Arctic Bulk at a glance
Arctic Bulk AG was established as a joint venture between the trading company Promintergroup AG and Tschudi Arctic Transit AS with the prime purpose of promoting and facilitating dry bulk cargoes, oils, LNG and other shipments including project cargoes through the Northern Sea Route (NSR). In September 2020 Promintergroup AG purchsed the shares held by Tschudi Arctic Transit AS and became the sole owner of Arctic Bulk AG.
Tschudi Shipping Company AS, Tschudi Arctic Transit AS and Promintergroup AG were among the pioneers for initiating the first non-Russian commercial shipment through the NSR in 2010. “MV Nordic Barents”, an ice-class 1A ship successfully transported a cargo of iron ore from Sydvaranger Gruve, Kirkenes to China.