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Western Bulk Chartering lists on Euronext Growth

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NOK 130 million raised – market capitalisation of NOK 1,008 million.

Oslo – 20 September 2021 – Euronext today congratulates Western Bulk Chartering, on its listing on Euronext Growth (ticker code: WEST).

Western Bulk is a global major global operator in the Supramax/Ultramax and Handysize dry bulk shipping market with offices in Oslo, Singapore, Seattle, Santiago and Casablanca. The company matches cargo with vessels, chartering vessels from various vessel owners and transporting cargo for customers worldwide.

The admission and issue price of Western Bulk shares was set at NOK 30 per share. Market capitalisation was NOK 1,008 million on the day of listing. The offering raised NOK 130 million altogether.

With the listing of Western Bulk Chartering, 60 companies have been listed at Oslo Børs and Euronext Growth so far this year.

About Western Bulk Chartering Western Bulk is a major global operator in the Supramax/Ultramax and Handysize dry bulk shipping market with offices in Oslo, Singapore, Seattle, Santiago and Casablanca. We match cargo with vessels under all market conditions; chartering vessels from various vessel owners and transporting cargo for customers worldwide. We have an asset-light business model, combining advanced risk management, market data and analytics to optimise fleet deployment and vessel-cargo matching.

 

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