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Press release |
Results for the third quarter 2021
underlying business performance, stable EBITDA, and increased profit from strategic investments, a fall in the market value of Hyundai Glovis led to a net loss of USD 99 million for the quarter. “Our Maritime Services segment recorded a 2% increase in top line
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Press release |
Results for the second quarter 2021
uplift in net profit over the first quarter for the Wilhelmsen group ending at USD 89 million, supported by increased EBITDA from all operating companies and improved contributions from associates and investments. “We saw positive development in all our operating
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Press release |
Wilhelmsen and NorSea prepare for potential new chapter in the ocean story – marine minerals
Wilhelmsen and NorSea have together acquired a 18% stake in innovative Norwegian deep-sea mining company Loke Marine Minerals “As the energy transition continues to gather pace, we are actively looking at new projects and business areas, outside of the oil
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Press release |
Results for the first quarter 2021
Wilhelmsen delivers a net profit of USD 16 million for the first quarter, lifted by increased EBITDA from operating companies. Contribution from associates and investments was modest. “Our Maritime Services segment delivered revenue in line with the previous
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Press release |
Wilhelmsen sets up to USD 500 million investment target for renewables
Wilhelmsen re-designs organisation of group portfolio to intensify growth of maritime services and renewable energy and decarbonisation. “Our strategy is very clear, we will contribute to the energy infrastructure transition and be an active player in decarbonisation
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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
fast-track critical 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
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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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