 60 handymax vessels.

[edit] History

The company was founded in 1982, and between 1993 and 2001 the company was listed on the Oslo Stock Exchange. In 2006 the company was taken fully over by the controlling company Kistefos.