"The invasion of Ukraine is a tragedy. Our deepest sympathy goes out to the
people of Ukraine and our thoughts are with the millions of innocent people
directly affected," says Torbjørn Wist, acting CEO and CFO at Wallenius
Wilhelmsen, who suspends operations in Russia and Belarus until further notice.
"Our main concern is the safety and well-being of our employees and partners. We
have employees in Russia and partners in Ukraine."
As a global company, Wallenius Wilhelmsen adheres with international sanctions.
Wist says: "We are a Norwegian company, we follow the rules and sanctions
imposed by the Norwegian authorities."
The company discontinued services into Russia on February 24, and stopped taking
cargo bookings at the same time. Cargo on the water heading for Russia were
re-routed to alternative ports. Future cargo bookings into the region have been
delayed or are cancelled. We have now decided to formally suspend our operations
until further notice.
It's a fluid situation and it changes by the hour. Wallenius Wilhelmsen has
limited direct exposure in the region, and the company continues to monitor the
impact on colleagues and operations.
For further information, please contact:
Investor relations: Anette Orsten, VP Global Treasury & IR.
Tel: +47 980 67 912, email: anette.orsten@walwil.com
Media relations: Anette Maltun Koefoed, VP Corporate Communications.
Tel: +47 975 87 999, email: anette.maltunkoefoed@walwil.com
About Wallenius Wilhelmsen
The Wallenius Wilhelmsen group (OSE: WAWI) is a market leader in RoRo shipping
and vehicle logistics, transporting cars, trucks, rolling equipment and
breakbulk around the world. The company operates over 130 vessels servicing 16
trade routes to six continents, and a global inland distribution network,
processing centers, and marine terminals all over the world. The Wallenius
Wilhelmsen group consists of Wallenius Wilhelmsen Ocean, Wallenius Wilhelmsen
Solutions, EUKOR and ARC. The group is headquartered in Oslo, Norway with 8,200
employees in 29 countries worldwide.