It will be managed by Saga Welco AS and will have a combined fleet of 52 open hatch vessels and two newbuildings delivering in 2017.
In addition to the fleets of Saga and Westfal-Larsen’s Masterbulk operation it will also include assets from Hesnes Group’s Attic Forest AS.
Saga, which is owned by Japanese shipowner NYK, will contribute 29 ships, Masterbulk 20 and Attic three vessels.
Saga
