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Press Release

Wilhelmsen Ships Service announces Nalfleet deal closed and price hold on all chemicals

Feb. 1, 2011 - Wilhelmsen Ships Service reports that it has finalised its agreement with Nalco to buy Nalfleet, a sales and technical service organisation specialising in marine chemicals. Wilhelmsen Ships Service already owns Unitor chemicals and this acquisition will further strengthen and enhance the company's marine chemicals offer to the maritime industry.

Last week, Wilhelmsen Ships Service announced that Graham Hunter, former General Manager of Nalfleet, will head up its marine chemicals operations. Starting today, Graham will lead a team of dedicated professionals in managing two solid brands and further developing the company's position in marine chemicals. "The Unitor and Nalfleet brands will remain and we are currently developing business and marketing strategies for both ranges of chemicals. Focus now is on ensuring a smooth transition for our customers and improving our global offer and customer solutions brought to the marine market," says Hunter.

The transition period is scheduled to last from 1Q- 3Q 2011 and starting today Wilhelmsen Ships Service will put a hold on all chemicals prices. President of Wilhelmsen Ships Service, David Tandy comments, "A time of transition and integration is demanding for everyone involved. Nonetheless, I'm confident that we have the strength and organisational flexibility to take good care of our customers throughout the changeover. As a customer centred service organisation it is key that we share synergies with our customers from day one; that is why we will now hold prices on chemicals."

In addition to marine chemicals, Wilhelmsen Ships Service supplies Unitor marine products, technical services, ships agency services and maritime logistics.


2011-02-01

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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