Wellard is a pioneering Australian-based company specializing in global livestock shipping and maritime transportation. With a fleet of advanced vessels, the company has been a key player in the live export sector, providing comprehensive livestock transportation services across international markets. Their strategic approach involves designing, building, and operating specialized vessels that ensure the safe and efficient movement of livestock worldwide.
The company has undergone significant financial restructuring in recent years, focusing on optimizing its fleet and balance sheet. By selling and strategically leasing vessels like the MV Ocean Shearer and MV Ocean Swagman, Wellard has reduced its financial debt and increased its cash reserves. This capital restructuring has allowed the company to right-size its fleet to three vessels and position itself for more sustainable operations in the competitive livestock shipping industry.
Wellard’s commitment extends beyond mere transportation, emphasizing animal welfare and operational excellence. They have developed a reputation for delivering best-in-class animal transportation services, with milestone achievements like their M/V Ocean Drover completing 200 voyages. Listed on the Australian Securities Exchange (ASX:WLD), the company continues to evolve, focusing on efficient logistics, financial stability, and maintaining its position as a leading global livestock shipping enterprise based in Fremantle, Western Australia.
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