Corporate Governance

Wallenius Shipping is included in Soya Group, a group of companies owned by Rederi AB Soya. Wallenius Shipping comply with the policies established for the entire Soya Group:

  • Alcohol and drug policy 
  • Anti-corruption policy
  • Communication policy 
  • Co-worker policy
  • Equality policy
  • Travel policy
  • Security policy
  • IS/IT policy
  • Occupational health and safety policy

These Group-wide policies, manuals and instructions are available on the intranet for all employees regardless working on board or ashore.

All aspects of Wallenius Shipping’s business are governed by international and national rules and regulations. We must meet the requirements of these, both within on shore and on board ships in order to obtain a permit to operate the vessels. 

Below are the most significant regulations:

International 

  • SOLAS – International Convention for the Safety of Life at Sea
  • ISM – International Safety Management Code
  • COLREG - Convention on the International Regulations for
  • Preventing Collisions at Sea
  • MARPOL – International Convention for the Prevention of Pollution from Ships
  • ISPS – International Ship and Port Facility Security Code
  • STCW – International Convention on Standards of Training, Certification and Watch keeping for Seafarers
  • IMDG - International Maritime Dangerous Goods (IMDG) Code
  • MLC – MARITIME LABOUR CONVENTION

National 

  • The Swedish Transport Agency’s regulations
  • Singapore National regulations (flag state regulations)
  • Local port state regulations in ports called by Wallenius vessels