MV Ocean Swagman returning to service

March 4, 2016

Wellard Ltd advises that its vessel, the M/V 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.

With the expected return to operation of one of Wellard’s other vessels, the M/V Ocean Outback, later in the month, Wellard has a booked a program to load 42,000 cattle in the month of March from Australia and South America. They will be transported to various destinations in South East Asia and the Middle East.

“It is pleasing that the Company’s full fleet will be back in operation soon. We are receiving strong customer demand and sourcing sufficient supply for livestock to fill customer orders, so the fleet will be well utilised. We are also working on capitalising on new market opportunities in the coming months,” said Wellard CEO Mauro Balzarini.

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

Visit www.wellard.com.au