Swedish Orient Line and Wallenius formed new shipping company Wallenius Sol

Market: Panels
Posted May 17, 2019

Wallenius Sol is a new shipping company that will transport forestry products and other goods in a network covering the Gulf of Bothnia, the Baltic Sea and the North Sea. Founders are the two shipping companies Wallenius and Swedish Orient Line, SOL. The first customers to sign long-term agreements are Stora Enso and Metsä Board, as the company says in the press release received by Lesprom Network.

“We rely on efficient and sustainable transports for our products”, says Knut Hansen, SVP Logistics Global, Stora Enso. “The partnership with Wallenius Sol will enhance our opportunities to compete globally, while at the same time the new vessels will reduce environmental impact”.

Specially designed vessels built to Finnish/Swedish ice class 1A Super will ensure year-round service, even in the the Gulf of Bothnia. The fleet in service in the Baltic Sea will initially consist of five vessels. Up to four new vessels are ordered and delivery of the new vessels are planned for 2021. These vessels will be LNG-powered and will also have other features that make these vessels the most environmentally efficient vessels in the area.

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