Wilh. Wilhelmsen

Wilh. Wilhelmsen Holding ASA
Type Public (OSE: WWI)
Industry Shipping
Founded 1861
Headquarters Lysaker, Norway
Key people Thomas Wilhelmsen (CEO)
Diderik Schnitler (chair)
Employees 16,000 incl landbased organisation, joint ventures and seafareres (2009)
Website www.wilhelmsen.com
References: Figures from annual report 2009 [1]

Wilh. Wilhelmsen Holding ASA (WWH)[1] is a global maritime industry group, headquartered in Lysaker, Norway. The group employs approximately 16,000 people and has operations in 73 nations.

The WW group had an operating profit of USD 240.8 million United States dollar according to 2009 figures published in February 2009[2] and is listed on the Oslo Stock Exchange. It was founded on 1 October 1861 in Tønsberg. Though the company's first vessel was the Mathilde in 1886, they started making profits only after the vessel "Talabot" in 1887. Thence, all their ships have been named, started with the letter "T", often leading to the same name given repeatedly to different ships over the ages . For example, there have been at least 4 ships named "Talabot" ranging from tankers to ro-ro vessels.

The ground floor of the head office also houses (close to the entrance) an honorary consul office. One of the underground chambers houses casks of Linea Aquavit that are carried in containers on their ships, and usually served at staff meetings and annual officer get-togethers in the ground floor. The first and second floors also house memoriblia from their various vessels.

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History

In 1861, the company was founded by Morten Wilhelm Wilhelmsen in the village of Tønsberg, Norway. During the next two decades, Wilhelmsen's fleet increased with an average of one ship per year and by 1886 Wilhelmsen was Tønsberg's largest shipowner.

In 1886, Wilhelmsen's eldest son, Halfdan Wilhelmsen joined the firm and was instrumental in the company's move from sail ships to its first steamship. In late 1887, the company acquired the 1,800-ton freighter, Talabot. The steamship was a profitable investment for the Wilhelmsens and the letter "T" became synonymous with the company's naming tradition for its vessels. (See above for trivia regading the fixation of the letter "T")

In 1890, Halfdan Wilhelmsen laid the basis of the company's core business - liner trades. In 1911 NAAL (The Norwegian Africa and Australia Line) was established.

Wilh. Wilhelmsen restructure

On 15 March 2010, the board of directors of Wilh. Wilhelmsen ASA (WWI) resolved to propose a new company restructuring in which the shipping and the logistics activities would be carried forward in a separate entity and establishing a new parent company for the group.[3]

Current Operations

Shipping

WW conducts shipping activities and specialises in roll-on roll off cargo, especially for large project and awkward cargoes like train coaches, small aircraft and large industrial machinery. This is aided by the fact that their ro-ro vessels have large ramps that can support up to 420 tonnes cargo weight at a time. Together with its partners (Eukor and Wallenius Lines), the group controls some 160 car and roll-on/roll-off carriers operating in a global network of trades. Its customers include the world's leading manufacturers of cars as well as construction and agricultural machinery. However, in the car carrier market, they are well behind MOL (the largest car carrier company) and NYK lines (the second largest car carrier company). Due to MOL and NYK having deep and historic relations with the large car manufacturers, it is improbable that this situation will change much. On an annual basis, WW’s shipping companies transport 5 million cars and 12 million cubic metres of high and heavy and non-containserised cargoes.

The group both owns and charters vessels, which are deployed in the fleets operated by subsidiaries Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll-on Roll-off Carrier.

Integrated logistics services

In association with maritime transport, WW offers various types of logistics service on land – terminal and technical services, procurement of inland transport and supply chain management for vehicles. In addition to well-developed logistical services offered through WWL, the WW group has interests in South Korea's Glovis, Australia's Kaplan and the two US companies American Auto Logistics and American Logistics Network.

Maritime services

WW’s wholly owned Wilhelmsen Maritime Services (WMS) subsidiary offers services like agencies in many ports. These earlier were marketed under the name "BARWIL" (named after Barber - Wilhelmsen).

Wilhelmsen Ship Management, the WMS crewing and management company, at one time managed roughly 290 vessels and has a pool of 8 000 seagoing personnel. However, as of 2010, they manage roughly 90 ships.

WMS also has the Wilhelmsen Ships Equipment - earlier called UNITOR services, which focuses on maritime systems and environmental solutions, while the newly established Wilhelmsen Marine Engineering is the leading independent supplier of electrical, automation and HVAC systems to the marine and offshore markets.

List of Current Wilhelmsen lines Ships

List of ships as of 2011 January:

Vessel name	Type	Operator	WW Ownership	Built	Flag
MV Tirranna	LCTC	WWL	100%	2009	NIS
MV Tijuca	LCTC	WWL	100%	2008	NIS
MV Toscana	PCTC	WWL	100%	2009	NIS
MV Torino	PCTC	WWL	100%	2009	NIS
MV Toreador	PCTC	WWL	100%	2008	UK
MV Tomar	PCTC	WWL	100%	2008	UK
M/V Tarifa	PCTC	WWL	Longterm T/C	2007	BAH
M/V Talia	PCTC	WWL	Longterm T/C	2006	BAH
M/V Taipan	PCTC	WWL	Longterm T/C	2006	BAH
M/V Morning Concert	PCTC	EUKOR	100%	2006	UK
MV Tombarra	PCTC	WWL	Longterm B/B	2004	UK
MV Toledo	PCTC	WWL	Longterm B/B	2004	UK
MV Topeka	PCTC	WWL	Longterm B/B	2004	UK
MV Tortugas	PCTC	WWL	Longterm B/B	2004	UK
MV Torrens	PCTC	WWL	Longterm B/B	2004	UK
MV Toronto	PCTC	WWL	Longterm B/B	2004	UK
MV Freedom	PCTC	ARC	50%	1997	US
MV Honor	PCTC	ARC	50%	1996	US
M/V Resolve	PCTC	ARC	50%	1994	US
M/V Integrity	PCTC	ARC	50%	1992	US
M/V Courage	PCTC	ARC	50%	1991	US
M/V Patriot	PCTC	ARC	50%	1987	US
MV Tancred	PCTC	EUKOR	Longterm B/B	1987	NIS
MV Trianon	PCTC	WWL	Longterm B/B	1987	NIS
[[M.V.Taishan]]MV Trinidad	PCTC	WWL	100%	1987	NIS
MV Tai Shan	PCTC	EUKOR	Longterm B/B	1986	NIS
MV Takara	PCTC	EUKOR	Longterm B/B	1986	NIS
MV Tasco	PCTC	WWL	100%	1985	NIS
M/V Liberty	PCTC	ARC	50%	1985	US
MV Tagus	PCTC	WWL	100%	1985	NIS
MV Terrier	PCTC	EUKOR	100%	1982	NIS
MV Tamerlane	Ro-ro	WWL	100%	2001	NIS
MV Talisman	Ro-ro	WWL	100%	2000	NIS
MV Tarago	Ro-ro	WWL	100%	2000	NIS
MV Tamesis	Ro-ro	WWL	100%	2000	NIS
M/V Endurance	Ro-ro	ARC	50%	1996	US
MV Tampa	Ro-ro	WWL	100%	1984	NIS
MV Taiko	Ro-ro	WWL	100%	1984	NIS
MV Texas	Ro-ro	WWL	100%	1984	NIS
M/V Tampere	Ro-ro	WWL	50%	1979	SIN
M/V Toba	Ro-ro	WWL	50%	1979	SIN
M/V Tapiola	Ro-ro	WWL	50%	1979	SIN
M/V Tourcoing

References

External links