Annual report

Purpose and strategy

Wallenius Wilhelmsen ASA (‘WALWIL’ or ‘Wallenius Wilhelmsen’), through its operating companies, is the market leader in the finished vehicle logistics segment, offering ocean transportation and landbased vehicle logistics solutions.

Wallenius Wilhelmsen’s purpose is ‘Defining logistics for a world in motion’. The world is changing at a rapid pace and with this change comes a greater need for seamless transport and logistics solutions. Trends in the wider auto industry, such as car-sharing, autonomous vehicles and electrification will bring both challenges and opportunities for logistics providers. Wallenius Wilhelmsen will capitalise on the opportunities linked to a changing market and take an active role in defining the next generation of logistics for this world in motion.

Wallenius Wilhelmsen aims to strengthen its position as the RoRo market leader, growing with its customers, and maintaining its unrivalled high & heavy and breakbulk capabilities. For landbased solutions, Wallenius Wilhelmsen will be targeting substantial growth and continue to extend the scope of services beyond the factory-to-dealer supply chain, to full lifecycle logistics providing services also beyond the point of sales.

Furthermore, Wallenius Wilhelmsen will aim to leverage digitalisation opportunities and introduce new technologies and ways of working to reduce cost, increase operational efficiency, improve the customer experience and drive business development and growth. As the company strives to become an industry cost leader, the focus on operating sustainably, ethically and safely remains at the heart of the business. Wallenius Wilhelmsen has adopted a ‘Lean:Green’ sustainability strategy which is built around the core belief that there should be a correlation between economic and sustainable outcomes. The commitment to be among the leaders in sustainability in our industry will help Wallenius Wilhelmsen prepare for the physical and transitional risks that climate change will bring.

It is a clear objective of Wallenius Wilhelmsen to provide shareholders with a competitive return over time through a combination of an increase in share value and dividend payments.