WEM Lines can look back on a successful past, but this would not have been possible without keeping tomorrow’s challenges always in view. We are committed to the renewal of our fleet and the continuous improvement of everyone working at WEM. We are determined to remain at the forefront of our industry and maintain our leadership position in maritime transportation of energy well into the future. We value our long-lasting relationships with customers, suppliers and business associates.
Our Board of Directors is always looking into various way of increasing revenues. Our previous financial endeavors namely the penetration in the newbuilding market has helped us increase our net income as opposed to previous years.
Regarding our financial structure, our main goal is to decrease o/s indebtedness. By owing less money to financial institutions we would also be limiting our exposure to charter rates and interest rates volatility/risk.
Regarding our financial structure, our main goal is to decrease o/s indebtedness. By owing less money to financial institutions we would also be limiting our exposure to charter rates and interest rates volatility/risk.
