About Ultrabulk
Ultrabulk is a leading global dry bulk operator, offering a broad range of shipping services to accommodate our customers in their maritime transportation needs in the Panamax, Supramax, Handysize segments as well as MPP & Minibulk Services, Parcel Services and African Services.
Partnerships with close customers are the core of our business, and considerable effort is put into visualising and meeting their needs. Long-Term perspectives drive investments aimed at building personal relations and cooperation.
With an asset light business model and a strong focus on risk assessment, we are a safe choice for your maritime transportation needs.
Ultrabulk A/S is a subsidiary of Ultranav, a privately owned shipping company for over six decades and operating globally with offices in 19 countries.
A partner you can trust
Thinking globally, acting locally
Ultrabulk is located in 9 different countries straterically located around the world. The geographical spread of our offices enables us to serve our partners in their own time zone in relation to Chartering as well as Operation. Each office is empowered with adequate authority to make the right business decisions in a quick and efficient manner.
Via the Ultranav Group, we have strong connections to South America and Chile in particular, but we also have a long tradition in Danish shipping with roots dating back to 1891 and “Rederiet Myren”, which was originally part of the more commonly known East Asiatic Company (EAC/ØK).
Strategic pillars
During 2023 Ultrabulk formalised our four strategic pillars:
Freight trading
Embracing the operator mindset
Freight trading plays a key role in our new strategy – it is a visible shift from thinking like an owner to becoming more trading focused as a company and taking advantage of all the opportunities this change presents.
Environment
Environment for the planet and for Ultrabulk
We believe that focus on the environment is our responsibility, but it is also good business and a key driver for our sustained success in Ultrabulk.
Digitalisation
Better and faster decisions fueled by digitalisation
We are willing to invest in innovative technology, and we are striving to support the commercial activities by being a leader in digitalisation, by taking better and more timely decisions and by working smarter not harder through automation.
Talent diversity
Our people are our assets
Our people are the most important assets we have, and supporting and embracing the differences we have is key for Ultrabulk’s long-term success as a company.
Core values
Ultrabulk lives by a set of corporate values, guiding us in our way of doing business.
We always strive to be a partner you can trust. If you want to know more about the guidelines we live by, please see our General business principles.
Excellence
We seek to contribute to our customers’ competitiveness by anticipating and meeting their needs.
We encourage creativity and innovation, introducing solutions that are beyond the ordinary.
We strive to continuously improve the quality and effectiveness of our services.
Passion
We are passionate about our work and our company.
We believe that personal commitment and work well done make a difference.
We challenge ourselves to create value and exceed our customers’ expectations.
Integrity
We act in an ethical manner, focusing on sustainability and safeguarding our reputation.
We encourage personal and professional development and a fair balance between work and private life.
We promote team spirit in a multicultural environment, without discrimination of any kind.
Safety
We believe that safety is an integral part of our mindset and key to our business success.
We place safety first, keeping health, life, environment, cargoes and assets free of risks.
We are committed to developing and stimulating a safe working culture onboard ships and ashore.
Ultrabulk historical highlights
— 1982
Ultrabulk started its dry bulk activities in Chile in 1982 and was initially regionally focused on the Handysize segment.
— 2000
Ultrabulk opened an office in Singapore to be present for our customers, partners, and activities within the Asian market.
— 2010
Ultrabulk expanded and entered the Supramax and Panamax segments via the acquisition of Eitzen Bulk A/S. This company had roots dating back to 1897 in the form of “Rederiet Myren”, which was originally part of the more commonly known East Asiatic Company (EAC). This added two new market segments, new trading areas, a notable fleet, and an impressive newbuilding programme with it. The acquisition also brought a new office to the company– the Rio de Janeiro office, previously existing under Eitzen Bulk.
— 2013
Ultrabulk started Parcel operation introducing a range of specialised services, including MPP and Parcel Services to accommodate to customers’ needs within the niche markets. This service is specialised in niche services, offering tailormade cargo handling solutions to a broad range of customers.
— 2017
Ultrabulk launched an office in Cape Town to further support and service partners in the region, focusing on full cargo and parceling operations for bulk and breakbulk cargoes.
— 2018
Ultrabulk established a precence in Sydney as an extension of the Singapore office, focusing on the Far East market, in particular the Australian/New Zealand continent.
— 2022
Ultrabulk opened an office in Dubai, enhancing a more local service to customers in the Middle Eastern region.
— 2023
Ultrabulk expanded with permanent office in Tokyo, Japan. The relationship with Japan goes 25 years back, and the office enabled us to do even more business and keep nurturing our good and strong relationship.
Maritime Anti-Corruption Network
The Maritime Anti-Corruption Network (MACN) is a global business network working towards the vision of a maritime industry free of corruption that enables fair trade to the benefit of all.
Tcertified by Ethixbase360
Ethixbase360 is a global leader of third party risk management solutions and supports the compliance efforts of hundreds of multinational companies worldwide through Tcertification, a globally recognized due diligence review.
Getting to Zero Coalition
The Getting to Zero Coalition is committed to supporting the development of Zero Emission Vessels by 2030, whilst also pursuing a full decarbonisation of the industry by 2050.
BIMCO
BIMCO’s goal is to secure a level playing field for the global shipping industry. BIMCO therefore works to promote and secure global standards and regulations for the maritime sector.
Baltic Exchange
The Baltic Exchange provides maritime market information for the trading and settlement of physical and derivative contracts.
Danish Shipping
Danish Shipping is a trade and employer organisation playing an active role in relation to the authorities and decision-makers nationally and internationally.