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NEW SHIPPING COMPANY TO OPERATE LNG-FUELLED RO-ROs IN BALTIC REGION

Wednesday, April 24, 2019 

Swedish Orient Line and Wallenius have jointly founded a new shipping company, Wallenius SOL, that has ordered four new LNG-fuelled ice-class vessels.

Wallenius SOL will transport forest products and other goods to and from ports in the Gulf of Bothnia, the Baltic Sea and the North Sea. Two customers have already signed long-term agreements - Stora Enso and Metsä Board.

”Together we can offer a strong mix of experience and competence, which can support a growing forest industry”, said Ragnar Johansson, MD Wallenius SOL. ”Wallenius has experience from industrial shipping, ship owning, ship building and ship management. SOL brings the competence of logistics from forest industry and other types of cargo in this geographical area”.

”We rely on efficient and sustainable transports for our products”, said 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”.

The company will operate initially with five vessels, and has ordered a further four dual-fuel ro-ros from the CIMC Raffles yard in China, for 2021 delivery, with Knud E Hansen retained for detailed design collaboration. The ships, which are intended to be the most environmentally efficient in the area, will each have two C-type LNG tanks, will be classed by LR and operate under the Swedish flag. At 241.7m length overall and 5,800 lane metres they will be the largest ro-ros with Finnish/Swedish ice class 1A Super. They are intended to ensure year-round service, even in the Gulf of Bothnia.

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