As a commercial operator, Westerly specializes in the geared and gearless dry bulk sector from handy to panamax vessels and cargoes.
Our values are summarized from safety, seamless & efficient performance in providing cost-effective transportation solutions to our customers to overall timely and reliable performance outcome. All that coupled with our internal risk management procedures, thus mitigating counter-party risk while minimizing market volatility at the same time.
Strategic partnerships and industry collaborations of a vast tank of chartering brokers, market analysts, FFA brokers, bunker suppliers, credit agencies are essential in our daily activities. Our team brings years of close contact with cargo shippers / receivers and tonnage owners, by trying to perfectly match their respective requirements with quality services; that is a daily target to all of us at Westerly.
We constantly strive to accommodate all market intelligence available to us to constantly challenge our performance outcome. Besides the traditional cargo demand and vessel availability data, we monitor daily important characteristics from trade disruptions, seasonal trends and weather factors to port congestions, global macroeconomic trends and commodity harvesting trade developments, all essential in the complex shipping environment that we operate.
Westerly services are based upon its long / short strategies in dry bulk shipping involving strategic investments and hedging techniques to arbitrage exposure on freight rate volatility utilizing a range of financial and operating instruments as well as sound market insights to navigate the complexities of the shipping industry. Westerly’s services are based upon the following principals:
- Tonnage Arbitrage including time charter trip in and time charter trips out, securitization of long term tonnage, positioning for rate differentials, vessel size optimization and flexible fleet management structure.
- Cargo Booking Arbitrage, including forward cargo bookings, cargo pooling and consolidation, COAs, triangulation of trade and Long / Short strategies against physical bookings, coupled by FFA hedging strategies.
- Market Considerations, freight index close monitoring, in depth analysis and input in our model of variations in supply and demand as affected by weather patterns, seasonal cycles, harvesting characteristics, industrial production cycles, port closures and bunkering parameters.
- Model execution is enhanced by Leverage Digital Freight platforms and daily market monitoring, optimization of charter party terms, diversification of cargo and markets and FFA reading to offset any price volatility.
