- Singapore-Based Polaris Bulkers to Operate Modern Bulk Carrier Fleet.
- CEO Lukasz Ogryczak Focuses on Long-Term Charters and High Utilisation.
- Expansion Part of Polaris’s Strategic Diversification.
Polaris International is taking a bold step forward by officially diving into the dry bulk shipping sector with the launch of Polaris Bulkers. This exciting development builds on the company’s solid reputation in automotive logistics through Polaris Autoliners. The goal of this new venture is to enhance Polaris’s shipping portfolio and take advantage of the increasing global demand for commodities, reports Nautical Voice.
Leadership and Operational Goals
Based in Singapore, Polaris Bulkers will be under the guidance of industry expert Lukasz Ogryczak, who has been named CEO. With his leadership, the company plans to operate a fleet of state-of-the-art bulk carriers. The main objective is to secure long-term charter agreements with commodity traders, miners, and industrial shippers. Ogryczak pointed out that their business model is crafted to reduce downtime by integrating various trading patterns, which will allow them to offer competitive freight options through high utilisation rates and smart scheduling.
Strategic Diversification
Polaris International already moves over 600,000 vehicles each year across Europe. This entry into dry bulk shipping is a significant diversification strategy aimed at boosting resilience throughout shipping cycles while tapping into the changing global commodity landscape.“As global trade evolves, we see rising demand for reliable, modern bulk carrier capacity,” said Walid Salloum, chairman of Polaris International. He also mentioned that the company is focused on operating a fleet that not only delivers competitive efficiency but also emphasises strong service and environmental performance.
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Source: Nautical Voice
