Marine Link
Thursday, April 18, 2024
SUBSCRIBE

Wilh News

03 Jun 2021

Edda Wind Lands Dogger Bank Wind Farm Contract for Newbuild CSOV

Credit: Edda Wind

Offshore wind vessel firm Edda Wind said Wednesday it had won a contract to support the commissioning and construction of the first two phases of the giant Dogger Bank wind farm in the UK."Edda Wind and Dogger Bank Wind Farm have agreed on a new contract for the newbuild CSOV Edda TBN C490," Edda Wind said in a social media post.The new contract will begin shortly after delivery of the commissioning service operation vessel in Q2 2023, with a firm period of two years and an additional option of one year, said the company which is jointly owned by Johannes Østensjø dy AS and Wilh.

11 Feb 2020

Wilhelmsen Delivers 3D Printed Parts to Berge Bulk

Norway-based global maritime industry group Wilh. Wilhelmsen Holding ASA  announced that Berge Mafadi, a Berge Bulk vessel has received the world’s first commercial delivery of 3d printed scupper plugs, as part of Wilhelmsen’s Early Adopter Program.According to a press release, the program, where customers have exclusive access to on-demand additive manufacturing was launched by Wilhelmsen’s Marine Products division in December 2019. Customers include Berge Bulk, Carnival Maritime, Thome Ship Management, OSM Maritime Group, Executive Ship Management and Wilhelmsen Ship Management.“We are very excited with this milestone - completing one of the first commercial deliveries of 3D printed parts in the maritime industry…

15 Dec 2019

Wilhelmsen, NorSea Join Forces for Hydrogen

The Norwegean global maritime industry group Wilh. Wilhelmsen Holding ASA and Denmark-based supply chain manager NorSea join forces to develop liquid hydrogen supply chain for maritime applications in Norway.The environmentally friendly liquid hydrogen can be offered to commercial shipping in large scale supply within first quarter 2024, claimed the companies.Together with major industry players such as Equinor, Viking Cruises, Air Liquide, and more, this is a huge and important step towards a sustainable future, and it aligns perfectly with Wilhelmsen’s long-term strategy supporting the UN sustainable development goals.The project was recently awarded a grant of NOK 33.5 million (USD 3.7 million) from the governmental PILOT-E scheme…

16 Jul 2019

IMO2020: The Rise of Bulk Liquid Hydrogen in Norway

Imagine a power distribution network where excess renewable energy from hydropower, wind, solar, and nuclear energy is converted to hydrogen and used as transportation fuel in the maritime industry. With the allure of a zero emissions fuel, a number of ship owners are starting to seriously consider hydrogen for newly built vessels. As a bold first step, the country of Norway has provided a number of grants to leading maritime companies to conduct feasibility studies into various aspects of this emerging technology sector. Central to this discussion is “how” hydrogen will be transported from its source to end-users.Norwegian based companies…

05 Jun 2019

Wilhelmsen Acquires 50% of NorSea Wind

Norway-based global maritime industry group Wilhelmsen Ship Management (WSM) has announced the acquisition of a 50% stake of NorSea Wind and it’s subsidiaries to expand its offerings in the the renewable wind energy market.NorSea Wind, founded in 2016 as a subsidiary of  Norsea Group, provides project management and logistics planning throughout all stages for on and offshore wind farm projects.It is the focal element within Norsea Group where it integrates all service offerings for the wind energy segment as it’s go-to-market strategy. Its accumulated expertise and experience combined with proven track record globally provide a market…

04 Jun 2019

Digi Boiler Gets DNV GL AIP

Norway-based global maritime industry group Wilh. Wilhelmsen Holding ASA said that DNV GL has granted an “Approval in Principle” (AIP) and currently working together towards a full type approval for the smart boiler water dosing system.Wilhelmsen also plans to qualify as an approved service supplier (AoSS) as part of the class society’s unique boiler monitoring (BMON) programme.Minimizing the risks associated with poor boiler water management, Wilhelmsen’s system monitors boiler water condition, dosing chemicals as and when they are needed. Delivering real-time condition monitoring, essential data is accessible to both the vessel’s crew and onshore staff…

12 Nov 2018

GC Rieber Shipping Taps Ytredal as CEO

(Photo: GC Rieber Shipping)

Norwegian offshore shipping company GC Rieber Shipping announced acting chief executive officer Einar Ytredal has appointed to the CEO role on a permanent basis. At the same time, Øystein Kvåle was named new chief financial officer (CFO) and Christoffer Knudsen was promoted to chief commercial officer (CCO).Ytredal was appointed acting CEO in mid-September 2018. He has been with the company since 2007, first as vice president finance and then as CFO since September 2011. Before joining GC Rieber Shipping, Ytredal worked at Deloitte.

21 Mar 2018

RH Taps Bannerman to Head Americas

Philip Bannerman, Regional Director Americas Radio Holland (Photo: Radio Holland Group)

Effective April 1, 2018, Radio Holland Group appointed Philip Bannerman as Regional Director Americas. Bannerman will be based at the RH regional head office in Houston and will be responsible for all offices and activities of Radio Holland in the Americas region, being USA, Canada, Curaçao, Panama, Brazil and Trinidad & Tobago. Philip Bannerman is a senior business development executive with 20 years in the international maritime, cruise and energy industries. He holds a degree in Aeronautical Engineering from Glasgow University.

12 Feb 2018

Several Car Shippers Face Fines for Rigging Bids

(File photo: WWL)

EU antitrust regulators are set to fine Nippon Yusen KK (NYK) and several other Japanese shippers as well as Norwegian Wallenius Wilhelmsen Logistics ASA (WWL) in the coming weeks for rigging bids for shipping cars, according to people with knowledge of the matter. The EU sanctions follow a near six-year investigation which started with dawn raids by the European Commission in September 2012 in coordination with Japanese and U.S. antitrust authorities. Competition regulators around…

28 Mar 2017

Maersk to Lift the Lid on Digital Disruption

File photo: Maersk Line

Maersk is set to unveil the thinking behind its recent tie-ups with IBM and China’s Alibaba when the firm’s Chief Digital Officer, Ibrahim Gokcen, takes the stage at this year’s Nor-Shipping. The maritime event week, taking place across a series of venues in Oslo and Lillestrøm from May 30 to June 2, has confirmed Gokcen as the latest high-level speaker for a program of discussion that will analyze, and help plot, the future course of the maritime industry. Gokcen’s appearance at Nor-Shipping comes at a time when Maersk…

09 Feb 2017

Wilhelmsen Reports Positive Results

2016 ended for Wilh. Wilhelmsen with an improvement in transported volumes, which had a positive effect on total income for the fourth quarter. Adjusted for non-recurring items, WWASA also recorded an uplift in operating profit. Rate pressure continues, but the group expects soft volume recovery in the first half of 2017. Total income for the fourth quarter was USD 450 million, up 8% from USD 418 million in the third quarter. The operating profit ended at USD 4 million due to non-recurring items, down from USD 32 million in the previous quarter. “The third quarter, which is usually negatively affected by seasonality, was impacted additionally by comprehensive strikes in Korea.

16 Jan 2017

Liu Joins Senior Shipping Figures at Nor-Shipping

Peggy Liu (Photo: Nor-Shipping)

Globally renowned green energy champion Peggy Liu has been announced as the latest speaker for Nor-Shipping 2017. Liu, the Chairperson of Joint US-CHINA Collaboration on Clean Energy (JUCCCE), is set to join a growing list of key shipping figures at the leading global maritime event week. Together they will deliver fresh perspectives on the challenges, opportunities and future evolution of the industry worldwide. Liu is a well-known figure throughout the business, political and media landscapes.

27 Dec 2016

Wilhelmsen, Wallenius One Step Closer to Merger

Wilhelmsen and Wallenius have signed an agreement leading to a new ownership structure for their jointly owned investments in Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll on Roll off Carrier. Signing the transaction agreement is an important milestone in the merger as announced in September,” says Jan Eyvin Wang, president and CEO of Wilh. Wilhelmsen ASA. “The final go ahead is pending approval from competition authorities and the respective entities’ shareholders.” Wilh. Wilhelmsen ASA will issue shares to Wallenius Lines in exchange for their shares of the currently joint investments. At the completion of the merger, Wilhelmsen and Wallenius will hold 37.8% and 48% of the new entity to be named Wallenius Wilhelmsen Logistics ASA.

15 Sep 2016

Wallenius Wilhelmsen Logistics: No Change in Long Term Ownership Structure

* The Norwegian Wilhelmsen family sees no change in the planned ownership structure in Wilh. * The current plan is that Wilh. * "I don't think their plan is to sell shares (from the planned 40 percent). There has been no indication on that. We both have good long term systems and we want to the see the effects of this in the merger and to improve the constellation", chief executive officer Thomas Wilhelmsen in Wilh.

15 Sep 2016

Wilh. Wilhelmsen sees extended Weak RO/RO Market

Car and truck shipper Wilh. * Due to weak and rapid change in the market WWASA has decided to merge its companies with Wallenius, announced on September 5.

06 Sep 2016

Wilhelmsen and Wallenius to Merge

Wilhelmsen and Wallenius have signed a letter of intent to establish a new ownership structure for their jointly owned investments. The new entity, Wallenius Wilhelmsen Logistics ASA, will form a more efficient management structure and enable further synergies between the joint ventures. “The markets in which the jointly owned entities operate are going through rapid change and require a more agile and efficient business model. In addition to establishing a common owner and governance structure, the proposed merger is expected to enable synergies between USD 50-100 million by combining the assets and harvesting economies of scale, including more optimal tonnage planning…

12 Aug 2016

Trident Maritime Systems to Acquire Callenberg Technology Group

Wilhelmsen Maritime Services AS (WMS), a wholly owned subsidiary of Wilh. Wilhelmsen Holding ASA, said it has signed an agreement whereby technology subsidiary Callenberg Technology Group will be acquired by Trident Maritime Systems. "We have in Trident and their principal, J. F. Lehman & Company, found a strong new owner of Callenberg. Having a new owner that operates within the same technology areas creates a perfect environment for employees, customers and future growth of Callenberg with Trident," said Dag Schjerven, president and CEO of WMS. "Through this natural combination, we will significantly expand our technical capabilities and geographic reach," said Tom Eccles, CEO of Trident.

31 May 2016

Mothballed Vessels SE Asia Reflect Oil Slump Pain

Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of companies that help preserve equipment and provide security for vessels parked around southeast Asia are busier than they have been for years. A popular lay-up anchorage near Indonesia's Batam island, a short hop from Singapore, is growing crowded, and firms such as Ocean Shipcare and Brubay Shipcare are running out of space at another at Brunei Bay, near Labuan, off northern Borneo. "Where do we go next? It's a good question, because we are trying to explore some other areas also," said Kanen Senasendram, base manager at Ocean Shipcare, which operates in Brunei Bay. He says he may need to hire more staff.

28 Jan 2016

Interview: Frederic Fontarosa, WSS Ships Agency

Frederic Fontarosa

Wilhelmsen Ships Service (WSS) is aiming to consolidate its position within the Ships Agency segment by building stronger agent-customer relationships. By doing so, Frederic Fontarosa believes the firm can offer enhanced efficiency, understanding and value. Frederic Fontarosa is a people person. Mixing an easy going, laid back French-American drawl with suddenly energetic outbursts on subjects close to his heart, he’s engaging to talk to and easy to like. Seated  in his Houston office…

23 May 2016

Nominations Open for SHIPPINGInsight Award

Nominations are now being accepted for the 2016 SHIPPINGInsight Award. The annual award will be presented at a gala luncheon on the opening day of the fifth SHIPPINGInsight Fleet Optimization Conference & Exhibition, Oct. 18, in Stamford, Conn. “The SHIPPINGInsight Award is given annually to a shipping company and its technology partners for the successful implementation of an innovative technology or initiative that advances the state-of-the-art in ship and fleet automation,” said SHIPPINGInsight co-director Jim Rhodes. The winners will receive a binnacled captain’s clock in a polished wooden case with an engraved plaque, along with a framed certificate. Entry forms may be downloaded at www.shippinginsight.com/awards-2.

26 May 2016

WSS: Post-combustion Fuel Treatment Cuts Vessel Costs, Risk

Exhaust gas boilers (Photo: WSS)

Wilhelmsen Ships Service, a provider of products and services to the shipping industry, is advising vessel operators to wage war on soot. According to WSS, soot accumulation in a ship’s exhaust gas boiler (EGB) is a serious issue, leading to reduced EGB efficiency, significant cleaning costs, corrosion, and the risk of soot fires. However, a simple post-combustion fuel treatment can solve all these problems, at negligible cost. Refined heavy marine fuels are full of contaminants, such as Vanadium, Sodium, Aluminium, Silica, and Potassium, which leave deposits when burnt.

17 Sep 2015

Wilhelmsen CEO Fends off Margin Pressure

Logistics group Wilh. Wilhelmsen Holding and its listed shipping arm, Wilh. Wilhelmsen ASA, presented an update to their strategy on Thursday. "We are very much correlated to world trade. We are a bet on the world economy. "We do see margin pressure and commoditisation in some parts of our portfolio. I don't think that is anything new in any business but we must be vigilant and dedicated to continuously adapt to the changes. "We're seeing a margin pressure that needs a little bit more proactivity from our side than earlier. "If we look at the contribution from the last five years, more of half of the contribution is coming from non-shipping related business.

13 Oct 2015

Wilh. Wilhelmsen, Callenberg Win SHIPPINGInsight Award

Wilh. Wilhelmsen ASA and Callenberg Technology Group were presented the 2015 SHIPPINGInsight Award was today at the SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition in Stamford, Conn. The annual award honors a shipping company and its technology partners for the implementation of an innovative technology or initiative that advanced the state-of-the-art in fleet optimization. Callenberg developed an innovative engine room energy management technology solution for Wilh. Wilhelmsen that reduced wasted energy through capacity-driven control and management of engine room ventilation systems. The Callenberg technology alters the ventilation and combustion air supply to meet the demand of fresh air to the engine room.