Lesson plan

Masterbulk

Masterbulk Private Limited is a shipping company which was established in Singapore in February 1995 following a major spin off from the Bergen, Norway-based Westfal-Larsen & Co A/S, of which it remains a subsidiary. The Company owns a total of 18 open hatch general cargo vessels. Its fleet operates in the drybulk segment and is involved in the transportation of unitised, bulk cargo and break bulk cargo worldwide, specialising in bale pulp and forestry products, steel products, and project cargo. The technical management of these vessels is outsourced to Zeaborn Ship Management (Singapore) Pte Ltd and Westfal-Larsen Management AS. The commercial management is performed by Pool Manager Saga Welco AS, in Tenvik, Norway, which is a joint venture along with Saga Shipholding (Norway) AS. The Saga Welco Pool manages the largest and youngest fleet of Open Hatch Gantry Crane vessels in the market, which currently includes 52 vessels, with 1 on order. Masterbulk is based in Singapore and has 9 employees. In 2014 Masterbulk established a new venture with fellow Norwegian shipowners Saga Shipholding to operate their fleets of open hatch gantry and jib-craned bulkers in a joint pool, Saga Welco.

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Article summary

Masterbulk Private Limited is a shipping company which was established in Singapore in February 1995 following a major spin off from the Bergen, Norway-based Westfal-Larsen & Co A/S, of which it remains a subsidiary. The Company owns a total of 18 open hatch general cargo vessels. Its fleet operates in the drybulk segment and is involved in the transportation of unitised, bulk cargo and break bulk cargo worldwide, specialising in bale pulp and forestry products, steel products, and project cargo. The technical management of these vessels is outsourced to Zeaborn Ship Management (Singapore) Pte Ltd and Westfal-Larsen Management AS. The commercial management is performed by Pool Manager Saga Welco AS, in Tenvik, Norway, which is a joint venture along with Saga Shipholding (Norway) AS. The Saga Welco Pool manages the largest and youngest fleet of Open Hatch Gantry Crane vessels in the market, which currently includes 52 vessels, with 1 on order. Masterbulk is based in Singapore and has 9 employees. In 2014 Masterbulk established a new venture with fellow Norwegian shipowners Saga Shipholding to operate their fleets of open hatch gantry and jib-craned bulkers in a joint pool, Saga Welco.

Key claims

  1. date of establishment: 1995 — source: Wikipedia · confidence 0.95
  2. employees: 9 employees — source: Wikipedia · confidence 0.95

Discussion questions

  1. Summarise the article in your own words. Which single claim would you verify first, and why?
  2. The record states that the date of establishment is "1995". What evidence would count against this claim?
  3. The record states that the employees is "9 employees". What evidence would count against this claim?
  4. Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
  5. If two sources disagreed about one of these facts, what would you need in order to trust one over the other?

Bibliography

  1. Wikipedia https://en.wikipedia.org/w/index.php?oldid=1356926993

Key claims and bibliography are generated from the same tracked claims and sources as the article page.