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'''Masterbulk Private Limited''' is a [[shipping company]] which was established in Singapore in July 1995 following a major spin off from Westfal-Larsen & Co A/S in Bergen, Norway.
'''Masterbulk Private Limited''' is a [[shipping company]] which was established in Singapore in July 1995 following a major spin off from Westfal-Larsen & Co A/S in Bergen, Norway.<ref name=Seatrade>{{cite news|last1=Hand|first1=Marcus|title=Saga Welco pool highlight of 20 years in business for Masterbulk|url=http://www.seatrade-maritime.com/news/asia/saga-welco-pool-highlight-of-20-years-in-business-for-masterbulk.html|accessdate=9 October 2017|work=Seatrade Maritime News|publisher=Seatrade UBM (UK) Ltd|date=13 February 2015|location=Colchester, UK}}</ref>


The Company owns a total of 20 [[Open hatch general cargo]] Gantry Crane vessels. Its fleet operates in the drybulk segment and is involved in the transportation of unitised, [[bulk cargo]] and [[break bulk cargo]] worldwide, specializing in bale [[pulp (paper)|pulp]] and forestry products, steel products, and project cargo.
The Company owns a total of 20 [[open hatch general cargo]] Gantry Crane vessels. Its fleet operates in the drybulk segment and is involved in the transportation of unitised, [[bulk cargo]] and [[break bulk cargo]] worldwide, specializing in bale [[pulp (paper)|pulp]] and forestry products, steel products, and project cargo.


The [[technical management]] of these vessels is outsourced to Rickmers Shipmanagement (Singapore) Pte Ltd and Westfal-Larsen Management AS. The [[commercial management]] is performed by Pool Manager SagaWelco AS, in Tenvik, Norway, which is a joint venture together with SAGA Shipholding (Norway) AS. The SagaWelco Pool manages the largest and youngest fleet of Open Hatch Gantry Crane vessels in the market, which currently includes 52 vessels, with 3 on order. Masterbulk is based in [[Singapore]] and has 11 employees. It is a subsidiary of the [[Norway|Norwegian]] shipping Group [[Westfal-Larsen]].<ref>{{cite web |url=http://www.masterbulk.com.sg/ |title=Masterbulk Pte Ltd |author=Masterbulk |accessdate=2008-10-31}}</ref>
The [[technical management]] of these vessels is outsourced to Rickmers Shipmanagement (Singapore) Pte Ltd and Westfal-Larsen Management AS. The [[commercial management]] is performed by Pool Manager SagaWelco AS, in Tenvik, Norway, which is a joint venture together with SAGA Shipholding (Norway) AS. The SagaWelco Pool manages the largest and youngest fleet of Open Hatch Gantry Crane vessels in the market, which currently includes 52 vessels, with 3 on order. Masterbulk is based in [[Singapore]] and has 11 employees. It is a subsidiary of the [[Norway|Norwegian]] shipping Group [[Westfal-Larsen]].<ref>{{cite web |url=http://www.masterbulk.com.sg/ |title=Masterbulk Pte Ltd |author=Masterbulk |accessdate=2008-10-31}}</ref>


In 2014 Masterbulk established a new venture with fellow Norwegian shipowners Saga Ship Holding to operate their fleets of open hatch gantry and jib-craned bulkers in a joint pool, Saga Welco.<ref>{{cite news|last1=Hand|first1=Marcus|title=Saga Welco pool highlight of 20 years in business for Masterbulk|url=http://www.seatrade-maritime.com/news/asia/saga-welco-pool-highlight-of-20-years-in-business-for-masterbulk.html|accessdate=9 October 2017|work=Seatrade Maritime News|publisher=Seatrade UBM (UK) Ltd|date=13 February 2015|location=Colchester, UK}}</ref><ref>{{cite web|title=Fleet List|url=http://www.sagawelco.com/fleet/fleet-list/|website=Saga Welco|publisher=Saga Welco AS|accessdate=9 October 2017}}</ref>
In 2014 Masterbulk established a new venture with fellow Norwegian shipowners Saga Ship Holding to operate their fleets of open hatch gantry and jib-craned bulkers in a joint pool, Saga Welco.<ref name="Seatrade" /><ref>{{cite web|title=Fleet List|url=http://www.sagawelco.com/fleet/fleet-list/|website=Saga Welco|publisher=Saga Welco AS|accessdate=9 October 2017}}</ref>


==References==
==References==

Revision as of 22:41, 9 October 2017

Masterbulk Pte. Ltd.
Company typeSubsidiary
IndustryShip Transport
Founded1995
HeadquartersSingapore
Area served
Global
Key people
Nicholas F. Fisher (CEO)
ProductsBreak bulk cargo
Number of employees
11 (2016)
ParentArmadora AS
SubsidiariesWestfal-Larsen Shipping Pte Ltd, Saga Welco AS
Websitewww.masterbulk.com.sg

Masterbulk Private Limited is a shipping company which was established in Singapore in July 1995 following a major spin off from Westfal-Larsen & Co A/S in Bergen, Norway.[1]

The Company owns a total of 20 open hatch general cargo Gantry Crane vessels. Its fleet operates in the drybulk segment and is involved in the transportation of unitised, bulk cargo and break bulk cargo worldwide, specializing in bale pulp and forestry products, steel products, and project cargo.

The technical management of these vessels is outsourced to Rickmers Shipmanagement (Singapore) Pte Ltd and Westfal-Larsen Management AS. The commercial management is performed by Pool Manager SagaWelco AS, in Tenvik, Norway, which is a joint venture together with SAGA Shipholding (Norway) AS. The SagaWelco Pool manages the largest and youngest fleet of Open Hatch Gantry Crane vessels in the market, which currently includes 52 vessels, with 3 on order. Masterbulk is based in Singapore and has 11 employees. It is a subsidiary of the Norwegian shipping Group Westfal-Larsen.[2]

In 2014 Masterbulk established a new venture with fellow Norwegian shipowners Saga Ship Holding to operate their fleets of open hatch gantry and jib-craned bulkers in a joint pool, Saga Welco.[1][3]

References

  1. ^ a b Hand, Marcus (13 February 2015). "Saga Welco pool highlight of 20 years in business for Masterbulk". Seatrade Maritime News. Colchester, UK: Seatrade UBM (UK) Ltd. Retrieved 9 October 2017.
  2. ^ Masterbulk. "Masterbulk Pte Ltd". Retrieved 2008-10-31.
  3. ^ "Fleet List". Saga Welco. Saga Welco AS. Retrieved 9 October 2017.