About Western Bulk
Western Bulk is a company based in Oslo (Norway) founded in 1982 by Tellef Thorleifsson was acquired by Kistefos in February 2016. Western Bulk has raised $15 million across 2 funding rounds from investors including Ojada and Kistefos. The company has 94 employees as of December 31, 2024. Western Bulk offers products and services including Dry Bulk Chartering.
- Headquarter Oslo, Norway
- Employees 94 as on 31 Dec, 2024
- Founders Tellef Thorleifsson
- Stage Public
-
Sectors
Transportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Western Bulk Chartering As
-
Annual Revenue
$1.2 B (USD)15.58as on Dec 31, 2024
-
Net Profit
-$2.6 M (USD)82.1as on Dec 31, 2024
-
EBITDA
-$5.34 M (USD)55.03as on Dec 31, 2024
-
Total Equity Funding
$15 M (USD)
in 2 rounds
-
Latest Funding Round
Not available
-
Investors
Ojada
& 1 more
-
Employee Count
94
as on Dec 31, 2024
-
Acquired by
Kistefos
(Feb 02, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Western Bulk
Western Bulk is a publicly listed company on the OSL with ticker symbol WEST in Norway, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Western Bulk
Western Bulk offers a comprehensive portfolio of products and services, including Dry Bulk Chartering.
Chartering of dry bulk vessels for global commodity trade
Funding Insights of Western Bulk
Western Bulk has successfully raised a total of $15M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Western Bulk
Western Bulk has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ojada and Kistefos.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
A private investment company managing diversified portfolios is operated.
|
Locked | Locked | Locked |
Investor details for Western Bulk
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Western Bulk
Investment portfolio details for Western Bulk
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Western Bulk
Detailed financials for Western Bulk
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Western Bulk Comparisons
Peer comparison for Western Bulk
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Western Bulk
Detailed competitors of Western Bulk
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Western Bulk
Complete news archive for Western Bulk
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Western Bulk
Western Bulk was founded in 1982 and raised its 1st funding round 37 years after it was founded.
Western Bulk is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Hans Aasnaes is the current CEO of Western Bulk.
Western Bulk is a funded company, having raised a total of $15M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Western Bulk is 94.
Annual revenue of Western Bulk is $1.2B as on Dec 31, 2024.
Western Bulk was established in 1982 in Oslo, Norway, within the maritime sector. Transportation services for dry bulk commodities, such as grains and minerals, are offered through a dedicated fleet of vessels. Ownership and operation of these ships enable reliable global shipping. The company maintains its base in Norway while supporting international trade networks.
Western Bulk offers Dry Bulk Chartering.
Yes, Western Bulk is publicly traded on OSL under the ticker symbol WEST.
Western Bulk has 2 investors. Key investors include Ojada, and Kistefos.
The ticker symbol of Western Bulk is WEST on OSL.