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WALLENIUS WILHELMSEN PUTS LAID-UP SHIPS BACK IN SERVICE

WALLENIUS WILHELMSEN PUTS LAID-UP SHIPS BACK IN SERVICE

Thursday, January 7, 2021 

In response to the challenging market conditions brought on by Covid-19 in 2020, ro-ro operator Wallenius Wilhelmsen put 16 vessels into cold lay-up, and is now planning to return up to nine of these vessels to sea, to replace capacity currently sourced through short-time charters.

Wallenius Wilhelmsen made the decision to recycle four vessels in its 123-strong fleet and put others into cold lay-up, essentially taking them out of service. While the pandemic is still very much part of reality, reduced capacity and rising rates in the charter market have led to the decision to bring vessels back into service. Plans are in place to reactivate these vessels during the first quarter of the year to replace capacity currently sourced through short-term charters.

“Flexibility in the fleet has been a core strategic choice since the inception of Wallenius Wilhelmsen, ensuring our ability to adjust the fleet to our needs and shifting market demand,” said CEO Craig Jasienski.

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