Peter Weernink is plotting rapid and ambitious expansion of his new dry cargo venture after returning from a year on the sidelines with a project backed by some of the biggest names in shipping.
Weernink this week launched Singapore Marine, which will focus on bulkers from post-panamax through to capesize, after securing $105m in investment.
While Weernink is the largest shareholder, John Fredriksen’s Golden Ocean, Theodore Veniamis’ Golden Union, the Martinos family’s Thenamaris and John Michael Radziwill have all put money into the project.