
Since then, the Viken fleet has extended into other ship segments, and in addition to the bulkers now consist of crude oil tankers (suezmaxes, aframaxes and vlcc's) and product tankers (MR's, coated aframaxes), all on long term charters with Fednav, Total and Shell. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. The commercial starting point for Viken Shipping AS and its inception in 1993, was an opportunity to acquire a fleet of eight dry-cargo bulkers which at the time were embargoed under the UN sanctions against the former Republic of Yugoslavia (Serbia and Montenegro). Wallem Shipmanagement (india) Private Limited is a Private incorporated on 18 April 1984. AS only holds interests in real estate connected to the family property in Erviken, and provides offices and other administrative company services to the Viken Shipping Group. Steckmest took over the shares in the family business from his father Arne Steckmest and the other sons of Rita Steckmest.

On his death in 1951 Haakon Wallem left the running of his Norwegian based shipowning activities to his daughter Rita Steckmest, and the business here was continued under the name Wallem Steckmest & Co. The ownership of Wallem left the family in 1968, but was brought back in 2006 when Viken Shipping AS together with co-investors, including the senior management of Wallem, acquired the shareholding. As an independent provider of shipmanagement-services to a fleet of more than 300 ships, Wallem currently ranks among the largest shipmanagers world wide.

Wallem is today one of the largest shipping companies in South East Asia, providing shipmanagement, shipagency and broking - services to shipowners throughout the world.

S/S Oscar II - First vessel of Wallem & Co., Bergen Wallem is today one of the largest shipping companies in South East Asia, providing shipmanagement, shipagency and broking - services to shipowners. Reviews from WALLEM SHIP MANAGEMENT employees about WALLEM SHIP MANAGEMENT culture, salaries, benefits, work-life balance, management, job security, and more.
