Wallenius and Swedish Orient Line (SOL) have joined forces in order to form Wallenius SOL - a joint venture to operate ice-class vessels for the forestry product trades in the Gulf of Bothnia and Baltic Sea area.
The new liner is to operate a fleet of five vessels built to Finnish 1A ice class allowing year round operation in the Gulf of Bothnia.
Up to four new, LNG-powered vessels have been ordered and are due for delivery in 2021.
Ragnar Johansson, managing director Wallenius Sol, said: “Together we can offer a strong mix of experience and competence, which can support a growing forest industry.
“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”.
The company will service the region around the Baltic Sea including Gulf of Bothnia, operating from five ports with regular calls to the continent and the UK.
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