BULL has expanded its fleet from 8 vessels with a total capacity of 202,782 DWT in 2013 to its 32 vessels with a total capacity of 2.4 million DWT capacity.
Started from 8 (eight) vessels with a total capacity of 208,793 Deadweight Tonnage (DWT) in 2013. The Company owns and operates 32 vessels with a total capacity of 2,4 million DWT in 2021.
The balanced combination of low-risk business model and growth strategy has enabled the company to grow 12 times in the span of 9 years while maintaining an acceptable debt to EBITDA ratio.