Setting a New Course
Wilhelmsen Ship Management Welcomes Haakon Lenz as New CEO
President’s Message
Dear Team,
As I reflect on my journey with Wilhelmsen Ship Management, this year holds special significance for me. 2024 marks a transformative period for our organization and my final year before passing the torch to Haakon Lenz in January 2025. It has been a privilege to lead this remarkable company, and I am proud of all we have accomplishedtogether.
This year, we achieved several critical milestones that underscoreoursharedvisionandresilience.InMarch2024, we concluded the acquisition of Zeaborn Ship Management, thereby strengthening our position as Germany'slargestshipmanager,withover450vesselsnow under management and a significantly expanded crew pool of12,800seafarers.Thismergerisatestamenttoourlongterm commitment to growth and ability to adapt to a dynamicmaritimelandscape.
Our newly launched ShipLink customer portal replaces the previous Tableau-based system. This new customer portal will provide an enhanced user experience viewing real-time fleet insights and one touch-point for multiple information with detailed analytics. In parallel, WLearn, a modern training platform, was launched and has engaged over 3,500 seafarers with interactive courses on safety, mental health, and practical skills, with mandatory enrollment beginning in January 2025. These system enhancements advance safer and more efficient maritime operations while embracingdigitalization.
We have inaugurated a new office in Mumbai dedicated towards our shared services needs. Also in India, we met with the female scholars supported by the Tom Wilhelmsen Foundation. Their passion and dedication reaffirmed my belief in the power of fostering opportunitiesandinclusivitywithinourindustry.
InAugust,welaunchediRuteTravel,acomprehensivetravel managementsolutiontailoredtotheuniquedemandsofthe maritime and corporate sectors. With its seamless integration into crew management systems, iRute delivers enhancedvalueandpersonalization.
I am proud of the strides we have made in safety, sustainability, diversity and operational excellence. These would not have been possible without the dedication of our incredible team. As Haakon prepares to take the helm, I am confident his leadership will guide Wilhelmsen Ship Managementtogreaterheights.
Thank you for your unwavering commitment and partnershipduringmytimeasPresident.Together,wehave laid a strong foundation for the future, and I look forward to our company continuing to thrive as I transition into an advisoryrolenextyear.
Withregards,
Carl Schou, CEO & President ofWilhelmsenShipManagement
Setting a new course: Welcoming Haakon Lenz as new CEO
Wilhelmsen Ship Management is to navigate a new chapter initshistory OurCEOCarlSchouisretiringafternearlytwo decadesofservice,including16yearsatthehelm,leavinga legacy of resilience, innovation, and steadfast leadership Effective January 1, 2025, Haakon Lenz, currently Chief Operating Officer, will become CEO, bringing with him a wealth of experience and a commitment to steering our companyonward
An Enduring Legacy
Mr. Schou’s tenure at Wilhelmsen Ship Management is characterized by his unwavering commitment to safety, efficiency and sustainability Over the years, he transformed our company into a global leader in ship management, guiding it through regulatory changes, industry shifts, and the ever-growing mandate for environmentalresponsibility
Mr. Schou's influence has solidified our reputation as a forward-thinking and responsible player in the global shippingindustry,preparingushead-onforchallenges
I am proud of the strides we’ve made in modernizing ship operations, prioritizing safety, and enhancing efficiency Our commitment to doing things correctly has been central to our success. I am grateful to have led such a talented and dedicated team.
Carl Schou
Charting the Future
Mr Lenz possesses extensive experience in maritime management and technical operations, bringing a unique combination of expertise and vision to his new role. Beginning his career with DNV before moving into ship management roles, Mr Lenz joined our company in 2008, servingvariousrolesintheUS andEurope AsCOO,hehas overseen global operations, enhancing our operational excellenceandstrategicfocus
I am eager to build on Carl's strong foundation. Our commitment to operational excellence and sustainability will continue to guide us as we support our customers in navigating the challenges ahead People will remain at the core of everything we do, ensuring safe, sustainable operations across all our vessels.
Haakon Lenz
A Milestone Year
Aswecelebrateour50thanniversaryin2025,thetransition will reflect a seamless step in service, safety, and innovation To ensure a smooth transition, Mr Schou will remain a senior advisor to Mr. Lenz for six months, supportingaunifiedpathforward
Left to Right: Carl Schou and Haakon Lenz
Embrace innovation says retiring Carl Schou
ThefollowingsectionisanextractfromTradeWindsarticle“Embrace innovation, says Carl Schou as he retires after 16 years at Wilhelmsen Ship Management helm”byJulianBray,publishedonOctober2,2024
Former seafarer steered manager through financial crisis, shift to Asia and major acquisitions
CarlSchouhascalledontheindustrytobuildforthefuture, and enhance sustainability and resilience by embracing innovation and collaboration, as he announced his retirementattheendofthisyear.
He will step down after 16 years as CEO and president of Wilhelmsen Ship Management, to be succeeded by current chief operating officer Haakon Lenz at the start of 2025 whenthecompanycelebratesits50thanniversary
A respected and thoughtful character, Schou is credited with steering the operation through the 2008 financial crisis, moving its headquarters from Oslo to Kuala Lumpur thenSingapore,andastringofacquisitions
A wholly owned subsidiary of Oslo-listed Wilh Wilhelmsen Holding, Wilhelmsen Ship Management is today one of the world’s largest third-party managers, with more than 450 shipsand12,800activeseafarers
As I step away, I’m reminded that the strength of the industry lies not in its ships, but in the people who keep them moving. The future belongs to those who embrace innovation, foster collaboration and keep sight of the broader vision ensuring that our trade remains sustainable and resilient in the face of change ”
Carl Schou
“We have made significant strides in modernising ship operations, prioritising safety for our seafarers, protecting the environment and enhancing overall efficiency,” said Schou “This is a long-term journey for the entire industry, andIamproudthatWilhelmsenShipManagementhasbeen attheforefronttogetherwithourcustomers”
He added: “It has been an honour to lead such a talented and dedicated team for nearly two decades Our success is rooted in a strong people-centric culture and our commitment to doing things the right way. I am confident that Ship Management will continue to thrive under Haakon’sleadership”
Lenz has had a long and close working relationship with Schou, having reported to him since 2009, shortly after he joinedthecompany
AsCOOsince2021,heisknownforhishands-onapproach, passion for ship management and interest in digital solutionstoimproveoperationalefficiency
“Stepping into this role, I recognise the big shoes to fill,” Lenz told TradeWinds. “It is an exciting time in ship managementasweenterapivotaltimeforourindustry
“With a strong foundation laid, I am confident we will overcome challenges ahead and steer towards greater heightsofprofessionalism”
Together, we’ll continue our focus on operational excellence, sustainability and growth — always putting people at the core of what we do as we support our customers in the challenges ahead.
Haakon Lenz
Carl Schou is to retire at the end of 2024
Schou showed confidence during the Covid pandemic, helping the company adapt to new challenges and expand its fleet organically and through acquisitions, including AhrenkielSteamshipandAhrenkielTankers
In the most recent published accounts of Wilh Wilhelmsen, the ship management operation saw revenue more than double in the second quarter this year to $49m after the completionon31MarchoftheacquisitionwithMPCCapital ofZeabornShipManagement.
Zeaborn whichmanagesafleetofaround100vessels added $26m in revenue to the $23m from the existing Wilhelmsen Ship Management business, up from $22m a yearearlier
Schoufirstwenttoseawhenhewas17,risingtotherankof staff captain on Norwegian cruise ships. He came ashore in 1991, joining DNV and then Norwegian private shipowner Dyvi in 1997 as technical director He joined Wilhelmsen as crewmanagerin2005
A trained naval architect, Lenz started his career at DNV before joining VShips Norway, and then Wilhelmsen in 2008
This article was originally written by Julian Bray and published October 2, 2024 on TradeWinds
Scan or click here for the original article
A
time for everything
Friends and colleagues. As the heading implies, there is a time for everything And it is also applicable to me I have been lucky to spend close to 20 years in the ship management industry, mostly with Wilhelmsen Ship Management.Nowit’stimetostepback.
I am very fortunate to have experienced such an exciting industry from the inside, one that offers pretty much everything.Iwouldneverhavebeenwithoutthisexperience and all these years working with such multidimensional challengesandfantasticcolleagues
I want to thank everyone who has wished me well for my retirementorpartinggreetings Iamtouchedbyyourwords and encouragement As I reflect on these, I would like to passonsomepartingwordstofutureleaders:
1 Stay humble - Be nice to everyone when you’re on the way up as you never know who you may meet on the way down
2 Embrace diversity – It is essential to surround yourself with people who are different from you so you can appreciateotheropinions.
3 Celebrate small milestones and achievements – It makes your journey to achieve the bigger picture more bearable.
4. Learning is a continuous journey – I have learnt a lot fromyoungercolleaguesandamconstantlyself-learningto pickupnewskills.
I will remain as Senior Advisor in Wilhelmsen Ship Management until July 2025 and reachable until then Please extend your support to my replacement, Haakon Lenz, who I have every confidence in leading Wilhelmsen ShipManagementtogreaterheights
Haakon Lenz will take over from January 2025
Current President Carl Schou shares his thoughts on leadership
iRute Travel: A new standard in maritime and corporate travel solutions
Officially launched on August 1, iRute Travel (pronounced /iː ˈ ruːtə/ or ee-ROO-tah) is our comprehensive travel management solution tailored to the unique demands of the maritime and corporate sectors.
A Trusted Route for Maritime Travel
iRute’s spirit of commitment to reliability draws on the Norwegian words ‘rute’, meaning ‘route’ and ‘I-rute’, translatingto‘onschedule’
With a focus on crew mobilization and corporate travel management, iRute Travel - a wholly owned entity of Wilhelmsen Ship Management - ensures every journey is seamlessandontimeeverytime.
Led by General Manager Carla Atienza, based in Singapore, iRute operates with a strategic 24/7 ‘follow-the-sun’ approach, providing continuous support and real-time solutionsregardlessoftimezones
Celebrating the official launch of iRute
More value and personalization than the everyday ticketing agent
Designed for businesses seeking a true travel management partner, iRute specializes in implementing fit-for-purpose programsthatalignwithindustry-specificneeds
Holistic Services: Efficiency and Safety in Mind Withastrongfoundationinthemaritimesector,iRuteoffers a comprehensive suite of travel services that address the unique demands of corporate, marine, and superintendent travel Theseinclude:
Crew Mobilization:
Tailored travel solutions for smooth, on-time crew changes andefficientprojectteamrotations
Accommodation and Land Arrangements:
Handling hotel bookings and ground transportation to ensureaseamlesstravelexperiencefromstarttofinish
Corporate Event Planning:
Organizing conferences, meetings, and events with maritime-specificexpertise
Travel Support Services:
Assisting with visa applications, travel insurance, and other essentiallogistics
Consulting and Program Management:
Leveraging advanced technology and strategic partnerships to refine travel processes and continuously meetclientexpectations
Why Choose iRute Travel?
24/7 Support and Competitive Service Levels: A dedicated team available around the clock, providing a 60-minuteemailor20-secondphoneresponsetimes
Global Maritime Expertise: iRutespecializesinmaritimetravelmanagementwithHRMS integration
Sustainable Travel Practices:
iRute actively works to reduce environmental impact, supportingourcommitmenttosustainableoperations
Setting New Standards
iRute is set to deliver integrated travel solutions with increased efficiency, cost-effectiveness, and personalized serviceforcrewandcorporatetravelers.
Routingyoutoyourdestination,ontime,everytime
Routing you to your destination, on time, every time
For more information or to explore how iRute can enhance your travel management experience, please reach out to:
Zeaborn Integration Update: Exciting Progress Ahead
The integration of Zeaborn Ship Management into Wilhelmsen Ahrenkiel Ship Management is progressing well, with significant developments and milestones achievedsinceApril2024.
Strategically Building A Stronger, Larger Organization
Completed in March 2024, the merger brings together two prominent Hamburg-based companies, MPC Capital and WilhelmsenShipManagement.100%ownershipisnowheld by the Wilhelmsen and Schroeder families, who have a long history in shipping and bring a stable, long-term vision to thebusiness
Joint Managing Directors Michael Silies and Michael Brandhoff highlighted the positive impact of this ownership change, noting the families’ commitment to the shipping industry has brought stability and growth potential to the organization
Becoming Germany's Largest Ship Manager
The merger consolidates the operations of Zeaborn, MPC Capital’s Ahrenkiel, and Wilhelmsen Ship Management, creatingaformidableforceinglobalshipmanagement.
With over 200 vessels under management, including technicalmanagement,crewmanagement,andtankers,the new entity is now Germany’s largest ship manager by fleet size This positions Wilhelmsen Ahrenkiel as a competitive player with strong international reach, serving clients across20countries
Aswecontinuetoalignoperations,systems,andteams,we are excited to share the latest updates on this important merger
Expanding Crew Capacity
Oneofthemerger'smosttangiblebenefitsisexpandingour crew pool. Zeaborn's crew, which once numbered 4,000 seafarers, has grown to an impressive 14,000 under the combined company This expanded crew capacity will strengthen our ability to manage vessels across a broad range of sectors and services, providing added flexibility to meettheneedsofourgrowinginternationalclientbase
Positive Client Feedback
Feedback from clients has been overwhelmingly positive since the merger, with companies like Tufton Oceanic and AP Moller-Maersk praising Wilhelmsen Ahrenkiel for its commitmenttotransparencyandpartnership
Strategy for the Future
The company remains open to further consolidation, but Michael Brandhoff alludes that smaller managers with limited vessel numbers may not be the focus. Instead, the strategy will center on organic growth by building strong customerrelationshipsandexpandingvesselmanagement As the shipping market continues to evolve, Wilhelmsen Ahrenkielwilladapttomeetcustomerdemands,positioning itselfforcontinuedsuccessinachangingindustry
The following section was extracted from Tradewinds article “Family ties: German ship management giant forged as Zeaborn morphs into Wilhelmsen Ahrenkiel”publishedon10October2024
(From left) Wilhelmsen Ahrenkiel Ship Management managing directors Michael Silies and Michael Brandhoff, with Carl Schou of Wilhelmsen Ship Management, Constantin Baack of MPC Container Ships and Philipp Lauenstein of MPC Capital
Expanded Presence in Cyprus with Rebranding of Zeaborn Ship Management Cyprus
We are pleased to announce the establishment of a Wilhelmsen Ship Management office in Cyprus through the rebrandingofZeabornShipManagementCyprus
Based in Limassol, the office is fully operational and staffed by over 40 skilled professionals This strategic expansion enhances our ability to deliver seamless support to clients locally and regionally. Key functions carried out here include:
•GlobalProcurementServices •VesselAccountingServices •CrewManagement
•CrewCoordination
Our
Global Network Post Acquisition
With this addition, Wilhelmsen Ship Management is reinforcing its global footprint and strengthening our regional capabilities This new presence will further enhance our current service offering to our clients, ensuring they continue to receive Wilhelmsen's high standardofservice.
We look forward to the opportunities this expansion may bring, fostering closer relationships with our clients and continuing our efforts to be a trusted partner in ship management
Hecla Emissions Management Unveils FuelEU Maritime Exchange to streamline compliance trading
Hecla Emissions Management, a joint venture between Wilhelmsen Ship Management and Affinity Shipping LLP, has launched the FuelEU Maritime Exchange (FME) in a groundbreaking move for maritime sustainability. Officially rolled out as the industry’s first platform dedicated to the secure trading of FuelEU Maritime compliance balances, FME facilitates the shift toward alternative, low-carbon fuels.
The platform leverages digital ledger technology to tokenize compliance balances, making them tradeable per voyage. This approach means stakeholders can trade or transfer balances in real-time without waiting until the complianceperiod’send
The FME provides a secure and orderly marketplace, helping the industry realize the financial value of compliance balances.
Øyvind Størdal HeclaEmissionsManagement
With the FuelEU Maritime regulation set to take effect in January 2025, requiring vessels over 5,000 GT to report fuel carbon intensity, Hecla’s FME fills a critical gap By providing the structure for balance trading, the platform enables those exceeding carbon targets to acquire surplus balances, creating a seamless, market-driven compliance system
Through innovations like FME, Hecla Emissions Management is paving the way for sustainable regulatory compliance in shipping, while building a foundation for future-readyenvironmentalstewardship.
Access more information on the HECLA FuelEU Maritime Exchange: Scan or click here
Wilhelmsen Ship Management inaugurates fourth office in India 3
A 711 Kanakia Wall Street, Andheri East, Mumbai: ThenewlyinauguratedofficehousesourexpandedGlobal Procurement Services and Vessel Accounting teams These teams ensure seamless fleet support across time zones, with the Vessel Accounting team experiencing remarkable growthfromtwomemberstoeleveninjustoneyear.
31/32 Apple Heritage, Andheri East, Mumbai: Dedicated to Marine Personnel, GSHEQ, and Financial & SharedServices
201, "SIGMA," Technology Street, Powai, Mumbai:
Home to the International Maritime Training Centre (IMTC), equipped with a cutting-edge VR Simulator that enhances seafarers'trainingexperiences
3A Century Plaza, New No. 526, Chennai: ThehubforourPlannedMaintenanceSystem(PMS)
Empowering future maritime leaders with Tom Wilhelmsen’s Foundation in India
Haakon Lenz, Benedicte Gude and Bjoerge Grimholt with some of our female scholars
About Tom Wilhelmsen’s Foundation
Founded in 1965 by shipowner Tom Wilhelmsen, the Tom Wilhelmsen Foundation is a private, independent entity supporting projects in maritime, medicine, arts, and culture Based in Nøtterøy, the Foundation has awarded over 3,000 scholarships, providing resources to institutions, groups, and individuals to help foster education, research, and social causes Its mission is to encourage talent, promote educational opportunities, and support humanitarian and culturalinitiativesworldwide.
Nurturing future maritime leaders
First Cadet Conferences in India and the Philippines
Our cadets are the future of the maritime industry, and we are proud to support them as they begin their journeys at sea. Recently, we hosted our first-ever cadet conferences in India and the Philippines to instill ship management cultureandpreparethemfortheirfuturecareersonboard
Inspiring Journeys from the Top
Our CEO and President, Carl Schou, shared his personal story of starting as a cadet, navigating the challenges he faced and how they taught him resilience and determination, two qualities key to a successful life at sea Mr. Schou encouraged the cadets to stay strong and keep learningastheyworktowardsbecomingfutureleaders
Advice and encouragement by Carl Schou for the cadets
Similarly, our COO Haakon Lenz encouraged cadets to speak up and contribute to a culture of trust and openness. He emphasized that creating an environment where everyonefeelssafetosharetheirthoughtsandconcernsis vitaltobuildingstronger,saferteams
Haakon Lenz emphasizing perseverance as an important trait
Our new cohort of cadets in the Philippines
Prioritizing Well-being and Mental Health
Acknowledging the unique challenges of life at sea, the conferences highlighted the importance of mental health By encouraging open conversations about well-being, we aim to equip cadets with the tools and support to ensure a healthy mental and emotional balance Empowering cadets to care for themselves and their crewmates is integral to ourcommitmenttotheirholisticdevelopment.
Empowering Growth Through Technology
The conferences also introduced cadets to WLearn, our online training platform that makes learning simple and accessibleforall WithWLearn,ourcadetscandevelopnew skills anytime, anywhere, even while onboard. WLearn is designed to make learning easier, faster, and more relevant totoday’sneeds,helpingeveryoneperformbetteronboard
A warm welcome to our new cadets in India and the Philippines
Dreams of Leading at Sea
Cadets shared their aspirations of exploring the world, captaining ships, and leaving a positive mark on the maritime industry. Their enthusiasm and determination are atestamenttothebrightfutureofthesector
Leadership comes with good communication skills
These first cadet conferences mark the beginning of an exciting journey for these future maritime leaders. We look forward to seeing them thrive and lead with distinction as weequipthemwithknowledge,skills,andastrongsenseof purpose Our commitment to nurturing the next generation of maritime professionals remains steadfast. Together, we are shaping a future defined by excellence, resilience, and innovationatsea
ThecadetswereintroducedtoWLearn
Introducing WLearn: Our New Training Platform for Seafarers
Digitalizing Seafarer Training
In August, WLearn, a modern and user-friendly training platform, was launched to improve how seafarers access and complete their training This platform integrates existing IMTC programs and SEAGULL content into a single system, offering courses that cater to different experience levels. Designed for convenience, WLearn reduces the need for time away from home, making training more seamlessandaccessible
Sinceitslaunch,WLearnhasseenstrongengagement,with over 3,500 seafarers signing up and completing a total of 18,734 training sessions The platform’s appeal has even extended to shore-based staff, showing its broader impact beyonditsoriginaltargetaudience.
The course goes beyond standard first aid, providing crew members with the skills needed to manage medical emergencies in remote, isolated conditions The inclusion of maritimespecific scenarios ensures we are prepared for real-life challenges at sea.
Abhishek Seafarer and WLearn User
Currently offering 34 courses online, WLearn plans to expand to more than 100 in 2025 These courses are interactive, allowing seafarers to leave comments, suggest new topics, and share insights. One participant noted: "The platform is easy to use and makes training more relevant to thechallengeswefaceonboard"
Moving forward, WLearn courses will become mandatory and count toward official training records This phased implementation gives users enough time to adapt to the newapproach
Training plays a vital role in maintaining safety and efficiency on merchant vessels Courses cover critical topics, such as slip, trip, and fall hazards, first aid, and chemical safety, providing seafarers with the skills needed tohandlechallengesatsea
>3,500 seafarers signed up
18,734
training sessions completed
34 courses offered online
These courses refresh existing knowledge and introduce new strategies that can be applied onboard and in daily life Whether mastering the use of Personal Protective Equipment (PPE), understanding Material Safety Data Sheets (MSDS), or improving mental health awareness, the trainingpromotesacultureofvigilanceandmutualsupport
As WLearn grows, its role in enhancing safer and more efficient maritime operations becomes clearer. By combining accessibility, practical training, and a focus on mentalwell-being,WLearnsetsanewstandardformaritime industrytraining
Mental health is a serious matter onboard ships This training emphasized the importance of looking out for each other and reminded us how everyone can make a difference by simply interacting and caring.
Jorge Russel Seafarer and WLearn User
ShipLink: Bringing real-time analytics for customers
Introducing ShipLink
Ournewcustomerportal,ShipLink,isnowliveandreadyfor use Theplatform’sinterfaceisdesignedtobeuser-friendly and offers customers accurate, timely data on their fleet withpowerfulsearchcapabilities.
Serving as an information hub and tailored to meet user needs, customers can access fleet information on a central dashboard and explore details on vessel Operational Expenditure (OPEX), Carbon Intensity Indicator (CII), and KeyPerformanceIndicators(KPIs)
Teeing off with our customers
Wilhelmsen Ship Management hosted a series of golf tournaments, bringing together staff and customers in a relaxed and engaging environment The season began with the Wilhelmsen Golf Day in Oslo, followed by events in TokyoandconcludinginKorea Thesetournamentsoffered valuable opportunities for global customer connections, strengthening relationships and fostering shared
The first event at Oslo Golfklubb allowed participants to enjoy Norway's stunning landscapes while connecting on the course. The following month, Tokyo's golf courses and rich cultural traditions created a memorable experience The series concluded at Gaya Country Club in Korea, where golfers faced a world-class course amid Korea's diverse and dramatic landscapes, marking a thrilling end to the internationalgolftour
A great opportunity to engage with customers in a relaxed setting
Carl Schou and our Japanese customers
After a full day of golf in Korea and Norway
Ready to tee off
Introducing the Wilhelmsen Golf Chip Challenge!
At Wilhelmsen, we believe in fostering connections and building camaraderie through fun and engaging activities That’swhywe’reexcitedtolaunchtheWilhelmsenGolfChipChallenge auniqueinitiativedesignedto bringpeopletogetherwhileembracingthespiritoffriendlycompetition.
Whether you’re an experienced golfer or trying your hand at the game for the first time, this challenge promises to be a great opportunity to showcase your skills, share some laughs, and strengthen bonds within the maritime community.Staytunedasweteeoffonthisexcitingjourney!
What the set contains
The set includes eight chips representing different situations indicated by the symbols: OB, bunker, water, three-putt, one-putt, birdie, par save, and closest to the pin
Details of the chips and explanations can be found on the following page.
How to play
Set chip values:
Setchipvalues:Agreeonthevalueforeachpokerchip beforestarting
Start with no chips: Allplayersbeginwithnochips
Positive and negative chips:
Aim to earn positive chips and avoid penalty (negative) chips
Chip transfers:
When a golfer hits a designated hazard or achieves a positiveevent,theytakethecorrespondingchip Iftwo or more players on the same hole encounter the same situation, the chip is given to the player who experienced the situation first, based on the order of play
Final payoff:
The last golfer holding each chip at the end of play paysorcollectsitsvalue
Example: If player A hits water on hole 1, they take the “Water” chip IfplayerBhitsintowateronhole18,theytakethe “Water”chipanditsassignedvalue
Objective: It’s not so much about winning as it is about notlosing!Enjoyyourround!
Chip Explanations
OB Chip (Out of Bounds)
This chip is given to a player when their ball lands out of bounds(OB)duringahole
Bunker Chip
This chip is awarded when a player’s ball lands in a bunker (sandtrap).
Water Chip
This chip is given when a player’s ball lands in a water hazard.
Three-Putt Chip
This chip is given when a player takes three putts to hole outonthegreen
One-Putt Chip (Positive Chip)
This chip is awarded when a player successfully holes out withonlyoneputtonthegreen
Birdie Chip (Positive Chip)
This chip is given when a player scores one stroke under paronahole(abirdie).
Par Save Chip (Positive Chip)
This chip is awarded when a player successfully saves par from a difficult situation, such as a bunker, rough, or after a penalty.
Closest to the Pin Chip (Positive Chip)
Thischipisgiventotheplayerwhoseteeshotlandsclosest tothepinonapar-3hole
1.
TRIVIA...
Whatisthetermforscoringthreeunderparonasinglehole?
Answer: Albatross (or Double Eagle)
2 Wheredidthemoderngameofgolforiginate?
Answer: Scotland
3 Whatdoestheterm“birdie”meaningolf?
Answer: Scoring one stroke under par on a hole
Customer Events & Tradeshows
Tokyo, Japan
Wearegratefulforthetrustandfriendshipsharedduringan eveningspentwithourcustomersinJapanandarethankful for the memorable moments together We look forward to many more years of collaboration and mutual success as wenavigatethefutureside-by-side.
Busan, Korea
In Korea, we hosted a dinner forum with representatives from leading Korean shipping companies. The forum provided an opportunity to share updates on our latest initiativesanddiscusskeyregulatorychanges,includingthe EU Emissions Trading System (EU ETS) and FuelEU Maritime. The discussions reflected our commitment to supporting clients in navigating the evolving industry landscape The evening also highlighted the mutual trust andcollaborationthatunderpinourpartnerships
Engaging with our customers
Toasting to a great year of collaboration
We thank our customers for their continuous support
Ready to welcome our guests
Celebrating success with our customers
Capturing moments with customers
Houston, Texas (USA)
At Gastech Houston 2024, our team joined 45,000 global attendees for four days of collaboration and innovation in natural gas, LNG, hydrogen, and climate technologies. Our booth was a vibrant hub, featuring the Norwegian waffles tradition we started at Gastech Singapore last year For each of the 680 waffles served, we donated to the Sjømannskirken, supporting seafarers' well-being. The waffles drew a crowd, including many returning visitors, for amemorableexperiencemerginghospitalitywithpurpose
Thank you for visiting us at the booth
Customer conversations at the reception
Our guests enjoyed the sliders and pizza
Toclosetheevent,wehostedacocktailreception,bringing ourcustomerstogetherinarelaxedsettingtocelebrateour shared achievements and future goals. The evening was filled with engaging conversations, laughter, and a common vision for sustainable progress in the energy sector We’re grateful to all our customers who attended the event as we continuetogrowtogether.
A warm thanks to all our customers who joined us
h our clients at the tradeshow
Handing out waffles at our booth
Giving back to communities
Annual kimchi-making event Busan, Korea
In Busan, our team celebrated the annual kimchi-making event by preparing and sharing 840 kilograms of kimchi with the community in Busan, honoring both heritage and community This cherished tradition reconnected the team with their roots, evoking memories of family gatherings to prepare kimchi for winter Through the hands-on experience, the art of kimchi-making was preserved while giving back to the community This annual event reminds everyone of kimchi's role as a symbol of resilience, unity, andpride,allimportantvaluestouphold
New Vacha computer centers in Mumbai, India
Wilhelmsen Ship Management sponsored the cost of building 2 computer centers at Vacha's learning centers, supporting their mission to empower young girls in underprivileged communities across India The centers were equipped with laptops for essential digital skills through our funding, helping girls from marginalized backgrounds build confidence and potential for future employment Our CEO, Carl Schou, kicked off the inauguration at one of the centers, which included a live Microsoft Teams call from our headquarters in Singapore, marking the girls' first experience with a virtual conference. This initiative, chosen by the Wilhelmsen Seafarer Family Club, reflects our shared commitment to social responsibilityandcommunityempowerment,offeringthese youngwomenapathwaytobrighter,self-sufficientfutures.
Success is all about teamwork
Ready for the challenge
840 kg of kimchi ready for delivery
Carl Schou officiates the new computer center
Empowering Dreams Through Culinary Skills at Bahay at Yaman ni San Martin de Porres
Theculinaryroomwesponsoredin2022atBahayatYaman ni San Martin de Porres (BYSMPI) has transformed into a vibrant hub for life skill development Actively used by Grade 9 and 10 students, this space provides hands-on culinarytraining,equippingthemwithskillsthatcouldshape their futures The Home is also working toward a partnership with Bulacan State University to make the culinary room a testing center for NCII (Cookery) certification, paving the way for more opportunities for the children
Instilling valuable life-long skills for students
Empowering youths with the necessary culinary skills
More than a kitchen, the culinary room is a space of empowerment, where young learners build confidence and develop their potential A visit by our CEO & President Carl Schou and COO Haakon Lenz, alongside Chief Cook Sesinando Herradura III, brought this vision to life During the visit, Mr. Herradura conducted a cooking demonstration, guiding the children to prepare tuna pesto pasta and pizza The children let their creativity unfold as theyputtheirskillsintopractice
The culinary room underscores the mission of BYSMPI: nurturing holistic development and preparing children for brighterfutures
About BYSMPI
Formerly Saint Martin de Porres Soup Kitchen, BYSMPI provides a temporary home for vulnerable children in Bustos,Bulacan Servingasasanctuaryforchildrenaged 11 to 18, the center supports education, technicalvocational skills training, health, and values formation Currently home to 106 children, its mission is to empower youth through holistic programs to prepare them for independentliving.
The culinary room provides a safe space for learning
Led by Chief Cook Mr. Herradura
Be Inspired: Recipes from the Culinary Room
Aboard ships afar from the familiar comforts of home, a simple plate of food can evoke a sense of belonging and warmth.
Inspired by Chief Cook Sesinando Herradura III’s comforting creations, dishes like Homestyle Tuna Pesto Pasta and Family Table Pizza bring the essence of home to life for our seafarers These recipes, crafted with love and simplicity, offer more than just sustenance they reconnect those onboard with the flavors and memories of cherished family meals.
Want to try the dishes yourself? Here are the recipes
Homestyle Tuna Pesto Pasta
Ingredients:
Oil, garlic, onion, tuna in brine, pesto paste, whipping cream, fusilli pasta, grated Parmesan cheese
Boil water with salt, then add the pasta. Ensure the pasta is cooked al dente (not overcooked).
Heat the oil in a pan, then sauté the garlic and onion until fragrant
Add the tuna in brine
Mix in the pesto paste.
While mixing the pesto paste, slowly add the whipping cream
Stir to combine and ensure the sauce stays creamy, do not let it dry out.
Remove the pan from heat
Toss the pasta in the creamy sauce until evenly coated
Serve the pasta topped with grated Parmesan cheese
Enjoy!
Family Table Pizza
Ingredients for making dough: All-purpose flour
1 tsp yeast
2 tsp sugar
1 tsp salt
2 tbsp oil
1 cup warm water
Other Ingredients: Onion, bell pepper red and green, sauté minced beef, tomatoes, tomato sauce, grated Mozzarella cheese, dry oregano
Mix flour, yeast, sugar, and salt in a bowl Add oil and water, then mix until the dough comes together
Transfer the dough to a flat surface and knead until smooth.
Oil a clean bowl, place the dough inside, and cover it with a dry cloth Let it rest for 1 hour
Place the dough on a pizza pan, stretch it out, and spread tomato sauce over the top.
Add a layer of cheese, followed by beef, onion, red and green bell peppers, and another layer of cheese Sprinkle dry oregano on top
Bake in a preheated oven at 100°C for 30 minutes. Slice, serve and enjoy!
Chief Cook Herradura presenting Tuna Pesto Pasta
Employee health and well-being
At Wilhelmsen Ship Management, the health and well-being of our employees are important as we strive to foster a healthy work-life balance Supporting such initiatives through popular sporting and team-building activities can helpfostercommunicationandcollaboration.Anexampleis badminton, a popular sport in Asia and among our employeesintheSingaporeandMalaysiaoffices
Our Singapore team participated in the DNV MCC Badminton Cup, an annual inter-company tournament for the maritime industry They reached the finals and earned therunner-uppositionamong20companiesforthesecond consecutiveyear.
The team engaged a professional coach, who helped them prepare and build skills and strategies to strengthen their performance and unity. We’re proud of their dedication, sportsmanship,anddrive,reflectingourcompany’sspirit
In Kuala Lumpur, our employees organize and participate in weekly Badminton Fun Nights, which are more casual. These sessions allow everyone participating to unwind and stay active in a fun and social setting, regardless of their skill level Whether an experienced player or a beginner, these events provide a relaxed atmosphere to meet colleagues, improve fitness, and foster connections across thecompany
Badminton Tournament in Singapore
Weekly Badminton in Malaysia
Meet the social badminton team in KL
Congratulations to the Runners up!
“Learn-and-Bowl” Session in the Philippines
In the Philippines, Wilhelmsen-Smith Bell Manning hosted a team-building day to strengthen connections and enhance industry knowledge among the team The event began with a “Maritime Terminologies 101” workshop led by General Manager Artemio Serafico, to help employees, particularly non-maritimestaff,understandkeyindustryterms.
The afternoon featured a fun and competitive bowling session, fostering teamwork and relaxation The day successfully blended learning with sport and laughter, reinforcing both professional growth and team spirit. We look forward to more events that bring our team closer together
Participants appreciating the learning experience
Also in the Philippines
Halloween
Later in October, our team in the Philippines hosted a spookydayattheoffice,invitingemployees'childrentojoin in the fun! Dressed in creative costumes, the kids went trick-or-treating from department to department, exploring workstations decorated in festive Halloween themes. The day’s highlight was the office decoration contest Employees also embraced the Halloween spirit with costumes, and the best-dressed received prizes The children enjoyed a day filled with activities, treats, and unforgettablememories!
(Gulp!) Not going to mess with this boss!
Spooky decorations adorned throughout the office
A fun-filled Halloween with our staff and children
Ready for a game of bowling
While in Malaysia…
“Treasure Our Forest" Tree Planting
Our Kuala Lumpur team participated in the "Treasure Our Forest" event, organized by Genting Nature Adventures, where they planted 60 local saplings to support habitat restoration for endangered wildlife, including siamangs, pitcher plants, reptiles, and tropical birds in Southeast Asia's oldest forests This initiative involved planting schemes that promote harmony between tree and plant species to restore a functional mixed forest habitat The event strengthened our teamwork while enhancing our understanding of wildlife conservation, leaving everyone motivatedandproudtocontributetothismeaningfulcause
Merdeka celebration – focus on diversity
We celebrated Malaysia's Independence Day, bringing the spirit of Merdeka alive with colorful decorations of national and state flags The event featured food stalls serving satay, kuih, waffles, and other treats, while classic childhood games like ping pong toss and five stones sparked laughter and friendly competition, with nostalgic prizes awarded to winners Staff dressed in traditional attire showcasing Malaysia's rich cultural heritage as everyone came to bond and celebrate unity The day embodied the MerdekaspiritandstrengthenedourMalaysianvalues.
Bonding and teamwork on our tree planting day
Say “Cheese” on the count of 1, 2, Tree!
Celebrating Merdeka with a “Makan Besar”
Supporting reforestation through teamwork
Cultural Spotlight: Malaysia
What is/are...
Siamangs are the largest gibbon species and part of the ape family Native to Malaysia, these arboreal primates are known for their distinctive black fur, long arms, and a large inflatable throat sac that enables them to produce loud, resonantcallsthatcanbeheardformiles.
Merdeka means ‘freedom’ or ‘independence’ in Malay and refers to Malaysia’s Independence Day, celebrated annually onAugust31.TheholidaycommemoratestheendofBritish colonial rule and the beginning of Malaysia’s journey as an independentnation,achievedonAugust31,1957
Kuih refers to a broad category of Malaysian snacks or desserts, usually small, colorful, and often made with coconut,riceflour,andpalmsugar Somepopularexamples include onde-onde (glutinous rice balls filled with palm sugar)andkuihlapis(layeredsteamedcake)
Satay is a beloved Malaysian dish featuring skewers of marinatedandgrilledmeats,suchaschicken,beef,orlamb, served with a rich, slightly sweet peanut sauce. Often enjoyed with ketupat (rice cakes), cucumber, and onions on theside,itembodiesMalaysia'svibrantstreetfoodculture
Makan Besar inMalay,translatingto‘bigmeal’,representsa large communal feast, often held during major celebrations or family gatherings However, it is about more than just food It strengthens bonds, where everyone comes togethertoshareawidearrayofdishes.
Celebrating our rich cultural heritage in Malaysia
Proud to be Malaysian! Excited for the delicious Satay
Celebrating Deepavali
This Deepavali, our global teams came together to celebratewithvibranttraditionsandactivitiesthatreflected the spirit of unity. Offices worldwide embraced the festivities with rangoli designs, traditional attire, and delicious Indian snacks, making the celebrations warm and joyful. In Mumbai, employees engaged in decoration contests, while teams in KL and Singapore enjoyed festive lunches, games, and potluck meals. These events brought colleaguestogetherandhighlightedthediverse,connected cultureweshareglobally,creatinglastingmemories.
Celebrating Deepavali in our India, Malaysia and Singapore offices
Singapore(HeadOffice)
WilhelmsenShipManagement
Singapore 1 Kim Seng Promenade #15-07 Great World City West Tower
Singapore 237994
T +65 6513 4670
Norway
WilhelmsenShipManagement NorwayAS Strandveien 20 PO Box 33 NO-1324 Lysaker
Norway
T +47 67 58 47 00
Malaysia
WilhelmsenShipManagement
Malaysia 19th Floor 1 Sentral
Jalan Rakyat, Kuala Lumpur Sentral 50470 Kuala Lumpur Malaysia
T +60 3 2708 1800
UnitedStatesofAmerica
WilhelmsenShipManagement USA
9400 New Century Drive Pasadena Texas 77507 USA
T +1 281 816 9817
SouthKorea
WilhelmsenShipManagement
SouthKorea 10F Marine Center Building 52 Chungjangdaero, 9 Beongil (Jungang-Dong 4 Ga) Jung-Gu Busan, Republic of Korea 48936
T +82 51 711 0711
Netherlands
WilhelmsenAhrenkielShip ManagementB.V. Oever 5 3161 GR Rhoon
Netherlands
T +31 10 669 0241
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Greece
DianaWilhelmsenManagement
Limited
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Syngrou Tower – 7th Floor 176 74 Kallithea Athens, Greece
T +30 21 4406 6710
Germany
WilhelmsenAhrenkielShip ManagementGmbH&Co.KG
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Germany
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