BPG Shipping
We operate out of Piraeus, Odessa, Dubai, New Delhi and our collective experience gathered over many years are at the foundations of the company, with a customer-oriented approach adaptable for the volatility of modern shipping.
Our history
BPG Shipping was established in the Dubai Multi Commodities Centre (DMCC) by owners of big logistic company with 25 years presence on the market and Gennadiy Ivanov, who had 20+ years background in the shipping industry both at a senior management level and co-owner/managing director of reputable shipping companies.
Company’s management, chartering and operations team was placed in Odessa.
Accounting matters and communication with local authorities were handled by the Dubai office.
BPG Shipping has progressively established a good track record of professionalism and competency in its field.
In order to increase capitalization of the company and thus take advantage of opportunities in the growing freight market BPG Shipping and industrial company Liberty, UK (company within the structure of GFG Alliance, UK) created joint venture under brand ‘Kronos Bulkers DMCC’.
Liberty Commodities Ltd in this project acted as financial partner. BPG Shipping acted as management, chartering and operation one. All chartering and operations staff of BPG Shipping joined Kronos Bulkers accordingly. Such transfer was managed in a smooth manner and that, operationally, Kronos Bulkers activities were simply a continuation of those of BPG Shipping.
Kronos Bulkers entered market mid 2020 and performed chartering and operations from Odessa office.
By the end 2020 by attracting local experienced staff Kronos Bulkers established chartering desk in Karachi, Pakistan.
Company efficiently used the opportunities of the freight market boom 2021.
By the end 2021 BPG Shipping and Liberty decided to finish (exit) from the partnership “Kronos Bulkers DMCC” under mutual consent.
It was jointly agreed by BPG Shipping and Liberty that during 2022 Kronos Bulkers to close their all executed files (C/Ps) and thereafter suspend its activities on the market. Neither BPG Shipping nor Liberty/GFG can solely use/own Kronos Bulkers name on the market. The split to be fully implemented in 2022.
BPG Shipping entered a new stage of development, backed by long-standing investors and an experienced chartering and operations team.
BPG Shipping established its presence in Greece – one of the world’s leading shipping centres and a country where maritime trade has played a fundamental role in the economy for centuries.
In addition to commercial management, BPG Shipping, in partnership with a reputable technical management company provides technical management services. This allows us to offer a broader range of ship management solutions and represents an important step in the development of BPG Shipping as a full-service management company.
The company also established a representative presence in Hong Kong, one of the key international shipping and trading hubs in the Asia-Pacific region.
BPG Shipping launched the CP Context educational platform, designed to provide practical industry knowledge to professionals and newcomers seeking to develop their expertise in the maritime sector.
A particular focus was placed on grain and other cargo exports from the Black Sea region, particularly from Ukraine through the grain corridors, as well as from Romania and Bulgaria, with BPG Shipping involved in the transportation of more than 3 million tonnes of cargo from these countries.
BPG Shipping established its New Delhi office, marking the company’s expansion into India.
In addition to its dry bulk activities, BPG Shipping expanded into the project and breakbulk cargo segments.
Alongside its core business as a dry bulk operator, BPG Shipping began providing commercial ship management services, with a particular focus on private investors and grain traders entering the shipowning market for the first time and building their own fleets from scratch.
BPG Shipping became involved in the commercial management of the fleets of two major Ukrainian grain companies, Agroprosperis and Kernel, as well as a vessel owned by Greek shipowners.
During this period, BPG Shipping further expanded its international presence and developed additional capabilities in freight derivatives (FFA), ship financing and investment solutions, complementing its core physical dry bulk operations.
