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Europe's Largest Short-Sea Operator Wilson Says No Newbuilds on Horizon as It Posts Record Profits

5th September 2022
Charterers chasing a tightly tonnaged small-ship fleet are swelling the coffers of Norwegian owner Wilson ASA, whose blue-hulled cargoships trade in Irish waters. Among the largest short-sea shipping fleet in Europe is Wilson Cork as above berthed at the cargoship's namesake port while alongside the city's South Quays. The same 4,450dwt ship features on the front cover of Wilson's quarterly report which announced record profits.
Charterers chasing a tightly tonnaged small-ship fleet are swelling the coffers of Norwegian owner Wilson ASA, whose blue-hulled cargoships trade in Irish waters. Among the largest short-sea shipping fleet in Europe is Wilson Cork as above berthed at the cargoship's namesake port while alongside the city's South Quays. The same 4,450dwt ship features on the front cover of Wilson's quarterly report which announced record profits. Credit: WilsonShipASA/facebook

Norwegian based small-bulker shipping giant Wilson ASA of Bergen has turned in a booming second quarter result with its fleet of over 100 owned vessels under 8,500 dwt.

The Oslo-listed owner and operator is keen to use some of the money on fleet renewal in the form of secondhand purchases, but no newbuildings are on the horizon, chief financial officer Stig Vangen.

“Last year was already a very good year and this year we are already almost at the same result level of full-year 2021,” he said to TradeWinds which has more here. 

Afloat adds that on an annual basis, Europe's largest short-sea operator, Wilson ASA transport about 15 million tonnes dry cargo throughout the continent and with approximately 10,000 port calls a year.

As a fully integrated shipping company, they handle in house: chartering and operations, ship management, marine accounting, crewing, purchasing, legal and insurance. This involves employing about 2,000 staff employees with a head office in Bergen and branch offices strategically located in Europe.

Their blue-hulled cargoships ranging from 1,500-8,500dwt commonly trade in Irish waters. Among them Wilson Blyth (3,713dwt) which in 2015 made a most unusual call to Dun Laoghaire Harbour to enable a project cargo bound for the Guinness St. James Gate Brewery in Dublin. 

The Wilson Blyth which recently sailed to Dublin Port from Rouen, France, has departed the capital's port this afternoon bound for El Ferrol, Spain.

Afloat has also identified another example of their extensive fleet operating in Irish waters, the Cork Wilson (4,450dwt) as pictured above aptly at the ship's namesake port city when berthed at the South Quays nearby to the former R&H Hall silo.

The 1998 built cargoship at just shy of 100m length overall, also features on the front cover of the Wilson quarterly report (download in Norwegian), with the vessel seen on the same occasion during the call to the Port of Cork.

Further research reveals that other Irish Ports form the ship names of the following cargoships; Wilson Dunmore, Wilson Dundalk, Wilson Dublin and Wilson Drogheda respectively. In addition they are all of the 3,000dwt plus category. 

Published in Ports & Shipping
Jehan Ashmore

About The Author

Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals. 

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