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Displaying items by tag: Major newbuild order

Norwegian shipping operator Wilson ASA, a leading European player in the short-sea market, announced the signing of up to 14 newbuildings.

The Bergen based shipping company's latest chartered in Hanse Eco-Trader as Afloat reported last week, has also signed for a significant newbuilding contract.

This fleet expansion is to involve the construction of six state-of-the-art 3,800 dwt future-proof newbuildings with a focus on environmental benefits, flexibility, and efficiency. 

In addition, Wilson also declared an option for eight more vessels, totalling the order to 14 vessels. This milestone underscores the company's commitment to a sustainable and forward-looking maritime industry.

The contracted newbuildings will reduce environmental impact and enhance efficiency.

Vessels will be designed to meet and surpass environmental standards required in today's maritime industry and it is a step in the right direction to further reduce the shipping carbon footprint.

The vessel will be equipped with energy-efficient machinery, optimized hull design, and systems for optimal resource utilization and fuel savings. In an ever-evolving industry, Wilson believes flexibility is key, and the newbuildings will be designed to adapt to a wide range of fuel and energy types going forward.

With this order, Wilson strengthens its position as a modern and responsible player in the maritime industry. The plan is for the newbuildings to be ready for delivery by early 2025.

It will further strengthen Wilson's commitment to sustainable and efficient maritime transportation and ensuring the company's ability to deliver flexible and efficient services to our clients.

The newbuildings will also contribute to enhanced operational excellence for the operator's fleet.

Published in Ports & Shipping

About Arklow Shipping

Arklow Shipping Limited, one of Ireland's leading shipping companies, has marked over 50 years of operation following its establishment in 1966.

The company, which began with a fleet of seven ships, has grown steadily over the years and now boasts a fleet of 59 vessels.

The company was founded by Captains James Tyrrell, Michael Tyrrell, and Victor Hall, who collaborated to create an umbrella company to operate their ships. This move allowed them to reduce overheads and strengthen their position in the market. The original fleet comprised seven ships, namely Tyrronall, Murell, Marizell, Valzell, Kilbride, River Avoca, and Avondale, all of varying sizes.

The shipping industry in Ireland underwent a significant transformation in the 1960s, with the replacement of traditional auxiliary schooners with modern crafts.

Arklow Shipping was at the forefront of this change, and the founders recognized the need for a new approach to shipping in Ireland. They built a company that could adapt to the changing market demands, and this has been a key factor in the company's continued growth.

Over the years, Arklow Shipping has bought, sold, and built ships, facing the challenges and opportunities that come with operating in the shipping industry. Despite these challenges, the company has remained committed to meeting market demand and providing high-quality services to its clients.

Today, Arklow Shipping is a leading player in the shipping industry, with a strong reputation for reliability and professionalism. The company's success story is a testament to the vision and dedication of its founders, who laid the foundation for a company that has stood the test of time.