Wallenius Wilhelmsen ASA signs letter of intent for four firm and eight optional vessels
Oslo (15.08.2023) Wallenius Wilhelmsen ASA has signed a letter of intent for
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 will be transformational in its efforts to combat climate
change. All new investments shall contribute to the net-zero agenda. As a
result, the vessel class will be named "The Shaper Class," showing the company's
commitment to this ambition.
"There is an urgent need for our industry to transform over the next couple of
years. As a company, we are determined to shape this industry and lead the way
to capitalize effectively on changing circumstances, as we grow with customers
and partners sharing our journey," says Lasse Kristoffersen, CEO and President
Wallenius Wilhelmsen.
"We believe that methanol is the fastest way to net-zero emission, and the
ordered vessels can upon delivery use alternative fuel sources such as methanol.
The vessels will also be ammonia-ready and can be converted as soon as green
ammonia becomes available in a safe and secure way," says Leroi.
Wallenius Wilhelmsen is the world's largest RoRo vessel operator and has set a
strategy to maintain a fleet of 125-135 vessels. New vessels are an integral
part of the fleet strategy, and the key to accelerating the journey towards
net-zero emissions.
"To secure our number one position, we will continue to deliver great services
with a competitive fleet, offering sustainable supply chain services both on
land and at sea. We are already partnering with our customers on reducing
emissions through biofuel. With the new vessels, we can accelerate our
operations towards net-zero. This requires new and more expensive fuels and we
are committed to securing this together with our customers as soon as it can be
made available," says Leroi.
For further information, please contact:
Anders Redigh Karlsen, Vice President Investor Relations & Market Insight
Tel: +47 994 20 293
Email: anders.karlsen@walwil.com
Anette Maltun Koefoed, Chief Communications and Marketing Officer
Tel: +47 975 87 999
Email: anette.maltunkoefoed@walwil.com
Pictures, please see the website:
https://www.walleniuswilhelmsen.com/who-we-are/media
About Wallenius Wilhelmsen:
The Wallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo)
shipping and vehicle logistics, managing the distribution of cars, trucks,
rolling equipment and breakbulk to customers all over the world. The company
operates around 125 vessels servicing 15 trade routes to six continents, a
global inland distribution network, 66 processing centers and eight marine
terminals. Headquartered in Oslo, Norway, the Wallenius Wilhelmsen group has
8,875 employees in 29 countries worldwide.
Read more at walleniuswilhelmsen.com