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Press Release

Second year freeze keeps prices keen for Wilhelmsen Ships Service customers

April 22, 2010 - Wilhelmsen Ships Service has announced a price freeze for the second year in a row on thousands of its products. The freeze is a response by the company to the current challenging market conditions, and to share reduced operating costs and cost savings with customers wherever possible.

"While our prices are always competitive we are ensuring for the second year in a row that our customers avoid any increase," comments David Tandy, President of Wilhelmsen Ships Service. "Together with our ongoing investment in customer service and the expansion of our global network, this offers our customers a clear opportunity to continue to budget effectively at a time when market conditions are still sensitive". He adds "Our efforts have been concentrated on negotiating diligently with our suppliers whilst doing all we can to absorb inflation and local cost development."

As the world's largest maritime network, providing marine products and services, Wilhelmsen Ships Service's decision to freeze prices will benefit more than 22,000 vessels. This price freeze is applicable across the whole range of Unitor branded products such as safety equipment, welding, gases, cleaning and other marine products including chemicals.

The only exception amongst Wilhelmsen Ships Service's wide range of products applies to R-22 and R-134A refrigerants whose prices will be increased from 1st May 2010 due to external factors beyond the company's control. The company monitors the development of the volatile refrigerant market closely, and will do its utmost in keeping these prices predictable and competitive.


2010-04-23

Please see Wilhelmsen Ships Service (WSS) company electronic office

For further information, contact:
Ole Jakob Ytterdal
Head of Communications
Wilhelmsen Ships Service
Tel: +47 67 58 40 00
Mobile: +47 97 08 83 62
ole.j.ytterdal@wilhelmsen.com

Wilhelmsen Ships Service (WSS) is part of Wilhelmsen Maritime Services, a Wilh. Wilhelmsen group company. It has the world’s largest maritime services network, with 4,500 marine professionals servicing 2,200 ports in 125 countries.
Wilhelmsen Ships Service supplies safety products and services, Unitor products, Unicool refrigerants, Unitor and Nalfleet marine chemicals, maritime logistics and ships agency to the maritime industry. Last year the company made product deliveries to 25,000 vessels and handled 70, 000 port calls.

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