Blue Bolt Shipping in Forbes Magazine Posidonia

To coincide with Posidonia 2026, which is taking place in Athens this week, Lars Wogen, Managing Director of Blue Bolt Shipping, was interviewed by Forbes Magazine Posidonia edition about how BB Energy is transforming shipping into a strategic profit centre through freight trading, AI and global commercial agility.

Why was now the right time to restructure BB Energy’s global shipping and freight operations? 

The timing is perfect, actually, one might say it’s overdue. BB Energy is big enough and hungry enough to now leverage our global position in the shipping market. 

By bringing everything together under Blue Bolt Shipping, we’re building a sharp, unified platform with total visibility, tighter trading alignment with the commodity desks and the backing to turn shipping into a serious profit engine. 

The timing also aligns with the wider BB Energy business, which is focused on leveraging its strong legacy to drive future growth. This updated approach to our shipping platform enables the Group to capture value that was previously being given away – the same strategic thinking we are applying across our commodity trading, downstream, and renewables businesses.

How can faster and higher-quality shipping data improve trading decisions and unlock new opportunities?

We are at an exciting juncture, where we can feed an overwhelming amount of high-velocity shipping data into language models and the game changes instantly. These agents pass through vessel positions, rate swings, and market noise in real time, signalling patterns and opportunities that were previously missed. This is the optimisation and ability to find the arbitrage before the others. The payoff is better, more consistent margins, greater flexibility, and a genuine competitive edge.

What does the shift from a traditional service centre to a profit centre mean in practice for Blue Bolt Shipping? 

It means we’re pivoting from being a reactive support function to becoming a pure profit centre. We’re aggressively trading time charters and freight derivatives: hunting down alpha, taking disciplined positions, and pumping direct profit into the P&L while still powering the core trading business. This is how we create real optionality and turn a support function into a profit engine. 

What will Lars Wogen’s international shipping experience bring to the next phase of Blue Bolt Shipping’s growth? 

I’ve been fortunate enough to have had more than 25 years in oil trading companies that were in varying stages of building their Freight Trading platform. This has allowed me to build an in-depth playbook that aligns perfectly with our current ambitions. I bring the speed of decision making, discipline in the execution and a little bit of instinct and empathy to help create this platform.