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In 2017, Wallenius Wilhelmsen Logistics was split into Wallenius Wilhelmsen Ocean and Wallenius Wilhelmsen Solutions, within the Wallenius Wilhelmsen Group. The former manages ocean-bound operations, while the latter provides land-based services to many industries, including the automotive, aerospace, and agricultural machinery sectors.
Wilhelmsen and Wallenius Lines each purchased 40% of the equity. Hyundai Motors and Kia split the remaining 20% equity stake. [2] It was re-branded to EUKOR. The two Korean carmakers continued to ship their products exclusively through the new joint venture. [3]
The Wallenius Wilhelmsen group trades under the main brands of Wallenius Wilhelmsen Ocean and Wallenius Wilhelmsen Solutions (formerly known as Wallenius Wilhelmsen Logistics), EUKOR, American Roll-on Roll-off Carrier (ARC), United European Car Carriers (UECC) and Armacup. Total income for 2019 was USD 3.9 billion [1] with 9,400 employees [2 ...
ARC is the largest US-flag Roll-on/roll-off carrier, and the second largest US-flag shipping line overall operating in international trade. [1]The company was founded in 1990, and is presently headquartered in Ponte Vedra Beach, Florida [2] and it is part of Wilh.
Wallenius Lines is a privately owned Swedish shipping company. The company was founded in 1934 by Olof Wallenius. Wallenius Lines is an investor and active owner within the global shipping industry, specifically the international car and roll-on/roll-off segment. Wallenius Lines is fully owned by Rederi AB Soya and part of the Soya Group.
M/V ARC Independence, formerly M/V Faust is a large ro-ro car carrier built in 2007 by Daewoo Shipbuilding & Marine Engineering for Wallenius Lines AB, Sweden.It is currently (since 2018 or 2019) operated by American Roll-On Roll-Off Carrier (ARC), having formerly served with Wallenius Wilhelmsen Logistics. [1]
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Wallenius Wilhelmsen Logistics "WW" (Wallenius Lines AB, Sweden, and Wilh. Wilhelmsen Holding ASA, Norway) Wilh. Wilhelmsen Holding ASA "Wilhelmsen" Western Bulk; Wilson ASA; Defunct. A. F. Klaveness & Co; Gerrards Rederi; Norwegian America Line