marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Wallenius, SOL Join Forces to Launch New Firm

April 23, 2019

Two Swedish shipping companies - Wallenius and Swedish Orient Line (SOL) - have formed a shipowning joint venture that will sail from ports in Sweden and Finland.

The company has five ships so far and plans to order four LNG-powered newbuilds to operate ice-class vessels for the forestry product trades in the Gulf of Bothnia and Baltic Sea area.

The new Nordic joint venture, named WALLENIUS SOL,  is to strengthen the infrastructure for the needs of Finnish and Swedish industry. The first customers to sign long-term agreements are Stora Enso and Metsä Board.

”Together we can offer a strong mix of experience and competence, which can support a growing forest industry”, said Ragnar Johansson, Managing Director WALLENIUS SOL.

”Wallenius has experience from industrial shipping, ship owning, ship building and ship management. SOL brings the competence of logistics from forest industry and other types of cargo in this geographical area,” Ragnar added.

WALLENIUS SOL will have service in the region around the Baltic Sea including Gulf of Bothnia, operating from five ports with regular calls to the continent and the UK.

WALLENIUS SOL can offer cost-efficient, operationally efficient and sustainable transports to the forest industry and other customers.

Logistics News

Gulf Oil Producers Build Tanker Fleet as Security Risks Mount Around Hormuz

Gulf Oil Producers Build Tanker Fleet as Security Risks Mount Around Hormuz

Russia Extends Diesel Export Ban Until Year End

Russia Extends Diesel Export Ban Until Year End

Dockworkers Strike Against Arms Shipments at More Than 100 Ports Globally

Dockworkers Strike Against Arms Shipments at More Than 100 Ports Globally

NorthPort Receives Four New Hybrid RTG Cranes

NorthPort Receives Four New Hybrid RTG Cranes

Subscribe for Maritime Logistics Professional E‑News

Oil giants rush in to help Italy's Meloni reduce energy costs by introducing fuel price caps
US FAA: Boeing 737 MAX software bug poses no safety concern
Smoke in the cabin causes emergency landing of a Boston bound Delta flight in Portugal