Tag: Wilhelmsen

The parties that participate decided this initiative as ship recycling standards and transparency are insufficient. This causes bad practices which are not punished, and good practices that are not rewarded. Shipbreaking is often carried out with few safety controls, increasing the risk to health and safety.

The US Federal Trade Commission informed that it will take the Norwegian company Wilhelmsen in court, regarding the company's plan to buy the US Drew Marine Group. According to FTC this deal will put marine water treatment chemicals market competition in danger.

A ship owner who has completed an IHM process for a vessel can achieve the vessel's compliance to the Hong Kong Convention and the EU Ship Recycling regulations. However, this is only the first step to compliance, as the owner must ensure continuous conformity of the Inventory, says Rick Power, Senior Manager - IHM at Wilhelmsen.

Thomas Wilhelmsen said that a conservative approach in shipping will not lead to success. This is showcased by many examples, in which companies proceeded to many changes, such as changing from sail ships to steam, from steam to diesel, and today adapting to the digital world.

Maritime industry group, Wilhelmsen Ship Management, announced that it will be relocating its global headquarters from Kuala Lumpur, Malaysia, to Singapore within the first quarter of 2018. The company made this decision as part of its recent initiatives to be nearer to current clients and also future market.

In one of the first data sharing pilot projects on the new DNV GL's Veracity industry platform, Wilhelmsen is testing a system to share ship compliance and condition data with port state authorities to reduce paper work and physical inspections when entering ports.

Wilhelmsen Ship Management says it is continuously developing its digital solutions. The company commits to digitalization by utilizing Big Data in its operations. Already, the WSM has deployed various digital reporting systems onboard as part of its ship management operations, having a wide data framework.

Wilh. Wilhelmsen ASA and Wilh. Wilhelmsen Holding ASA finally completed the merger between Wilh. Wilhelmsen ASA and Wallroll AB, including Wallenius Wilhelmsen Logistics, EUKOR Car Carriers, American Roll-on Roll-off Carrier and their vessels.

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.