Wallenius Wilhelmsen Archives - The Loadstar

Bjørnar Bukholm returns to Wallenius Wilhelmsen as CFO

Gavin van Marle — Fri, 01 Nov 2024 11:39:52 +0000

Wallenius Wilhelmsen has appointed Bjørnar Bukholm (above) as its new chief financial officer, replacing Torbjørn Wist, who leaves the company on 1 December.
Mr Bukholm will start next May and, in the interim, the CFO role will be undertaken by Jermund Lien, currently SVP global business performance management.
The move represents a return to Wallenius Wilhelmsen for Mr Bukholm, who spent nearly eight years at the car-carrier, holding several positions mainly within ...

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Shippers will have to foot the final bill for ‘greener’ shipping

Charlotte Goldstone — Thu, 11 Apr 2024 12:42:57 +0000

Carriers will have to rely on cargo-owners’ willingness to pay a healthy surcharge for greener shipping, in order to recover the cost of ‘significantly more expensive’ green methanol fuel.
Yesterday, Alphaliner reported that carriers could sell ‘green slots’ on conventionally fuelled vessels, on condition they do not sell more ‘green teu miles’ than those actually created on carbon neutral ships.
In other words, if a carrier had just one ship of ...

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Wallenius Wilhelmsen could see $10m hit from car-carrier stranded at Baltimore

Gavin van Marle — Thu, 04 Apr 2024 12:45:55 +0000

Wallenius Wilhelmsen could suffer a $10m financial hit after the collapse of the Francis Scott Key Bridge stranded its car-carrier Carmen in Baltimore harbour.
The Carmen was making preparations to leave the port at the time of last week’s allision, which caused the bridge to collapse, blocking the harbour access channel.
“The suspension of all vessel traffic into and out of the port of Baltimore until further notice has obvious implications, both ...

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Ro-ro services set for months of delays after Baltimore bridge disaster

Alexander Whiteman — Thu, 28 Mar 2024 13:15:36 +0000

Ro-ro services through the US east coast are set for months of delays, following the accident that claimed the lives of six people and destroyed a Baltimore bridge.
Carriers, including Hapag-Lloyd and Maersk, have suspended bookings to the Helen Delich Bentley Port of Baltimore, while a K-Line chartered car-carrier and another belonging to Wallenius Wilhelmsen are marooned at the port while authorities work to clear the blockage.
Metro Shipping advised customers it ...

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Some ro-ro operators carry on sailing, even as Red Sea conflict heats up

Alexander Whiteman — Fri, 12 Jan 2024 12:45:04 +0000

Some ro-ro operators are chancing their vessels transiting the Red Sea, just as the crisis deepens with the UK, US and others launching airstrikes against Houthi targets in Yemen.
News broke late last night that the US and UK governments, with tactical support from Australia, had begun retaliatory strikes against the Iran-backed militia that has waged a two-month assault on vessels it accuses of supporting the Israeli war in Gaza.
While box ...

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COP28: ‘Close the gap’ between fossil and new fuels, demand shipping lines

Alex Lennane — Fri, 01 Dec 2023 15:19:16 +0000

The CEOs of major European shipping lines have used COP28 to make a joint statement today, demanding more climate action from IMO.
The proposed measures, suggested by CMA CGM, Hapag-LLoyd, Maersk, MSC and Wallenius Wilhelmsen, include the imposition of well-to-wake, rather than tank-to-wake, emissions measurements as standard in regulation and communication – ensuring that fossil majors could not greenwash fossil fuels by converting them into grey/brown hydrogen at equivalent or greater ...

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Demand for used cars in Russia drives up boxed vehicle traffic at Incheon

Alexander Whiteman — Fri, 10 Nov 2023 12:06:55 +0000

Incheon, South Korea’s largest port for second-hand vehicle exports, has reported a surge in outgoing containerised used cars due to demand from Russia.
In the first nine months of the year, containerised exports of used cars climbed six-fold, to 290,279 units and, including those moved by car-carriers, exports were up 67% year on year, at 366,585 units.
Incheon, the main gateway into the Seoul metropolitan area, accounts for 90% of South Korea’s ...

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Li-ion batteries pose a risk to freight ro-ro services

Nick Savvides — Mon, 27 Feb 2023 12:03:45 +0000

Lithium-ion (li-ion) battery fires on board containerships have already claimed a couple of high-profile victims, the X-Press Pearl and perhaps the Maersk Honam.
Less well understood, but still a great threat, is the risk posed by electric vehicles (EVs), which are stacked full of li-ion batteries, to car carriers, or the risks involved in the carriage of used EVs on ro-pax vessels.
The loss of the Felicity Ace in the Atlantic last ...

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Auto industry slammed for ‘blasé approach’ to danger of EV fires on ferries

Nick Savvides — Fri, 24 Feb 2023 13:43:45 +0000

Ocean safety agencies have criticised the automobile and battery industries, claiming manufacturers are not taking the safety issues involved in moving electric vehicles (EVs) seriously enough.
The criticisms come as fears grow that an EV fire on board a ro-ro ferry would pose more serious challenges than a standard fire, as lithium-ion batteries are known to burn at ultra-high temperatures and the usual remedy – to douse the blaze with water ...

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Orders flood in for car-carriers as vehicle demand outstrips capacity

Nick Savvides — Wed, 25 Jan 2023 14:07:59 +0000

The new year has seen a flood of orders for new car-carrier vessels, some from motor manufacturers opting to order their own ships to try and shift the logjam in automotive supply chains.
One expert explained that the industry was experiencing major congestion, from a shortage of truck drivers and equipment such as low loaders, and not enough vessel capacity to meet increasing demand, boosted by requirements for more electric vehicles.
He ...

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