Wilh. Wilhelmsen ASA comprises some 70 directly and indirectly owned subsidiaries, joint ventures and associated companies. Read below
Wilhelmsen Lines AS and its wholly-owned subsidiaries
Wilhelmsen Lines (WL) is a private limited liability company incorporated in Norway. WL is the main holding company for the Wilh. Wilhelmsen group’s activities, and is the holding company for Wilh. Wilhelmsen ASA’s engagement in the joint venture companies Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and the American Shipping and Logistics Group, in addition to holding several other subsidiaries and ownership interests.
The subsidiaries of Wilhelmsen Lines include:
Wilhelmsen Lines Shipowning (WLS) is a wholly-owned subsidiary of WL, incorporated in Norway. The company owns vessels, and is also the contracting party to certain time charters and bareboat charters. It also holds Wilh. Wilhelmsen ASA’s 6.5% share holding in the Norwegian company Norwegian Car Carriers.
Wilhelmsen Lines Car Carriers (WLCC) is a wholly-owned subsidiary of WL, incorporated as a limited company in the United Kingdom.
Wilhelmsen Ships Holding Malta (WSH Malta) is a limited company incorporated in Malta. WSH Malta is holder of Wilh. Wilhelmsen ASA’s 50% ownership interest in Wallenius Wilhelmsen Logistics and the 40% interest in EUKOR Car Carriers. The company is also party to the governing agreement implementing the de facto merger between Wallenius Wilhelmsen Logistics and EUKOR Car Carriers.
Wilhelmsen Lines Shipowning Malta (WLS Malta), a wholly-owned subsidiary of WL, incorporated in Malta.
Wilhelmsen Ships Holding (WSH), a wholly-owned subsidiary of WL, incorporated in Norway. The company holds a 49% interest in Fidelio Limited Partnership, see American Shipping and Logistics Group.
Tellus Shipping AS is a 50 % subsidiary, incorporated in Norway. The company charters in vessels operated by EUKOR and WWL.
Wallenius Wilhelmsen Logistics (WWL) is a joint venture between Wilh. Wilhelmsen ASA and Wallenius and was established in 1999. It is an operating company within both the shipping segment and the logistics segment. It operates most of the Wilh. Wilhelmsen ASA’s and Wallenius’ owned vessels. The company provides global transportation services for the automotive, agricultural, mining and construction equipment industries and its services consist of supply chain management, ocean transportation, terminal services, inland distribution and technical services. Wallenius Wilhelmsen Logistics is the contracting party in customer contracts with industrial manufacturers for cars, agricultural machinery etc.
EUKOR Car Carriers (EUKOR) is a joint venture between Wilh. Wilhelmsen ASA, Wallenius, Hyundai Motor Company and Kia Motors Corporation. EUKOR is party to contracts for ocean transportation of Hyundai and Kia cars out of Korea.
American Shipping and Logistics group (ASL) consists of several companies, all of which are established on a joint venture basis between Wilh. Wilhelmsen ASA and Wallenius. All companies in the ASL group are headquartered in the U.S. and consist of liner service operating companies, ship owning companies, and logistics services companies. The primary operating companies in the ASL Group are:
American Roll-on Roll-off Carrier, LLC (ARC) is the largest U.S. Flag Ro-Ro carrier and the third largest U.S. Flag carrier overall in international trade. ARC is a U.S. based company owned 50/50 by Wilh. Wilhelmsen ASA and Wallenius. ARC is the vessel-operating company in ASL Group, and provides Ro-Ro liner services in the US - international trades. ARC operates nine vessels. Eight are enrolled in the Maritime Security Program and all nine vessels are qualified to transport U.S. government cargo, U.S.-flag preference cargo, and commercial cargo. ARC is a strategic partner of choice providing port-to-port and end-to-end transport of heavy vehicles, automobiles, railcars, project cargoes and other equipment providing service excellence for its customers.
American Auto Logistics, LP (AAL) delivers total door-to-door logistics solution services, and is the contract service provider to the U.S. Government under the Global POV Contract . Under this program, AAL via its global network, transports vehicles and provides POV storage for military and U.S. government personnel stationed abroad.
Associates and others
Hyundai Glovis is incorporated in Korea and listed on the Korean stock exchange. Wilh. Wilhelmsen ASA holds a 12.5% share interest in Hyundai Glovis, directly and through WL. Hyundai Glovis’ principal activity is logistics and distribution services. The company provides overseas logistics services, including vehicle export logistics, air freight forwarding, ocean freight forwarding and international express service.
Shippersys is a Swedish company and a joint venture between Wilh. Wilhelmsen ASA, Wallenius Marine AB and the Norwegian meteorology company StormGeo AS. Wilh. Wilhelmsen ASA and Wallenius Marine AB both hold 25% of the venture with the remaining 50% owned by StormGeo.The company is focused on developing unique software solutions for the shipping industry.