This is how Wallenius Wilhelmsen mothballs vessels
Wallenius Wilhelmsen has laid up ten vessels in response to factory closures and bottlenecks in the supply chain caused by Covid-19. Seven of those vessels are anchored in Norwegian fjords and another ten vessels could...Read more
ALS and NorSea create new wind logistics company Elevon
Abnormal Load Services (ALS) and NorSea have joined forces by creating a new logistics company solely focused on the onshore and offshore wind industry. Elevon, as the joint venture is called, has been developed with...Read more
Wallenius Wilhelmsen books USD 285 million loss in first quarter
A combination of the pandemic and slower markets have seen Wallenius Wilhelmsen’s volume drop by 20 percent. As a result, the carrier’s sales declined by 18% and the company booked a net loss of 285...Read more
WW: “4,000 cbm of project cargo is our sweet spot”
Wallenius Wilhelmsen is heavily investing in the expansion of its breakbulk business. But rather than just being another competitor, the ro/ro company considers itself to be complementary to the traditional breakbulk carriers. “In terms of...Read more
WW reduces fleet and cancels dividend in COVID-19 response
PRESS RELEASE – Wallenius Wilhelmsen (WW) is taking “decisive action” in response to the coronavirus. The company will reduce its active fleet by sending 10 vessels into cold lay-up, scrapping another four vessels and possibly...Read more
WW invests in crane to speed up project cargo operations
PRESS RELEASE – Wallenius Wilhelmsen has invested in a new mobile crane for its terminal in Zeebrugge. This means breakbulk customers will soon no longer need to rely on the availability of hired cranes, speeding...Read more
Wallenius Wilhelmsen rejects poorly paying car contracts
Wallenius Wilhelmsen has recorded a 7% lower income in the third quarter of 2019 due to a drop in volumes. The company is faced with slower markets and “consciously” chose not to carry low paying...Read more
Project carriers face increased competition from ro/ro companies
The project cargo industry faces increased competition from car carriers as the sector struggles with slow growth rates and political uncertainty in the car business. Companies like Wallenius Wilhelmsen are working hard to expand their...Read more
New coalition wants to operate zero emission ships by 2030
A new coalition formed by more than 70 shipping companies, ports and energy suppliers wants commercially viable zero-emission vessels to be operating along deep-sea trade routes by 2030. The Getting to Zero Coalition unveiled its...Read more
Wallenius Wilhelmsen opens new processing centre in Zeebrugge
Wallenius Wilhelmsen has officially opened a new, purpose-built equipment processing centre in Zeebrugge that will play a key role in Doosan’s supply chain for the European market. It is WW’s second equipment processing centre in the Belgian...Read more
Mike Hynekamp new COO at Wallenius Wilhelmsen Solutions
After 19 years as Wallenius Wilhelmsen Solutions’ chief operating officer, Ray Fitzgerald has announced his retirement. Mike Hynekamp took over on June 3rd. Mike Hynekamp’s automotive industry background and the breadth of his experience across...Read moreStrong project cargo shipments increase Wallenius Wilhelmsen’s income
Despite slightly lower volumes, Wallenius Wilhelmsen has increased its income in the first quarter of 2019 thanks to a more favourable cargo mix, strong project cargo shipments in the Atlantic and high fuel cost compensation...Read more