Wallenius Lines acquires ships and registers them under the Swedish flag

In May, Wallenius Lines acquired m/v Don Juan. Now, the acquisition of m/v Turandot has also been finalized. Both vessels will sail under the Swedish flag.

The acquisition is in line with Wallenius Lines’ strategy to operate vessels throughout their full practical lifespan, while also ensuring access to ships that can meet both commercial and critical societal transport needs.

Registering the vessels under the Swedish flag contributes to Sweden’s national preparedness and strengthens the resilience of Swedish shipping. Together with the company’s six other vessels, Don Juan and Turandot will be important pieces in Wallenius Lines’ growing commitment to total defense.

“These vessels still have the cargo capacity to meet today’s needs. For us, sustainability also means utilizing existing assets throughout their entire lifespan, and with the right fuel mix these vessels can continue to operate for many years to come”, says Erik Nøklebye, CEO of Wallenius Lines.

It is significant that these vessels now also sail under the Swedish flag, given the current global situation. Swedish registration means that a vessel can be requisitioned for state service if needed, for example for critical transports in times of crisis. Having more vessels under the Swedish flag is essential for Sweden’s resilience”, Erik Nøklebye adds.

The vessels will remain under Ship Management by Wallenius Marine.

With Don Juan and Turandot in the fleet, Wallenius Lines now owns a total of eight commercial vessels.