Westfal-Larsen Group

www.wlco.no

• Westfal –Larsen is a group of companies owned by the Westfal-Larsen family.

• The core business is to provide marine transportation services.

• The group is also engaged in real-estate, trade and new ventures.

History • Westfal-Larsen was founded in 1905 in Bergen,

Norway. • The liner trade on US West Coast and Latin America

and chemical tankers are important elements. • Co-founders of Star Shipping in 1962. • Started co-operation in the chemical tanker sector with

Odfjell in 1964, later to become Odfjell Westfal-Larsen Tankers AS in 1980.

• Sold out of the chemical tanker sector in 1990. • WL´s holdings in Star Shipping was transferred to

newly established Masterbulk in Singapore in 1995. • 2008 – Split of Star Shipping and founding of • Westfal-Larsen Shipping

Current fleet Westfal-Larsen & Co AS • 10 Chemical Tankers • 2 Product/Chemical Tankers Masterbulk Pte. Ltd. • 22 Open hatch dry cargo vessels.

Vessels/Management Westfal-Larsen Management AS • 10 Chemical Tankers • 2 Product/Chemical Tankers • 5 Open hatch dry cargo vessels

Masterbulk Pte. Ltd. • 18 Open hatch dry cargo vessels.

Personnel • The WL companies employ about 1100 people world wide. • The largest group of employees are 950

seafarers from the Philippines. • The second largest group are 100 seafarers

from Latvia/East Europe. • About 120 persons are employed in the

shipping offices in Bergen, Singapore ,Manila, Livorno, Rio De Janeiro, Dubai and Shanghai.

Mission and policy

The Westfal-Larsen group of companies shall

provide

first class marine transportation services

to their customers.

First class service

Attractive fleet of vessels Organization ashore and onboard Communication

Westfal-Larsen

Private owned / small company In-house commercial and technical operation Fleet of very modern vessels Have to be “on top” at all time

Westfal-Larsen Feed-back from operation/chartering

dept. Crew: - be attractive in the marked - motivate crew - family - streamline onboard operation Safety issues: -Medico -High risk area Technical: - Transfer of data - Troubleshooting / upgrading

VSAT onboard – operational impact

Commercially: • Closer relation vessel <-> charterer/operator

• Unlimited communication :

• Large documents/attachments are allowed • Continuous communication vessel <-> agent &

other 3rd parties • Direct access to relevant web sites / online

databases. (Business processes moving online.)

• Increased goodwill: vessels are “always-on”, and “super-fast” at responding to customer/charterer’s requests.

VSAT onboard – operational impact

Technically: • Closer relation vessel <-> ship management • Technical troubleshooting =

pictures/documents/reports • Prepare for access to onboard components

from supplier’s service team • Ship Management Business systems with

continuous replication. • Direct access to relevant web sites / online

databases.

VSAT onboard – operational impact

Crew welfare: • Standard package on all vessels:

• Low-cost crew calling services • Free internet access – including private

email, chat clients support etc.

• MLC 2006 compliance wrt. onboard communication facilities for crew

• Retention rate according to our KPI

Moving forward - XpressLink

• Ongoing upgrade project • Upgrades to XpressLink completed during 1st

half of 2013. • High speed VSAT and FleetBroadband combined • Fixed monthly cost regardless of which carrier

is in use (bye bye additional comms. cost) • 100 % internet coverage • Global roaming IP (1 fixed public IP address per

vessel) • Prepared for GX / Ka-band (2014 is just around

the corner) • Increased bandwidth

Moving forward - XpressLink

• XpressLink – technology / business impact: • Simplified infrastructure setup (1 public IP) • Increased bandwidth • Fleet firewall service • Video conferencing (?) • Real-time information provided ashore on

demand • Prepared for increased data transfer shore

<-> ship: weather info, ENC’s, structured systems