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Wellard is an important link in meeting rising global demand for protein through the supply of quality livestock to consumers throughout the world. The purpose-built, technologically advanced livestock vessels that we charter to exporters and importers throughout the world, combined with a specialist livestock crew, ensure optimal welfare outcomes for the livestock on-board and a quality product our customers.

MV Ocean Swagman Returning to Service

March 4, 2016

ASX Announcement

Wellard Ltd (ASX:WLD) advises that its vessel, the MV Ocean Swagman, has completed repairs and sea trials in Montevideo and has returned to normal operations.

The vessel is expected to begin loading a consignment of cattle in the next few days. Wellard expects that on completion of the voyage the MV Ocean Swagman will load cattle in South America as part of Wellard’s strategy to develop global supply.

For further information:

Investors
Managing Director, Mauro Balzarini
Finance Director, Greg Wheeler
Phone: + 61 8 9432 2800

Media
FTI Consulting, Cameron Morse
Phone: + 61 8 9485 8888
Mobile: +61 (0) 433 886 871

News Feed

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  • Posted on

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    ASX Announcement Highlights Sale of MV Ocean Shearer for US$53.0 million (approx. A$77.8 million1) to reduce Wellard financial debt to US$16.7 (approx. A$24.6 million)2; US$42.3 million (approx. A$62.0 million) reduction in existing debt; US$10.7 million (approx. A$15.8 million) increase in cash on hand; Wellard’s fleet right-sized to three vessels (two owned and one exclusively leased); Successful […]

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