The bulk carrier shipping industry in nan focuses on the transportation of bulk commodities such as coal, grain, and minerals across the globe. Companies in this sector operate fleets of specialized vessels to efficiently manage large-scale cargo, with an emphasis on sustainability and profit margins. Due to fluctuating demand and environmental regulations, there is an increasing push towards eco-friendly innovations, including energy-efficient ships and the exploration of alternative fuels. While facing challenges in global trade and port logistic complexities, the industry is projected to adapt and grow, supported by technological advancements and a heightened focus on environmental responsibility.


This list features 21 bulk carrier shipping companies spanning various sizes, with headquarters located in places like Germany, Greece, Canada, and Singapore. Most companies have been established for several decades, offering maritime transportation services primarily for dry bulk goods. The fleet compositions vary, with smaller companies managing fewer than 50 vessels, while others operate with hundreds. Notably, firms like Oldendorff Carriers and Berge Bulk showcase strong operational footprints and are dedicated to high sustainability standards, reinforcing their market positions.


Continue reading to learn more about the top bulk carrier shipping companies.


Top 21 Bulk Carrier Shipping Companies


1. Oldendorff Carriers GmbH & Co. KG


Oldendorff Carriers GmbH & Co. KG, founded in 1921, is a family-owned shipping company based in Germany that specializes in dry bulk shipping and logistics solutions. The company operates a fleet of approximately 700 vessels, which includes both owned and chartered ships, and performs around 15,000 port calls each year across 118 countries. Oldendorff focuses on efficient bulk logistics, particularly in challenging port environments, providing transshipment services that enable clients to utilize larger vessels for long-haul routes. This approach not only reduces freight costs but also enhances the competitiveness of various commodities. The company has invested significantly in environmentally friendly vessels, with about 90% of their owned fleet being eco-types. Oldendorff's commitment to operational excellence is reflected in their track record of fulfilling all contracts and financial obligations throughout their history. They also engage in innovative transshipment projects, employing a dedicated team of experts to design and implement tailored logistics solutions for their clients.


2. Spliethoff

  • Website: spliethoff.com
  • Ownership type: Private
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Employee distribution: Netherlands 73%, Monaco 4%, Philippines 4%, Other 19%
  • Founded year: 1921
  • Headcount: 1001-5000
  • LinkedIn: spliethoff

Spliethoff, established in 1921 and based in Amsterdam, is a private shipping company that specializes in worldwide ocean transport. The company operates a fleet of over 50 modern, Dutch-flagged multipurpose vessels, which are designed to handle a variety of cargo types, including bulk and project cargo. Spliethoff's vessels range from 12,000 to 23,000 deadweight tonnage and are equipped with advanced features such as removable tweendecks and cargo cranes with capacities up to 1,400 tonnes. The company has a strong focus on sustainability, actively working to reduce its environmental impact through initiatives like energy-efficient vessel design and the use of biofuels. Spliethoff serves various industries, including manufacturing and construction, and has a significant presence in the bulk cargo market. Their commitment to quality service and operational excellence has earned them a solid reputation in the shipping industry.


3. Navarone S.A.

  • Website: navarone.gr
  • Ownership type: Private
  • Headquarters: Athens, Central Athens Regional Unit, Greece
  • Employee distribution: Greece 96%, Ethiopia 4%
  • Founded year: 1970
  • Headcount: 501-1000
  • LinkedIn: navarone-sa

Navarone S.A. is a private shipping company based in Athens, Greece, specializing in ship management and the transportation of dry bulk commodities. Established in 1970, the company has built a reputation for operational excellence and customer satisfaction. With a fleet of 27 bulk carriers, including handy-sized, handymax, and supramax vessels, Navarone operates on a global scale, focusing on regions such as the Great Lakes and the St. Lawrence River. The company is dedicated to maintaining high safety and quality standards, reflecting its commitment to responsible maritime practices. Navarone S.A. has also been recognized for its efforts in sustainability, receiving certifications such as ISO 9001:2015 and 14001:2015, and actively participating in initiatives aimed at marine environmental protection. Their extensive experience in the industry, combined with a strong focus on employee training and development, positions them as a reliable partner for clients in the shipping and logistics sectors.


4. Fednav Limited

  • Website: fednav.com
  • Ownership type: Private
  • Headquarters: Montreal, Quebec, Canada
  • Employee distribution: Canada 73%, United States (USA) 8%, Singapore 6%, Other 13%
  • Founded year: 1944
  • Headcount: 201-500
  • LinkedIn: fednav-limited

Fednav Limited, based in Montreal, Quebec, Canada, is a private shipping company that has been operational since 1944. Specializing in maritime transport services, particularly in bulk shipping, Fednav operates a fleet of approximately 120 vessels. The company is recognized for its expertise in navigating complex international routes, especially in the Arctic and Great Lakes regions. Fednav has built a reputation for reliability and professionalism in the shipping industry, providing logistics solutions for businesses that require the transportation of large quantities of goods across borders. The company is also committed to environmental stewardship, actively engaging in various ESG initiatives to promote sustainable practices within the maritime sector. With a workforce of around 363 employees, Fednav continues to play a significant role in the bulk shipping industry, emphasizing safety, efficiency, and environmental protection in its operations.


5. Berge Bulk

  • Website: bergebulk.com
  • Ownership type: Private
  • Headquarters: Singapore
  • Employee distribution: Singapore 78%, India 10%, Philippines 4%, Other 7%
  • Founded year: 2007
  • Headcount: 1001-5000
  • LinkedIn: berge-bulk

Berge Bulk is a private shipping company based in Singapore, specializing in the transportation of dry bulk commodities. Established in 2007, the company has grown to manage a fleet of 90 vessels, which collectively transport over 70 million tonnes of cargo annually. Their operations primarily serve major miners and steel mills around the globe, ensuring the efficient delivery of essential raw materials. Berge Bulk is committed to sustainability, actively pursuing initiatives to reduce emissions and enhance operational efficiency through innovative technologies. Their fleet includes some of the largest vessels ever built, ranging from handy-size to cape-size, reflecting their capability to handle a wide variety of bulk cargoes. The company is also focused on future growth, with plans for fleet expansion and diversification into new markets. With a strong emphasis on safety and environmental responsibility, Berge Bulk is positioned as a significant player in the bulk shipping industry.


6. Diligent Holdings S.A.

  • Website: diligentholdings.com
  • Ownership type: Private
  • Headquarters: Athens, Central Athens Regional Unit, Greece
  • Employee distribution: Greece 100%
  • Founded year: 2011
  • Headcount: 11-50
  • LinkedIn: diligent-holdings

Diligent Holdings S.A. is a private shipping company based in Athens, Greece, founded in 2011. The company specializes in dry bulk international shipping and manages a fleet of 8 vessels, which includes 7 Supramax and 1 Handysize bulk carriers. With a total deadweight tonnage of approximately 438,696 tons, Diligent Holdings is equipped to transport a variety of bulk commodities across global markets. The company prides itself on its commitment to safety and operational excellence, providing ship management and chartering services tailored to the needs of its clients. Diligent Holdings has a dedicated team of 30 staff members onshore and 170 crew members onboard, ensuring efficient operations and high levels of service. Their focus on environmental consciousness and rigorous standards positions them as a responsible player in the shipping industry.


7. Ultrabulk A/S

  • Website: ultrabulk.com
  • Ownership type: Private
  • Headquarters: Denmark
  • Employee distribution: Denmark 54%, Chile 16%, United States (USA) 8%, Other 23%
  • Founded year: 1952
  • Headcount: 51-200
  • LinkedIn: ultrabulk-shipping-a-s

Ultrabulk A/S, based in Denmark, is a private shipping company founded in 1952. It specializes in the transportation of dry bulk commodities, including coal, grain, and minerals, across global trade routes. The company operates a fleet of approximately 165-200 vessels, which includes various sizes such as Panamax, Supramax, and Handysize. Ultrabulk emphasizes tailored solutions for its clients, ensuring that their specific maritime transportation needs are met efficiently. As a subsidiary of Ultranav, a group of shipping companies with a global presence, Ultrabulk benefits from a broad operational network. The company is also committed to sustainability, having invested significantly in energy-saving devices and aiming for a zero-emission fleet by 2050. Their operational strategy includes a focus on risk assessment and an asset-light business model, which enhances their flexibility in the market.


8. Zodiac Maritime

  • Website: zodiac-maritime.com
  • Ownership type: Private
  • Headquarters: London, England, United Kingdom (UK)
  • Employee distribution: United Kingdom (UK) 72%, India 14%, Romania 5%, Other 10%
  • Founded year: 1976
  • Headcount: 5001-10000
  • LinkedIn: zodiac-maritime

Zodiac Maritime Ltd, established in 1976 and headquartered in London, is a private ship management company that offers a comprehensive suite of management services for a variety of vessels. Their fleet includes containerships, bulk carriers, PCTCs, LPG carriers, and various types of tankers, indicating a broad operational scope. With a workforce of over 6,500 seafarers and a significant presence in the UK, India, Romania, and Bulgaria, Zodiac Maritime is well-positioned to serve clients in the global shipping industry. The company emphasizes safe and efficient maritime operations, reflecting its commitment to high standards in ship management. Their operational expertise and extensive fleet make them a notable entity in the maritime sector.


9. M/Maritime Corp.

  • Website: m-maritime.com
  • Ownership type: Private
  • Headquarters: Athens, Central Athens Regional Unit, Greece
  • Employee distribution: Greece 91%, Philippines 4%, Netherlands 4%
  • Founded year: 2016
  • Headcount: 11-50
  • LinkedIn: m-maritime-corp.

M/Maritime Corp., established in 2016 and based in Athens, Greece, is a private shipping company dedicated to the management of dry bulk vessels. With a fleet of 18 modern dry bulk carriers, the company emphasizes operational excellence and quality in transporting vital dry bulk goods globally. Their vessels, constructed in respected Japanese shipyards, range from handysize to kamsarmax sizes, showcasing a commitment to high standards in shipbuilding. M/Maritime Corp. serves a variety of industries that require reliable shipping solutions, ensuring that their operations meet the demands of their clients. The company also prioritizes environmental sustainability and safety, implementing policies that protect both their crew and the environment. Their focus on continuous improvement and adherence to quality standards positions them as a noteworthy player in the bulk carrier shipping industry.


10. Empire Bulkers Limited

  • Website: empirebulkers.com
  • Ownership type: Private
  • Headquarters: Willowbrook, California, United States (USA)
  • Employee distribution: Greece 80%, Turkey 20%
  • Founded year: 2013
  • Headcount: 11-50
  • LinkedIn: empire-bulkers-limited

Empire Bulkers Limited, founded in 2013 and based in Willowbrook, California, is a private shipping company that specializes in the commercial and technical management of dry cargo vessels. The company operates a modern fleet of eight bulk carriers, with a total deadweight tonnage of 396,853. Their vessels are flagged under the Marshall Islands and are built by reputable shipyards in South Korea and Japan. Empire Bulkers is committed to maintaining high safety and quality standards, focusing on continuous improvement and training for their crew and office personnel. The company holds various certifications, including ISO 9001 and ISO 14001, which reflect their commitment to quality management and environmental responsibility. With a workforce primarily based in Greece and Turkey, Empire Bulkers is well-positioned to serve clients in the bulk shipping sector, providing efficient transportation solutions for bulk goods.


11. Cerrahgil Ship Agencies & Services Co. Ltd.

  • Website: cerrahgil.com.tr
  • Ownership type: Private
  • Headquarters: Istanbul, İstanbul, Turkey
  • Employee distribution: Turkey 100%
  • Founded year: 1974
  • Headcount: 51-200
  • LinkedIn: cerrahgilshipagency

Cerrahgil Ship Agencies & Services Co. Ltd., based in Istanbul, Turkey, is a private shipping company founded in 1974. With a workforce of around 19 employees, the company has carved a niche in the shipping industry, particularly in the operation of bulk carriers. Cerrahgil operates a fleet that includes Kamsarmax bulk carriers, which are registered under the Turkish International Ship Register and classed with Lloyds Register. The company provides comprehensive agency services for vessels transiting Turkish ports, catering to a variety of clients, including steel mills and international cargo importers. Their services extend to shipping, chartering, and logistics consulting, ensuring efficient transport of bulk goods such as coal, iron ore, and grains. Cerrahgil has a rich history, being part of a family-owned business that dates back to the early 1900s, and it has maintained a strong presence in the Turkish maritime sector. The company also has a UK office to support its international operations, further solidifying its role in the global shipping industry.


12. KC Maritime

  • Website: kcmaritime.com
  • Ownership type: Family Owned
  • Headquarters: Hong Kong S.A.R
  • Employee distribution: Hong Kong S.A.R 67%, United States (USA) 17%, India 17%
  • Founded year: 1916
  • Headcount: 201-500
  • LinkedIn: kc-maritime

KC Maritime, founded in 1916, is a family-owned shipping company based in Hong Kong. Initially starting as a textile business in India, the company transitioned into the dry bulk shipping sector in 1980. Today, KC Maritime manages a modern fleet of dry bulk carriers, emphasizing quality, reliability, and integrity in its operations. The company provides comprehensive commercial and technical management services to a variety of clients, including grain houses and charterers. With a commitment to sustainability, KC Maritime has implemented measures to reduce carbon emissions and comply with international regulations. Their fleet includes Kamsarmax and Ultramax bulk carriers, showcasing their capability to handle a range of bulk cargoes. The company has also engaged in joint ventures to expand its operational reach and enhance its service offerings.


13. Lighthouse Navigation Co. Ltd


Lighthouse Navigation Co. Ltd, founded in 2009 and based in Bangkok, Thailand, is a private shipping and logistics company that specializes in chartering services and the management of maritime operations. The company is dedicated to providing reliable solutions for transporting various cargoes, particularly bulk commodities. Lighthouse Navigation operates a fleet of Ultramax bulk carriers, which are designed for fuel efficiency and larger capacity compared to traditional Supramax vessels. They act as exclusive commercial managers for the Belships fleet and also operate chartered-in tonnage in the Ultra-Supramax and Handysize segments. With a strong network of relationships with charterers and port agents, Lighthouse Navigation ensures efficient service delivery, making them a notable player in the bulk shipping industry.


14. Apeejay Shipping Limited


Apeejay Shipping Limited, founded in 1948 and based in Kolkata, India, is a private shipping company that specializes in the maritime transportation of goods. With a fleet of modern dry bulk carriers, the company provides efficient shipping and logistical solutions to businesses. Their operations extend to both international routes and Indian coastal trade, showcasing their adaptability in various markets. Apeejay Shipping is recognized for its commitment to safety and quality, operating under stringent standards that align with international regulations. The company is part of the Apeejay Surrendra Group, a conglomerate with a rich history in trade and shipping. Their focus on customer satisfaction and operational excellence positions them as a significant player in the bulk carrier segment of the shipping industry.


15. SMT Shipping

  • Website: smtshipping.com
  • Ownership type: Private
  • Headquarters: Agios Athanasios, Limassol, Cyprus
  • Employee distribution: Poland 56%, Cyprus 15%, Netherlands 12%, Other 18%
  • Founded year: 1991
  • Headcount: 201-500
  • LinkedIn: smt-shipping

SMT Shipping, based in Limassol, Cyprus, is a private shipping company that specializes in the transportation and transshipment of dry bulk cargo. Established in 1991, the company has grown into an international maritime group with a fleet of over 60 vessels. SMT Shipping caters to a wide range of clients, including mines, traders, and raw material end-users, providing tailored solutions to optimize supply chains. Their operations extend across various regions, ensuring reliable cargo handling. The company is also involved in transshipment services, utilizing its own floating cranes and barges to facilitate cargo movement when port facilities are limited. SMT Shipping emphasizes safety and sustainability, actively participating in initiatives that promote ethical practices and environmental responsibility. With a workforce of approximately 348 employees, SMT Shipping continues to invest in the development of its personnel and the modernization of its fleet.


16. Ab Maritime INC

  • Website: ab-maritime.com
  • Ownership type: Private
  • Headquarters: Pompano Beach, Florida, United States (USA)
  • Employee distribution: Greece 100%
  • Founded year: 1985
  • Headcount: 11-50
  • LinkedIn: ab-maritime-inc

Ab Maritime INC, founded in 1985 and based in Pompano Beach, Florida, is a private shipping company that specializes in the management of bulk carriers. With a fleet of seven bulk carriers, the company operates vessels with capacities between 35,000 and 59,000 metric tons. Over the years, Ab Maritime has transitioned from managing general cargo vessels to focusing exclusively on bulk carriers, showcasing their adaptability and expertise in this niche. The company prides itself on high standards of safety and environmental sustainability, investing in the training and education of its personnel to ensure compliance with international regulations. Their operational strategy includes maintaining exceptional performance records and overseeing technical projects, which further solidifies their standing in the bulk shipping industry.


17. Susesea

  • Website: susesea.com
  • Ownership type: Private
  • Headquarters: Singapore
  • Employee distribution: Turkey 76%, Singapore 24%
  • Founded year: 2010
  • Headcount: 51-200
  • LinkedIn: ayships

Susesea Holdings Pte. Ltd., established in 2010 and headquartered in Singapore, is a private shipping company that specializes in the transportation of dry bulk commodities. With a fleet that controls over 900,000 deadweight tons (DWT), Susesea provides reliable shipping solutions for businesses requiring efficient transport of goods across international waters. The company operates a modern fleet of bulk carriers, including Supramax and Ultramax vessels, and is involved in various aspects of shipping, such as chartering, commercial management, and new building projects. Susesea has a strong emphasis on safety and efficiency, ensuring that cargo arrives on time and in good condition. The company is also recognized for its commitment to environmental standards and operational excellence, making it a notable player in the bulk carrier shipping sector.


18. XO Shipping A/S

  • Website: xoshipping.com
  • Ownership type: Private
  • Headquarters: Hellerup, Denmark
  • Employee distribution: Denmark 78%, United Arab Emirates 17%, Hong Kong S.A.R 5%
  • Founded year: 2010
  • Headcount: 11-50
  • LinkedIn: xo-shipping-a-s

XO Shipping A/S, based in Hellerup, Denmark, is a private shipping company that specializes in dry bulk ocean freight services. Established in 2010 by a group of experienced shipping executives, the company has grown to become a notable participant in the global dry bulk freight market. XO Shipping offers tailored transportation solutions for a variety of commodities, including energy, minerals, and agricultural products. Their clientele primarily consists of businesses in agriculture and mining, who depend on XO Shipping's expertise and global network to fulfill their shipping needs. The company operates a modern fleet of over 80 bulk carriers, capable of handling a wide range of cargoes, and maintains a strong focus on safety and quality standards. With offices in Denmark, Dubai, and Hong Kong, XO Shipping is well-positioned to facilitate global dry bulk trade, ensuring effective communication and operational excellence throughout the shipping process.


19. Mpp Carriers

  • Website: mpp-carriers.com
  • Ownership type: Private
  • Headquarters: Karellas, Anatoliki Attiki, Greece
  • Employee distribution: Greece 100%
  • Founded year: 2021
  • Headcount: 11-50
  • LinkedIn: mpp-carriers

MPP Carriers is a private shipping company based in Karellas, Greece, specializing in the transportation of dry bulk goods. Founded in 2021, the company operates a growing fleet of dry bulk carriers, aiming to provide reliable and efficient logistics solutions to various industries. MPP Carriers places a strong emphasis on safety and sustainability, striving for zero incidents and oil spills while reducing emissions. The company is dedicated to the well-being of its crew, offering competitive compensation and a supportive working environment. Their mission is to deliver world-class shipping services while maintaining a commitment to integrity, reliability, and innovation in their operations.


20. Sea Traders S.A.

  • Website: seatraders.com
  • Ownership type: Private
  • Headquarters: Glyfada, South Athens, Greece
  • Employee distribution: Greece 94%, China 6%
  • Founded year: 1974
  • Headcount: 51-200
  • LinkedIn: seatraders

Sea Traders S.A. is a private shipping company based in Glyfada, South Athens, Greece, with a workforce of approximately 67 employees. Established in 1974, the company specializes in the worldwide carriage and trading of international dry bulk cargoes. Over the years, Sea Traders has modernized its fleet, which now includes Capesize, Kamsarmax, Panamax, and Supramax bulk carriers, as well as two containerships. The company is dedicated to safe and environmentally friendly shipping practices, ensuring that their operations meet high standards of health, safety, and quality assurance. They have built strong relationships with a global network of charterers, raw-material producers, and agricultural traders, which enhances their operational effectiveness. Sea Traders S.A. is also a member of BIMCO since 1978, reflecting their long-standing commitment to the shipping industry.


21. Stellar Navigation Ltd


Stellar Navigation Ltd, established in 2009 and based in Batumi, Adjara, Georgia, is a private shipping company that focuses on the transportation of dry bulk cargoes. With a fleet that includes modern bulk carriers, the company provides a range of services including ship management, chartering, and brokerage. Stellar Navigation is particularly active in the handy and handymax segments of the dry bulk market, transporting major bulks such as iron ore, coal, and grain, as well as minor bulks like bauxite and fertilizers. The company prides itself on its commitment to safety, efficiency, and environmental protection, ensuring that all operations adhere to international standards. With a team of maritime professionals averaging around 20 years of experience, Stellar Navigation aims to deliver reliable and competitive transport solutions to its clients. They ship over 1 million metric tons of cargo annually, demonstrating their operational capacity and industry involvement.



Bulk Carrier Shipping Insights: Key Companies


CompanyHeadquarterSizeFoundedOwnership
Oldendorff Carriers GmbH & Co. KGGermany1001-50001921Family Owned
SpliethoffAmsterdam, North Holland, Netherlands1001-50001921Private
Navarone S.A.Athens, Central Athens Regional Unit, Greece501-10001970Private
Fednav LimitedMontreal, Quebec, Canada201-5001944Private
Berge BulkSingapore1001-50002007Private
Diligent Holdings S.A.Athens, Central Athens Regional Unit, Greece11-502011Private
Ultrabulk A/SDenmark51-2001952Private
Zodiac MaritimeLondon, England, United Kingdom (UK)5001-100001976Private
M/Maritime Corp.Athens, Central Athens Regional Unit, Greece11-502016Private
Empire Bulkers LimitedWillowbrook, California, United States (USA)11-502013Private
Cerrahgil Ship Agencies & Services Co. Ltd.Istanbul, İstanbul, Turkey51-2001974Private
KC MaritimeHong Kong S.A.R201-5001916Family Owned
Lighthouse Navigation Co. LtdPathum Wan, Bangkok, Thailand201-5002009Private
Apeejay Shipping LimitedKolkata, West Bengal, India201-5001948Private
SMT ShippingAgios Athanasios, Limassol, Cyprus201-5001991Private
Ab Maritime INCPompano Beach, Florida, United States (USA)11-501985Private
SuseseaSingapore51-2002010Private
XO Shipping A/SHellerup, Denmark11-502010Private
Mpp CarriersKarellas, Anatoliki Attiki, Greece11-502021Private
Sea Traders S.A.Glyfada, South Athens, Greece51-2001974Private
Stellar Navigation LtdBatumi, Adjara, Georgia11-502009Private


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