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Western Bulk Expands Fleet with Strategic Vessel Acquisition

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Western Bulk Expands Fleet with Strategic Vessel Acquisition

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Western Bulk Chartering AS ( (DE:7EJ) ) just unveiled an update.

Western Bulk Chartering, in collaboration with Norwegian partners, has acquired the vessel MV CSSC Shi Jia Zhuang, which will be renamed Western Egda. This acquisition marks Western Bulk’s re-entry into ship ownership, allowing the vessel to benefit from the company’s global commercial platform. The company plans to expand its co-investment and commercial management activities, leveraging its extensive network and data-driven insights to enhance vessel performance and stakeholder value.

More about Western Bulk Chartering AS

Western Bulk Chartering is a global dry bulk operator and derivatives trader registered on Euronext Growth in Oslo. The company combines maritime knowledge with trading expertise, utilizing advanced risk management and market analytics to optimize fleet deployment and vessel-cargo matching, offering tailor-made solutions for their customers.

Average Trading Volume: 12,661

Current Market Cap: NOK549.7M

Learn more about 7EJ stock on TipRanks’ Stock Analysis page.

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