Ultrabulk has committed to maintaining a presence in Japan by opening a permanent office in Tokyo, which will form a base for its chartering activities.
The bulker operator, which has relationships with Japanese shipowners and cargo interests dating back 25 years, has had a temporary office in Tokyo since the beginning of the year.
This has been made permanent with the opening of Ultrabulk Japan KK, which will employ a Japanese chartering executive with a strong knowledge of the local market, the firm said in a LinkedIn update on Thursday.
