Wilhelmsen Drops Acquisition of Drew Marine
A US District Court for the District of Columbia announced that it will grant the Federal Trade Commission’s (FTC) motion for an injunction to block Wilhelmsen’s acquisition of Drew Marine Technical Services.Consequently, Wilhelmsen and Drew have agreed to abandon the transaction.“We disagree with the views of the US competition authorities. This would have been an important strategic investment for our group, which we believe would have meant better services and better prices for our customer.
Nyheim, Wang Join Wilhelmsen as Vice Presidents
As part of reshaping the executive team, the Wilhelmsen group adds two senior vice presidents to its group management team. Mr Erik Nyheim will be responsible for Wilhelmsen’s investments in ships service (marine products and agency), safety products and solutions (Survitec), governmental services and Qube, while Mr Jan Eyvin Wang will be responsible for following up ship management, insurance services, Treasure ASA and NorSea Group. “I am pleased to see Erik and Jan Eyvin joining our team,” says Thomas Wilhelmsen, group CEO at Wilhelmsen.
Trident to Acquire Callenberg
Trident Maritime Systems (Trident), a portfolio company of J.F. Lehman & Company (JFLCO), signed a definitive agreement to acquire Callenberg Technology Group (Callenberg) from Wilhelmsen Maritime Services AS. Callenberg designs, assembles, integrates, and supports HVAC, electrical energy management, and insulation systems for commercial and government vessels around the world. It is headquartered in Gothenburg, Sweden and employs approximately 900 employees in 14 countries. Trident is an independent provider of turnkey marine joiner…
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.
Diana JV with WSM
Dry bulk shipping company Diana Shipping and Wilhelmsen Ship Management (WSM) have joined forces in a new 50/50 joint venture named Diana Wilhelmsen Management Limited (DWM). DWM, to be based in Limassol, Cyprus, and will commence operations by the end of June. It will begin operations by providing management services to "a limited number of vessels of Diana Shipping's fleet" and ultimately plans to provide management services to unaffiliated third-party vessel operators. “With our joint venture we see the best from two well established organisations.
All On board for Norway Night
More than 240 senior executives from the global maritime industry attended the inaugural Norway Night this eveningas part of Singapore Maritime Week. The gathering at The Lantern, Fullerton Bay Hotel was to celebrate the maritime links between the two nations and strengthen this partnership for the future. Guests enjoyed Norwegian seafood and music as they mingled on the rooftop. They included Minister of Transport Lui Tuck Yew and Norway’s Deputy Minister Dilek Ayhan. Norway’s Ambassador to Singapore, Mr Tormod C.
Training to Prevent Marine Accidents & Deaths
Reducing accidents depends on knowledge, skill and just as importantly, attitude, says the Indian Maritime Administration. And, human error is not always just seafarer error. As the government of India strives to raise India’s share of the global seafaring community from 7 to 15 percent by 2020, at the same time, it struggles with the reality of an escalating death rate attributed to accidents and suicides among Indian mariners. According to the casualty figures released by the Directorate General of Shipping…
Zhurbenko Named DA-Desk Agency Relationship Manager
DA-Desk, an independent provider of port cost management services, today announced the promotion of Anna Zhurbenko to Agency Relationship Manager, replacing the retiring head of the department, Bert Hoogenboom. Zhurbenko, who has been with DA-Desk since 2011, was formerly Assistant Operations Manager. In her new capacity, Zhurbenko will focus foremost on developing new services designed to provide value to agents and owners/operators alike. As such, she will build on the recently introduced TRACEcertification program…
WSM Opens New Bergen, Norway, Office
Wilhelmsen Ship Management (WSM) has opened a new ship management office in Bergen to serve the offshore sector. The largest growth in Norwegian shipping takes place in the offshore segment. Other ship owners in the region have also grown significantly. The new operation in Bergen is a consequence of this growth. We wish to be closer to these customers to offer our experience in vessel operation and manning service,” says Haakon Lenz, regional manager WSM Europe. The new office will be collocated with Wilhelmsen Ships Service (WSS) at Skoltegrunnskaien 1, Bergen.
Dubai Trade Award for WSS
Wilhelmsen Ships Service (WSS) awarded 'Freight Forwarder of the Year' prize at the Dubai Trade awards ceremony. The awards recognise the achievements of the region’s most active online performers and were attended by representatives from DP World and Dubai Trade as well as key dignitaries from the government and private sector and executives from manufacturing and trading companies and supply chain service providers. Wilhelmsen Ships Service AS is part of Wilhelmsen Maritime Services, a Wilh. Wilhelmsen Group Company.
Wilh. Wilhelmesen Holdings Report Profits in Q2 2012
Growth in shipping earnings & rebound by maritime services segment lift operating profit in second quarter 2012. Operating profit for the second quarter was USD 139 million (USD 71 million), an increase of 94% compared with the second quarter of 2011 and up 31% from the first quarter of 2012. Total income amounted to USD 972 million (USD 836 million), representing an increase of 16% compared with the similar period last year and an increase of 3% from the first quarter of 2012.
Wilhelmsen Ships Service acquires Nalfleet
Wilhelmsen Ships Service has signed a definitive agreement to acquire Nalfleet, the marine division of Nalco, the world's largest sustainability services company. Together with its Unitor chemical range, this will further strengthen and enhance Wilhelmsen Ships Service’s marine chemicals portfolio. Nalfleet provides marine water treatment chemicals and is a sales and technical service organisation supported by an international manufacturing and distribution system operating in more than 500 major ports around the world.
ShipX Auction Website for Maritime Assets
ShipX (www.shipx.org) is the new Internet auction site for shipping. With increased ship breaking and a new focus on liquidation of surplus stock to improve cash flow, ShipX offers the opportunity of maximizing asset value in a competitive bidding environment. ShipX allows sellers to expand their market and maximise the price at a reasonable cost. A maximum cost of sale is assured with the no sale, no fee policy. The auction fee is 3%, to a maximum of $990, only if the auction is successful. There is no membership fee for either sellers or buyers.
Wilhelmsen Q4 2009 Results
The Wilh. Wilhelmsen ASA (WW) maritime industry group achieved an operating income of USD 3.4 billion in 2008, up by more than 25% compared with 2007. The shipping and maritime services segments are the main contributors to the improved top line. The operating income for the year totalled USD 3 434.2 million, compared with USD 2 727.6 million in 2007. Net operating profit came to USD 351.6 million, compared with USD 265.7 million. Operating income for the fourth quarter amounted to USD 853.4 million, up from USD 740.1 million for the same period in 2007.