Wallem's long history and rich heritage is a distinguishing hallmark of the company. Since our establishment in 1903 in Shanghai by Haakon Wallem, the company has grown in reputation and expertise to deliver ship management, ship...

Wallem's Highlights

  • 1903Wallem & Co. established in Shanghai, China and engaged in ship broking and chartering.
  • 1905Haakon Wallem acquires his first ship, the SS Oscar II - a 4,750 dwt sail-assisted steamer built in 1893.
  • 1908Wallem appointed to manage two sister ships for Ping An Steamship, the SS Chingtufu and SS Tsinanfu, both employed in the coal trade on the Chinese coast.
  • 1912Took over management of the SS Erviken, named after the Wallem family home in Bergen, Norway, and later sadly torpedoed in 1917 during the First World War.
  • 1917New vessel built for worldwide tramping - the SS Storviken of 4,703 grt.
  • 1921Second new vessel built and named the SS Erviken; this 5,019 grt vessel also trading worldwide but mainly in the Trans-Pacific.
  • 1925Hong Kong office opened (the earlier representative office closed in 1910 after three difficult years).
  • 1926Three modern China coasters built in the UK with a Hong Kong government license for 21 cabin and 1,100 deck passengers. The SS Norviken, SS Daviken and SS Sandviken, manned by Chinese crew with Norwegian officers, were long-term chartered to Jardine Matheson and considered the best of their kind in Asia.
  • 1930Shanghai office became the main broker to aspiring Chinese ship owners by helping them acquire second-hand vessels from UK/Norwegian owners.
  • 1935Wallem moved into offices in the Hong Kong & Shanghai Bank's new building in Hong Kong.
  • 1937SS Norviken and SS Daviken took 1st and 2nd place respectively in the Efficiency Shield for vessels owned or chartered by Jardines.
  • 1938The Wallem fleet had grown to 15 ships totalling 47,101 dwt.
  • 1938Wallem pioneered the use of the Panamanian Registry in the Far East for older ships. This involved setting up a registered office in Panama City and became very popular with Chinese owners, who then utilised Wallem for a range of chartering and maritime services.
  • 1941Managing Director Reidar Johannessen and family escaped from Hong Kong through China “over the Hump” to Bombay (now Mumbai), from where the Wallem fleet was managed during the period of the Pacific War.
  • 194421 Wallem controlled or managed vessels were lost during the Second World War.
  • 1945Wallem & Co. (India) established during the war years to manage the Wallem fleet away from occupied Hong Kong.
  • 1946Wallem Lambert Brothers Ltd established in London to manage the insurance and trading business.
  • 1947Activities extended into aviation with the agency acquired for Braathen SAFE Airways that connected Hong Kong with Europe via 4 weekly DC4 (and later DC6) flights per week. This was a pioneering moment for air travel between Europe and Asia.
  • 1949From 1949 until the mid-1950s Wallem was the sole broker for Sinofracht - the official ship chartering company for the government of the People's Republic of China.
  • 1949The Hong Kong company is re-registered as Wallem & Company Limited, coinciding with the start of the Hong Kong ship-owning expansion precipitated by the infusion of shipping talent from Shanghai.
  • 1951Wallem & Co. opened in Kobe to serve Japanese ship owners.
  • 1951Karachi office opened.
  • 1951Haakon J Wallem, founder of the Wallem Group, died at Erviken in Norway. Known on the China coast as "Typhoon Wallem", he was a legend in his times.
  • 1951Shanghai office closed after Communist rule made business too difficult to continue.
  • 1952Several Chinese beneficial owners appointed Wallem to act as registered owners of their ships until the mid-1960s.
  • 1954Reidar Johannessen retires after 33 years with Wallem, having built a hugely successful business.
  • 1958Singapore office opened.
  • 1961Anthony Hardy joins Wallem, later becoming Group MD and then Chairman in 1972. Now retired after 45 years with Wallem and the main force behind the new Hong Kong Maritime Museum.
  • 1962Wallem became the largest tanker broker for the carriage of water into Hong Kong during the water shortage crisis which lasted 3 years.
  • 1963Established a dedicated Ship Agency department in Hong Kong.
  • 1965Philippines office opened.
  • 1965Nordahl Wallem increases shareholding in Wallem & Co. Ltd to 60%, with Lambert Brothers Ltd acquiring 25% and the balance held by Anthony Hardy as the new Managing Director.
  • 1966Wallem becomes the first non-Chinese ship owner to be admitted to the Hong Kong Ship Owners Association (HKSOA).
  • 1966GSA (General Sales Agency) acquired in Hong Kong for British Eagle airlines, and later for Laker Airways.
  • 1967From 1967 until the early 1970s Wallem ordered a range of new vessels from Japanese yards, including specialized pipe carriers, a woodchip vessel and Freedom type general cargo ships.
  • 1967Wallem Shipping (Thailand) Ltd established in Bangkok.
  • 1971Wallem-Ringdal Offshore Ltd set up to contract and arrange charters and management of offshore drilling rigs via a number of syndicates. Five rigs were built and then before 1980 were sold on a by then booming market.
  • 1971General Sales Agency (GSA) for Cargolux airline was established by Wallem in Hong Kong to handle the new CL-44 swingtail turboprop aircraft that operated regularly to the region.
  • 1971New operating company Wallem Ship Management Ltd incorporated to technically manage a brand new fleet of ten product tankers for Gotaas-Larsen - vessels that had also been contracted at the yard and hire-purchased to Pertamina by Wallem.
  • 1972Wallem Chairman Mr Nordahl Wallem died in Bergen on 9th December, with his shares passing to his widow Blanche and daughter Anne-Sophie.
  • 1973Wallem Travel Ltd was established to manage crew movements, and this was later expanded to include GSAs for various airlines under the name Wallem Airways Ltd.
  • 1973Wallem Towage and Salvage Ltd established in Thailand, at its peak owning 35 assorted vessels operating in Vietnam, Cambodia and Thailand.
  • 1976Wallem enters into partnership with Jahre, DAL and Prince Mishaal Abdulaziz Al Saud in Saudi Arabia to own and operate large tankers as the Saudi Orient Marine Company Ltd. After three years managing the Jeddah office, Wallem sold back its interest.
  • 1980Awarded the management (held for 15 years) of the 'Jahre Viking', the world's largest ship at 564,763 dwt.
  • 1981On the death of Nordahl Wallem's widow Blanche, the Wallem Group was acquired by Hill Samuel and in the process acknowledged as the “world's largest ship management concern” by Lloyd's List.
  • 1988Wallem's Shanghai office re-opened.
  • 1989Jahre Wallem Ship Management Ltd incorporated - a joint venture to manage the Jahre family fleet.
  • 1989Wallem buys a freight forwarding company in Hong Kong (CIFF).
  • 1991Wallem Vietnam opened in Ho Chi Minh City.
  • 1992Ownership of the Wallem Group was acquired, under a pre-emptive right, by Anthony Hardy who brought in as majority shareholder Caledonia Investments and staff participation through Mellaw Investments Ltd.
  • 1993A fleet of seven handysize bulkers (28,000 - 30,000 dwt) was purchased together with partners and operated principally in Asia.
  • 1994Taiwan Wallem Transportation opened.
  • 1994Wallem managed the VLCC 'Ambon', one of the first ships certified by the Green Award.
  • 1997Resumption of Chinese sovereignty over Hong Kong.
  • 1998Japan ship agency company acquired.
  • 1999Decision taken to close the ship operating division, with the handysize bunkers being transferred into the Pacific Basin bulk pool.
  • 1999Wallem Innovative Solutions established and Wallem e-procurement launched (a proprietary supply chain management tool for the marine business).
  • 2000Lloyds Maritime Asia 'Best Ship Manager' and 'Best Crew Manager' Awards.
  • 2001Lloyds Maritime Asia 'Best Ship Manager' Award.
  • 2002Management of FSO tanker 'Okha', a 157,200 dwt vessel designed to operate in fully icebound conditions.
  • 2003Wallem Centenary - 100 years young!
  • 2004Wallem GmbH & Company KG Germany is established.
  • 2004Pen-Wallem established, the first foreign Ship Agency joint venture in China.
  • 2004Purchase of Harpers Singapore and an associated share of Harper Wira in Malaysia.
  • 2005New Wallem Maritime Training Centre established in Mumbai.
  • 2005COSCO Wallem Ship Management Co. Ltd established in Qingdao.
  • 2006New Wallem Maritime Training Centres open in Qingdao and Manila.
  • 2006FW Ship Management Ltd established in Hong Kong.
  • 2006Woodstreet Investments BV acquired The Wallem Group. Woodstreet is jointly controlled by shipping industry specialists, Tom Steckmest, the great-grandson of the founder Haakon Wallem, and Nigel Hill.
  • 2007Women of Wallem (WoW) set up in India to provide support to our seafarers' families and their local communities.
  • 2008Celebrating 50 years in Singapore.
  • 2008Women of Wallem (WoW) set up in the Philippines to provide support to our seafarers' families and their local communities.
  • 2009Wallem Ship Management achieves SAS 70 auditing standard certification (SOX).
  • 2009ID Wallem Ship Management established in Hong Kong.
  • 2010India offices celebrate 25 years of seafarer recruitment and training.
  • 2011Wallem Singapore welcomes 100th cruise call in a 12-month period.
  • 2011Simon Doughty was promoted to Group Managing Director. He originally joined the Group in 2005 as Managing Director, Wallem Ship Agencies.
  • 2012Women of Wallem (WoW) set up in Sri Lanka to provide support to our seafarers' families and their local communities.
  • 2012NW Ship Management established in Singapore to manage a Chinese tanker fleet.
  • 2012Ship broking services return to Shanghai office.
  • 2012Freight forwarding team established in Thailand.
  • 2012SeaSafe Marine established offering independent lifeboat servicing and testing.
  • 2012Marine Buying Services established to offer project-based purchasing.
  • 2013First hub of expertise established in Singapore, where The Wallem Group offers a diversified range of Maritime Solutions to the cluster of maritime companies now established in Southeast Asia.
  • 2013Celebrating 110 years of excellence in maritime services.
  • 2013The Wallem Group acquires full ownership of Wallem Shipmanagement GmbH in Hamburg, Germany.
  • 2013Delivering Maritime Solutions campaign launched to re-position The Wallem Group in the marketplace.
  • 2013Port Agency offices in South Africa established in Cape Town and Durban.
  • 2014Shipping Company of the Year by International Seafarers Welfare and Assistance Network (ISWAN)
  • 2014Wallem Ship Management won the Car Carrier of the Year Awards and the Innovative Bunker and Idle Time Saving (IBIS) Award by NYK
  • 2014Ship Manager of the Year by Seatrade Asia Awards
  • 2014Wallem received award for Most Compassionate Employer of Indian Seafarers
NYK Car Carrier of the Year Award
NYK Car Carrier of the Year Award
17 May 2017
We are pleased to announce that the Wallem-managed vessel, Gemini Leader…

We are pleased to announce that the Wallem-managed vessel, Gemini Leader has been awarded NYK Car Carrier of the Year 2016.

The award was presented to the Captain and crew of the vessel on 2nd May 2017.

NYK Award

Wallem is dedicated to continue supporting our Japanese customers with technical and ship management services for a range of vessel types including car carriers, tankers and container vessels.

Wallem is fully accredited to do full technical management for Japanese flag vessels with Class NK, including the provision of crew with fully compliant Wallem Professional seafarers meeting the stringent Japanese flag requirements.

Wallem Wayfarers Conquer Mt. Fansipan…
Wallem Wayfarers Conquer Mt. Fansipan for Charity
08 May 2017
Three Wallem employees took on the Sailors’ Society Asian Challenge 2017.

On 22nd April, the Wallem Wayfarers comprised of Robbie Outram (Hong Kong), Rod Steele (Singapore) and Yogesh Pasrija (Mumbai) took on the Sailors’ Society Asian Challenge 2017.

The team climbed Mt Fansipan, the highest mountain in Indochina and last major peak at the end of the Himalayan range. In this incredible trekking challenge, these three relatively inexperienced hikers ascended 3,143 meters over 2 days to claim not only glory, but also 3rd place in their category.


Though mist remained for the duration of the weekend reducing visibility, and torrential rain did its best to dampen participants’ spirits; the sheer grit, determination and cohesiveness of the Wayfarers that is indicative of Wallem employees took them to the top in impressive fashion.

The team were proud of their achievement and to have reached their fundraising goal to help seafarers via the Sailor’s Society. 

Please click here to go to their Just Giving page if you would like to make a donation.

Wallem to Sponsor Intertanko Annual…
Wallem to Sponsor Intertanko Annual Tanker Event 2017
11 April 2017
Intertanko’s Annual Tanker Event will be held from 23rd – 26th May 2017.

Intertanko’s Annual Tanker Event will be held from 23rd – 26th May 2017. The event, which will be held at The Houstonian Hotel in Houston, Texas, includes a series of key summits and forums on tanker-related issues; in addition to the Annual Gala dinner.

Wallem is delighted to sponsor the Intertanko photo competition again this year! The competition is open to all seagoing and shore-based staff and photos should cover any aspect of carrying the world’s oil, gas and chemicals safely, cleanly and efficiently. Wallem Senior Management will be there at the event and will proudly announce the winners of the photo competition.

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Click here to register and to find further information including a full rundown of events.