Awilco

Image shipping offshore

The Awilhelmsen Group has been Invested in shipping since its inception in 1939. Awilco AS is the shipping and offshore arm of Awilhelmsen, and is today a privately held company located in Oslo, Norway, focusing on investments in and operation of shipping and offshore assets, as well as financial investments within among other renewable energy, carbon capture and usage (CCU), and land-based fish farming.

The company

Awilco has since its inception in 1939 owned and operated vessels and rigs within various shipping and offshore segments, including the previously stock listed companies Awilco Offshore and Ocean HeavyLift. The company has extensive in-house commercial and technical competence within operations, conversions and newbuilds with a strong track-record, and has an active role within the three stock listed companies it established; Awilco LNG ASA, Awilco Drilling Plc, and Integrated Wind Solutions AS. In addition, Awilco manages a financial portfolio focusing on among other renewable energy, carbon capture and usage (CCU), and land-based fish farming.

Environmental, Social and Governance Reporting (ESG)

Awilco works systematicly and continuously to protect and improve the environmental, social and governance sides of our business. This has been a priority all the time from the start, however, from 2019 Awilco has published formal ESG reports.

Click on the link to see Awilco’s ESG report for 2020

Ownership

Today, Awilco owns 38.6% of the shares in Awilco LNG ASA (ALNG), 50% of Awilco Eco Tankers Holding AS, and 28.4% of the shares in Integrated Wind Solutions AS. In addition, the ownership of 37,1% in Awilco Drilling Plc is managed by Awilco on behalf of the Awilhelmsen Group. Awilco Technical Services AS (ATS) is a wholly-owned technical management company of Awilco AS and has the technical management of Awilco Eco Tankers’ two vessels as well as both of Awilco LNG’s vessels. Awilco is a wholly-owned subsidiary of Awilhelmsen AS.

- Integrated Wind Solutions
- Awilco Drilling
- Awilco Eco Tankers
- Awilco LNG
- Awilco Technical Services