Wallenius Lines adds Don Juan and Turandot to its fleet
Swedish shipping company Wallenius Lines, led by CEO Erik Nøklebye, has acquired two vessels — Don Juan and Turandot, both built in 1995 with a capacity of about 5,846 cbm. The transaction amount has not been disclosed.
According to the company, the acquisition aims to strengthen Sweden’s maritime expertise and increase tonnage capacity to meet the needs of society and the armed forces, if required.
Fleet expansion
With these additions, Wallenius Lines’ fleet now numbers eight vessels.
CEO Erik Nøklebye stated:
“These vessels still have the cargo capacity to meet today’s requirements. For us, sustainability also means making efficient use of existing assets throughout their entire lifecycle. With the right fuel, they can remain in service for many years.”
-
Don Juan will begin charter operations in Asia in early September.
-
Turandot is expected to enter service by the end of the year.
Both vessels will remain under the technical management of Wallenius Marine.
Partnerships and growth
Headquartered in Stockholm, Wallenius Lines is part of the Soya Group and holds stakes in several major shipping companies:
-
together with Japan’s NYK, it co-owns United European Car Carriers (UECC),
-
through Wilh. Wilhelmsen, it is a major shareholder of Wallenius Wilhelmsen, listed on the Oslo Stock Exchange.
In the past year, Wallenius Lines also expanded its fleet with three vessels: a car carrier from Hoegh Autoliners and two RoRo vessels from Wallenius SOL, its joint venture with Svenska Orient Linien.
