Western Bulk Chartering AS (WEST.OL)
Western Bulk Chartering AS operates in the Marine Shipping industry of the Industrials sector, headquartered in Oslo, PS, NO. The stock last traded at $22.40, down 2.61% on the session, giving a market capitalisation of $753.1M. Its beta of 0.94 implies it has historically moved less than the broad market.
Western Bulk Chartering AS, alongside its affiliated entities, operates as a specialized dry bulk shipping enterprise. The company engages in the chartering and operation of dry bulk carriers, facilitating the worldwide movement of a wide array of commodities including minerals, timber, cement, bauxite, steel goods, grains, and coal. Its active fleet comprises between 110 and 150 vessels, all sourced through charter agreements, incorporating both short-term voyage charters and longer-term period charters. With operations spanning key global regions such as the Far East, Europe, India, North America, South America, Africa, and the Middle East, the firm demonstrates a broad geographical reach. Established in 1982, its corporate headquarters are located in Oslo, Norway. Kistefos AS is the parent company of Western Bulk Chartering AS.
Western Bulk Chartering AS is most often compared with the following Industrials names: