Media, news and events list
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Press release |
Edda Wind orders two additional vessels and prepares for IPO
Wilhelmsen and Østensjø each own 50% of Edda Wind. Anticipating long-term growth for the renewable energy sector, the company has placed an order for two additional Commissioning Service Operation Vessels (CSOV), bringing its fleet up to eight. Launched in
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Press release |
Wilhelmsen takes a bigger stake in Edda Wind
Wilhelmsen’s ambition is to be a player in renewable energy and decarbonisation. Building on this ambition, Wilhelmsen acquired 25% of Østensjø Group's expanding offshore wind company Edda Wind in September 2020. The agreement included an option to buy another
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Press release |
Political support
The board of Wilh. Wilhelmsen Holding has decided to support Høyre with NOK 300 000 and Fremskrittspartiet with NOK 100 000 to strengthen their ability to implement their politics. - We believe Høyre and Fremskrittspartiet have the best political foundation
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Press release |
Motion Ventures debuts S$30M fund anchored by Wilhelmsen to pioneer innovations tackling maritime value chain challenges
validation points for product-market fit & scale paths for startups via a corporate consortium of investors & backing from the Singapore Government’s SEEDS Capital. SINGAPORE, 25 FEB 2021 - Motion Ventures, the consortium-driven investment fund powered by Rainmaking
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Press release |
Results for the fourth quarter 2020
Wilhelmsen delivers a net profit of USD 198 million for the fourth quarter lifted by increased profit in associates and a strong increase in financial asset values. “Income from our operating activities were on par with the previous quarter,” says Thomas Wilhelmsen
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Press release |
Wilhelmsen Ship Management becomes a member of the Sustainable Shipping Initiative
Wilhelmsen Ship Management (WSM) has become a member of the Sustainable Shipping Initiative (SSI), an alliance of key organisations that is driven to bring change to a more sustainable maritime industry. WSM joins other fourteen members spanning the shipping
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Press release |
WilNor acquires the Norwegian military naval base Olavsvern
WilNor Governmental Services AS (WGS), through its subsidiary company WGS Properties AS, has acquired 66% of the shares in the Olavsvern Group AS. WGS, a Wilhelmsen group company is a key logistics partner for the Norwegian armed forces and allied NATO forces
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Press release |
Results for the third quarter 2020
Wilhelmsen delivers a net profit of USD 146 million for the third quarter, up from USD 57 million in the second quarter. All the underlying businesses showed stable development, with improved net profit predominately driven by a strong uplift in market value
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Press release |
Results for the second quarter 2020
Wilhelmsen records a USD 57 million profit in the second quarter, supported by stable contribution from operating activities and recovery of financial asset values. “Slower global shipping activities had a negative effect on income for our maritime services
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Press release |
Results for the first quarter 2020
Good operational performance overtaken by significant fall in financial asset values. This resulted in a USD 284 million net loss for the Wilhelmsen group in the first quarter. Commenting on the quarter, Thomas Wilhelmsen, group CEO, starts with highlighting