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With the merger completed between Wilhelmsen and Wallenius, Wallenius Wilhelmsen Logistics ASA (WWL ASA) starts trading under the ticker WWL, replacing Wilh. Wilhelmsen ASA at the Oslo Stock Exchange.

WWL ASA is among the ten largest listed shipping and logistics companies global[ds_preview]ly and will become a significant player on Oslo Børs. The new company brings together the shipping activities and assets of Wilh. Wilhelmsen and Wallenius Lines, and unites the ownership of the shipping and logistics businesses of EUKOR Car Carriers, WWL AS and American RoRo Carriers. The companies’ 130 vessels serve more than 15 trade routes to six continents for all major vehicle, construction and mining equipment manufacturers.

As of today, Craig Jasienski is the new CEO and Rebekka Glasser Herlofsen the new CFO of Wallenius Wilhelmsen Logistics.

Craig Jasienski (Photo: WWL)
Craig Jasienski (Photo: WWL)

»The Car and Ro-Ro shipping markets have changed significantly in recent years, and will face considerable change. Changes in manufacturing, technology, artificial intelligence, regulations and commercial demand will alter the world of transport as we know it.  With 156 years of experience in shipping and logistics, we have survived and grown by being pioneers and driving change.  Gathering our forces in WWL ASA, we are poised to take full advantage of the opportunities created in this dynamic marketplace,» says Craig Jasienski.

As resolved in the extraordinary general meeting in Wilh. Wilhelmsen on 25 January 2017, the board of directors of Wallenius Wilhelmsen Logistics shall with effect from today, and for a period of two years, consist of HÃ¥kan Larsson (chairman), Thomas Wilhelmsen, Jonas Kleberg, Marianne Lie and Margareta Alestig.