Wallenius Wilhelmsen News

Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a multi-year contract with a leading global player in the premium car segment, valued at more than $1 billion.Spanning three years, the contract covers both shipping and logistics services, as well as the use of biofuel.The contract started between January and April 2024 with rates in line with current market levels, and also entails a mutual two-year extension option. “We see manufacturers shifting priorities and increasingly looking for solutions which provide predictability in their supply chains.

Norwegian car shipping firm Wallenius Wilhelmsen estimates a $5 million to $10 million hit to core earnings from last week's U.S. Baltimore bridge collapse and expects the key ship channel to be closed for weeks, it said on Wednesday.The company said its vessel Carmen - which according to shipping data is among the biggest car carriers in its fleet - remained stuck in Baltimore's port, with the ship and its crew ready to sail as soon as the channel was reopened.Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday…

Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has declared options to build four additional next-generation Shaper Class pure car and truck carrier (PCTC) vessels. The 9,300 CEU methanol dual fuel vessels can utilize alternative fuel sources, such as methanol, upon delivery.They will also be ammonia-ready and able to be converted as soon as ammonia becomes available in a safe and secure way.These next generation vessels will play a key role in the introduction…

With a fleet of nine U.S.-flag RoRo ships, American Roll-On Roll-Off Carrier Group (ARC), is the U.S.’ premier commercial RoRo carrier of U.S. government and military cargo. As the world becomes an increasingly contentious place, Eric P. Ebeling, President & CEO, ARC, discusses the vast capabilities of the ARC fleet and logistics network, as well as the challenges and opportunities ahead for U.S.-flag ships in the international trade.By the numbers’ is a simplistic means to gauge the size and shape of any shipping company…

Wallenius Wilhelmsen has signed significant contracts whose combined worth amounts to $1.2 billion for the world’s largest RoRo vessel operator.The contracts have been signed with a leading global construction and mining equipment manufacturer, and with one of the largest automotive distributors in the Americas.The first multi-year shipping contract with equipment manufacturer has a duration of three years, plus a two-year extension option.It is valued at approximately $1 billion in total…

Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a multi-year shipping contract with South Korea’s construction machinery company and taken delivery of two vessels.Through its 80% owned subsidiary EUKOR, Wallenius Wilhelmsen welcomed the 2009-built, 6,600 CEU Morning Camilla vessel following the declaration of a purchase option under the long-term charter-in agreement.The purchase price is $30 million, well below the assessed charter-free valuation of around $70 million…

“The safety of our people is our number one priority,” said Wallenius Wilhelmsen in a statement indicating that until further notice it has decided to reroute all vessels to avoid the Red Sea area.“To monitor the ever-changing situation, we have developed a cross-functional team. Aside from ensuring safety, the team is evaluating operational, legal and commercial implications over the next couple of months.”All vessels planned for Red Sea transit will be re-routed to the Cape of Good Hope. The deviated routes will add an estimated 10-14 days in extra sailing time.U.S.

Norway’s Prime Minister Jonas Gahr Støre and US Special Presidential Envoy for Climate John Kerry are co-leading an international initiative to accelerate reduction of emissions from the shipping sector, and on December 1, during COP28, they chaired a new round of announcements under that initiative, the Green Shipping Challenge.Various countries and organizations proposed measures to reduce emissions from shipping. This year’s announcements include:• Amazon: Amazon and other…

The CEOs of leading global shipping lines issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the IMO to create the regulatory conditions to accelerate the transition to green fuels.The only realistic way of meeting the IMO’s 2030, 2040 and net-zero 2050 goals is to transition from fossil to green fuels at scale and at pace, they say.Their joint declaration calls for:• An end date for new building of fossil fuel-only vessels and a clear GHG Intensity Standard timeline to inspire investment confidence…

Pelagus 3D said Wednesday it had delivered a Return Oil Standpipe at Kobe, Japan, to be installed on Wallenius Wilhelmsen's RoRo vessel TYSLA. The collaboration involved Kawasaki Heavy Industries and Wilhelmsen Ship Management.Traditionally, the procurement, fabrication, and delivery of specific spare parts has been a time-consuming process, often leading to costly downtime for the maritime and offshore industries. However, with the advent of Additive Manufacturing (AM), also known as 3D Printing…

RoRo shipping company Wallenius Wilhelmsen has ordered 4 × MAN B&W 7S60ME-C10.5-LGIM (Liquid Gas Injection Methanol) dual-fuel engines capable of running on green methanol in connection with the construction of four pure car/truck carriers (PCTCs).The 9,300 CEU (Car Equivalent Unit) vessels will be built in China at the Jinling Shipyard (Jiangsu) and are scheduled for delivery from mid-2026 on. The order contains options for a further eight such vessels.Xavier Leroi, EVP & COO Shipping Services…

The world's largest RoRo shipping company Wallenius Wilhelmsen reports its vessel Torrens is the first to bunker B30 HSFO-biofuel in South Korea. The bunkering took place during a call at Masan Port as part of the vessel's regular sailing schedule.A drop-in fuel that can be used in existing engines without any modification or tank cleaning, HSFO biofuel is a HSFO blended with UCOME (bio feedstock). The number of suppliers worldwide offering this particular fuel is currently very limited…

Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a letter of intent for the delivery of four 9,350 CEU methanol-capable and ammonia-ready vessels and individual options for an additional eight vessels. The four vessels will be delivered from mid-2026 and onwards by Jinling Shipyard (Jiangsu). “We are securing our position as our customers' first choice in shipping and delivering on our strategy to provide a net-zero emission free end-to-end service by 2027,” says Xavier Leroi, EVP & COO Shipping Services Wallenius Wilhelmsen.

Wallenius Wilhelmsen has signed its first biofuel supply contract with ExxonMobil.The recently signed contract entails the delivery of sustainable biofuel within the second half of this year, aligning with Wallenius Wilhelmsen's strategic goal of achieving a net-zero emissions integrated supply chain service by 2027.The first biofuel delivery is scheduled for July. “The biofuel from ExxonMobil contains 30% biofuel and 70% conventional fuels. It is the best option we have available for decarbonization of the fleet today…

A group of partners led by Norwegian shipping company Wallenius Wilhelmsen has secured €9 million in EU funding to support the construction of an environmentally friendly wind-powered pure car and truck carrier vessel.The partners, who are currently working to plan and execute all aspects of building and operating the RoRo sailing vessel Orcelle Wind, aim to have the first-of-its-kind vessel ready for commercial trading within the next five years.The commercial maritime industry is exploring the use of wind power as both a main and auxiliary propulsion source as vessel owners…

Norwegian/Swedish RoRo shipping company Wallenius Wilhelmsen's new president and CEO, Lasse Kristoffersen, took up his new position June 1.Named to the role in November, Kristoffersen joins Wallenius Wilhelmsen ASA from Torvald Klaveness, where he has worked for the past 15 years, serving as president and CEO since 2011. “I have been looking forward to this day for a while now. I have spent the last few weeks building my knowledge about the company and will now focus on getting to know our clients and our people.

Norwegian RoRo shipping company Wallenius Wilhelmsen announced Monday it has suspended operations in Russia and Belarus indefinitely amid Russia's violent invasion of Ukraine.The company said it discontinued services into Russia and stopped taking cargo bookings on February 24, while cargo on the water heading for Russia was re-routed to alternative ports and future cargo bookings into the region have been delayed or canceled. "We have now decided to formally suspend our operations until further notice," Wallenius Wilhelmsen said."The invasion of Ukraine is a tragedy.

The unique mix of data and digital solutions approach developed by safety culture specialist SAYFR has been given added momentum from the Nordic venture fund Corinthian Venture Partners (CVP).CVP has invested nearly $3m in SAYFR’s share issue to scale up SAYFR’s SaaS offering. This solution comprises unique data insights and a set of digital products which improve organizational safety culture, improvements that can help to save lives and reduce accidents and environmental pollution.

Wallenius Wilhelmsen has recently celebrated the naming ceremony of the RoRo vessel MV Nabucco at the Port of Gothenburg.The ceremony was live-streamed from Gothenburg, with only a select group attending due to the recent increase in Covid cases. MV Nabucco is the last in a line of four HERO class sister ships, Wallenius Wilhelmsen said.To signify the vessel’s sustainable features, and the company’s ambitious sustainability agenda, a bottle-shaped ice sculpture was smashed against the hull…

Norwegian/Swedish RoRo shipping company Wallenius Wilhelmsen on Monday named Lasse Kristoffersen as its CEO. Kristoffersen will start in his new role no later than June 1, 2022, the company said.Rune Bjerke, Chair of the Board:"We are very pleased to welcome Lasse Kristoffersen to Wallenius Wilhelmsen. With his background and experience, we are confident that he, together with our experienced team, will continue to strengthen the company’s competitive advantage, for the benefit of our customers…

Norwegian shipowner Wallenius Wilhelmsen said it has taken delivery of Nabucco, the fourth and final vessel in a series of new high-efficiency RoRo (HERO) car carriers.The highly efficient post-Panamax vessels, built by China's Tianjin Xingang Shipbuilding, are each 200 meters long, with capacity of a LCTC and capability similar to a Mark IV. Nabucco and sister ships Tannhauser, Titus and Traviatahas each have capacity to carry 7,700 vehicles.The newly-delivered Nabucco has started…

Norwegian/Swedish ro-ro shipping company Wallenius Wilhelmsen will reactivate the last three of its vessels that were placed in cold layup in the spring of 2020 due to the COVID-19 pandemic, citing rising rates and demand."Reactivation will take place in Q3, and the intention is that reactivated vessels will replace capacity sourced through short-term charters," Wallenius Wilhelmsen said.Earlier this year Wallenius Wilhelmsen decided to reactivate up to 12 of the 15 vessels placed in layup last spring.

Norwegian/Swedish shipping company Wallenius Wilhelmsen announced its CEO, Craig Jasienski, has stepped down from his role and left the company effective March 8.The car carrier operator said its current CFO, Torbjørn Wist, will assume the role of acting CEO while it works to find a replacement for Jasienski, a 30-year Wallenius Wilhelmsen employee.Wist joined Wallenius Wilhelmsen as EVP and CFO on October 1, 2020. He has previously served as EVP & CFO in Scandinavian Airlines…