Polaris International is diversifying its shipping portfolio with the official entry into the dry bulk market and the launch of Polaris Bulkers

The move marks a strategic expansion for Polaris, best known for its automotive logistics division, Polaris Autoliners.

The new dry bulk venture will operate out of Singapore and be led by dry bulk veteran Lukasz Ogryczak, who has been appointed as CEO. The company said it plans to run a fleet of modern bulk carriers and will target long-term charter deals with commodity traders, miners, and industrial shippers.

“Our business model is built around minimising downtime by combining different trading patterns,” said Ogryczak, noting that the goal is to offer “competitive freight through high utilisation and smart scheduling”.

Polaris transports over 600,000 vehicles annually across Europe, and the shift into dry bulk is seen as part of a broader diversification strategy to tap into global commodity flows and build resilience across shipping cycles.

“As global trade evolves, we see rising demand for reliable, modern bulk carrier capacity,” said Walid Salloum, chairman of Polaris International, adding: “Our ambition is to operate a fleet that combines competitive efficiency with strong service and environmental performance.”