Hong Kong-based Wah Kwong Maritime Transport Holdings Limited has launched Wah Kwong Bulk, a new dry bulk owner-operator platform. The company aims to grow its fleet from 30 to 50-60 vessels by 2030, including 30 owned ships, focusing on Ultramax and Kamsarmax vessels for grain, ore, and bauxite trades. Wah Kwong Bulk will operate under a "shipowning + operating" model, combining owned tonnage with flexible trading capabilities. The expansion is supported by newbuilding projects at New Dayang and Wuhu Shipyard, alongside joint investments with affiliated partners. Captain Chen Changzheng has been appointed Managing Director. Chairman Hing Chao stated the move reflects the group’s strategy to deepen dry bulk operations and build a dedicated owner-operator platform. This development highlights a trend among Asian shipowners toward integrated operating platforms in the dry bulk sector.