Our story
Building on tradition to deliver excellence
Our Mission
To be a dedicated, trusted partner in maritime globally, delivering expertise and industry-leading services that support safe, smart and sustainable operations.
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Our Mission
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Our Vision
To support the evolving needs of our clients and the wider maritime industry with world-class services that aim to serve the Ship of the Future.
Our Vision
Our vision is to be the leading provider o technology driven maritime solutions in a customer centric and transparent manner
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Our Values
Committed to delivering excellence, we take a collaborative and people-oriented approach to our operations, prioritising the needs of our clients and seafarers.
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Our Values
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Our History
Wallem is a modern company built on traditions. It was founded in Shanghai in 1903. Founder Norwegian shipbroker Haakon Wallem bought his first ship, the SS Oscar II, a 4,750-dwt sail-steamer. By 1908 the company was managing two sisterships in the coal trade along the Chinese coast, making Wallem – in effect – the world’s first third-party ship manager.
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Why Wallem
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Today, Wallem operates globally. Our portfolio of services has similarly expanded to meet the changing needs of clients.
Innovative Solutions
In addition to full management of tankers, bulk carriers and vehicles carriers, we offer select services to cruise ships, naval vessels, project cargo, container ships, heavy lift and breakbulk projects.
Expert Team
The welfare of Wallem seafarers is an essential part of our safety culture as, ultimately, caring for our staff's wellbeing means our staff will care for the wellbeing of your assets.
Our history

1903
Wallem & Co. is established in Shanghai, China as a ship broking and chartering company

1905
Haakon Wallem acquires his first ship, SS Oscar II, a 4,750-dwt sail-assisted steamer built in 1893

1908
Wallem becomes the world’s first third-party ship manager when it is appointed to manage sisterships SS Chingtufu and SS Tsinanfu, both employed in the coal trade on the Chinese coast

1925
Wallem opens its Hong Kong office

1958
Wallem opens its Singapore office

1963
Wallem establishes a dedicated Ship Agency department in Hong Kong

1966
Wallem becomes the first non-Chinese ship owner to be admitted to the Hong Kong Ship Owners Association

1967
Wallem Shipping (Thailand) Ltd was established in Bangkok

1991
Wallem Shipping Vietnam was opened in Ho Chi Minh City

1994
Taiwan Wallem Transportation Co Ltd was opened in Taipei in October

2005
COSCO Wallem Joint Venture established

2009
Launch of Wallem Commercial Services

2017
Wallem Group becomes the first global ship manager to take into management a Japanese-flagged vessel

2018
Wallem celebrates 60 years in Singapore

2023
Wallem celebrates its 120th anniversary

2024
Take over of the first LNG-fuelled ship