Five years ago Omegra Shipping — then a fledgling Singapore-based dry bulk operator affiliated with Asian commodities trader Enerfo — was looking to buy several kamsarmaxes.
The strategy was part of its risk-management plan, a hedge against volatile charter rates. However, these plans were cancelled.
Lukasz Ogryczak, Omegra director and head of shipping, says this decision has paid off handsomely as the company retained its focus on operating chartered ships.
