MEDIA RELEASE Wellard’s flagship, the MV Ocean Drover, has celebrated another milestone, transporting its one millionth head of cattle. Following its return to service in perfect condition after a fire in the vessel’s accommodation quarters last year kept it in shipyard for five months, the milestone was achieved on a recent voyage from Townsville to […]
Wellard is an important link in meeting rising global demand for protein through the supply of quality livestock to consumers throughout the world. The purpose-built, technologically advanced livestock vessels that we charter to exporters and importers throughout the world, combined with a specialist livestock crew, ensure optimal welfare outcomes for the livestock on-board and a quality product our customers.
Wellard Proud To Fill WA’s Foodbank
MEDIA RELEASE Wellard has donated 300 quality Western Australian lambs and hoggets to hunger relief agency Foodbank WA as part of the Lamb Legends campaign to provide fresh meat to people who struggle to put a nutritious meal on their dinner table. For the second year in a row, Wellard has been the single largest […]
Wellard Achieves Eid Al Adha Success In Oman
MEDIA RELEASE Wellard has concluded its Eid Al Adha program in Oman, adding to its successful record of ESCAS compliance during Eid. Wellard has been informed by the Department of Agriculture and Water (DoAW) and Meat and Livestock Australia (MLA) that Australian sheep have been detected outside of the Exporter Supply Chain Assurance System (ESCAS) […]
Wellard Agri Renamed To Giovi Ltd
MEDIA RELEASE Wellard is renaming its WA Wheatbelt farming operations from Wellard Agri Ltd to Giovi Ltd as part of a corporate reorganisation to prepare the Company’s flagship trading division for a possible change in capital structure. The name change reflects the current and future ownership structure of Giovi, which will remain under the 100 […]
Wellard To Sponsor PGA Rural Achievement
MEDIA RELEASE Two of Western Australia’s regional icons have come together to support rural achievement at this year’s Pastoralists and Grazier’s Association (PGA) Annual Convention. Leading agribusiness, Wellard, has become the official sponsor of the PGA Rural Achievement Award, the most prestigious and highest awards given to members of Western Australia’s leading farming organisation. The […]
Wellard Signs Joint Venture In China With Fulida Group
MEDIA RELEASE Western Australia’s second largest agribusiness, Wellard, has entered into a formal Joint Venture with one of the top 500 non-SOE companies in China, Fulida Group, to supply and market Australian cattle and beef into China. Wellard and Fulida are 50-50 partners in the Wellao Joint Venture, which will first commence exporting and marketing […]
Wellard Teams Up With The USA In ISDE
MEDIA RELEASE Wellard is again proud to partner up with the American Motorcyclist Association in 2015 as they take on the World’s best Enduro riders in Kosice, Slovakia, at the International Six Day Enduro in September. Now in its ninth year of involvement with the iconic event, Wellard is well entrenched on the world enduro […]
Wellard Welcomes China Slaughter And Feeder Cattle Health Protocols
MEDIA RELEASE Wellard congratulates Agriculture Minister Barnaby Joyce and the Department of Agriculture for their success in negotiating a landmark feeder and slaughter protocol between Australia and China. “The health protocol agreement will enable commercial negotiations to accelerate between Australian cattle exporters and Chinese importers, feedlotters and abattoirs,” said Wellard CEO Mauro Balzarini. “We believe […]
Wellard Sets Cattle Shipping Record
MEDIA RELEASE Leading Australian livestock exporter Wellard has set a record for the largest amount of cattle of exported by the Company in a financial year. A total of 389,327 cattle were exported by Wellard in 2014/15, aided by a record month in April 2015 when 54,314 cattle were transported on the company’s vessels, the […]
Click Goes The Shearer At Wellard
MEDIA RELEASE It is not the dollars, it is animal welfare that is paramount when you are talking about managing sheep, and in its 35 years of operation Wellard has handled more that 32 million sheep. With such a large and longstanding involvement in Australia’s sheep industry Wellard is acutely aware that the shearer plays […]
Wellard Management Restructure
MEDIA RELEASE Wellard has restructured its management team following the resignation of Wellard Rural Exports Chief Executive Officer Fred Troncone. After four years in the role, Mr Troncone will be taking a break to spend some time with his family before moving onto some consulting work, including providing some ongoing advice to Wellard on a […]
Wellard Appoints New Meat Processing And Trading General Manager
MEDIA RELEASE Wellard is pleased to announce the appointment of Kelly Whitehouse as General Manager – Meat Processing and Trading. Mr Whitehouse, who has more than 20 years’ experience in the meat processing industry, will oversee Wellard’s entire meat division, including operations at the company’s Beaufort River Meats abattoir near Kojonup, WA, and its growing […]
Wellard’s Operations In Vietnam
MEDIA RELEASE Statement from Wellard Chief Operating Officer Fred Troncone: This month the live export industry agreed on a six point plan to ensure ESCAS-compliance and animal welfare in Vietnam. This six point plan was derived from the minimum standards Wellard had implemented at all facilities within its Vietnamese supply chain. The requirement for beefed-up […]
Wellard Gets Its Own Kelpie
MEDIA RELEASE Wellard is getting a new kelpie. Wellard CEO Mauro Balzarini said the company had been doggedly searching to get its paws on a new ‘man’s best friend’, and had scoured breeders to find one with the right conformation and constitution. “We’ve gone for a kelpie with an impeccable pedigree,” Mr Balzarini said. “The […]
Wellard Supports Animal Welfare In Vietnam
MEDIA RELEASE Wellard Rural Exports supports efforts by the Australian industry to address a number of Exporter Supply Chain Assurance System (ESCAS) issues, so that they do not undermine the continued operation of facilities that conduct their operations in accordance with ESCAS and proper animal welfare standards. Wellard COO Fred Troncone said exporters to Vietnam […]
Wellard Closes $3.80/Kg Forward Contracting Program
MEDIA RELEASE Wellard has closed its forward contracts for August delivery of mutton sheep to the company’s Beaufort River Meats abattoir in Kojonup, after securing its required numbers. The contracts lock-in prices of up to $3.80/kilogram for the producers who signed up to the supply agreements. Wellard Livestock Manager Paul Mahony said Wellard offered the […]
Changes To Vietnam Supply Chain
MEDIA RELEASE Wellard advises that it has suspended three abattoirs in one region in Vietnam from its supply chain. The suspension is a proactive and pragmatic decision and is not in response to any alleged, perceived or known breaches of the Company’s Exporter Supply Chain Assurance System (ESCAS). The importer, who supplied the abattoirs, agrees […]
Mauro Balzarini Takes-Up The CEO Challenge To Raise Money For Youth Focus
MEDIA RELEASE Wellard CEO Mauro Balzarini will swap his moleskins for lycra later next month to take part in the Hawaiian Ride for Youth CEO Challenge and support youth mental health initiatives. The 2015 Hawaiian Ride for Youth starts in Albany on 24 March and finishes in Perth five days later. For the first time, […]
Wellard Buys A Ute
MEDIA RELEASE Wellard is pleased to advise that it has bought a ute. Wellard CEO Mauro Balzarini said the company had been viewing an addition to its stable of workhorses for some time, but had been unable to find the right one, until now. “Like any Australian rural-based business, we recognised the value of owning […]
Wellard Welcomes Australia China Free Trade Agreement
MEDIA RELEASE Wellard congratulates the Australian Government and Trade Minister Andrew Robb on the successful negotiation of the China-Australia Free Trade Agreement (ChAFTA). “Negotiation of the ChAFTA is of utmost importance for the whole agriculture sector, and specifically for the farmers and businesses that rely on the live export trade,” Wellard Managing Director Mauro Balzarini […]
Wellard Riders Quinella ISDE In C2 Division
MEDIA RELEASE Wellard Club Team riders have secured first and second place in the C2 class at the International Six Days Enduro (ISDE). This year’s event, in San Juan, Argentina, attracted more than 560 riders from 30 countries, and was contested in very dry and sandy conditions, resulting in one the hardest ISDEs of the […]
MV Ocean Drover Departs For Singapore
MEDIA RELEASE Wellard’s vessel, the Ocean Drover, is in the process of being relocated to Singapore for repairs to the vessel’s bridge and accommodation areas. The vessel left Fremantle yesterday under the control of an 8,000 horsepower sea tug for the 2.5 week voyage to Singapore. Wellard Ships Director Paolo Triglia said while the sea […]
Wellard Secures Contract For 22,500 Dairy Heifers With Sri Lanka
MEDIA RELEASE Wellard will supply 22,500 dairy cattle to Sri Lanka after securing two contracts worth almost $100 million with the Sri Lankan Department of Economic Development (SLDED). The contracts build on the recent and successful completion of a previous contract to supply 2,000 dairy heifers to SLDED, which also included the renovation existing facilities […]
Wellard Thanks Emergency Crews
MEDIA RELEASE Wellard Rural Exports wishes to express its heartfelt thanks and appreciation to Fremantle Port and emergency services crews for their response to the fire on board the Ocean Drover. Wellard CEO Mauro Balzarini said the incident demonstrated the capabilities and professionalism of emergency crews and systems to protect lives and infrastructure at Fremantle Port […]
Update – Fire On Wellard Vessel At Fremantle Port
MEDIA RELEASE One person has been injured and hospitalised following a fire on board Wellard vessel Ocean Drover at Fremantle Port earlier today. Three other people are being assessed by hospital doctors. The fire is believed to have occurred in the ship’s accommodation area at approximately 8am. The fire has been contained to the accommodation and bridge […]
Fire On Wellard Vessel At Fremantle Port
MEDIA RELEASE Wellard can confirm there has been a fire on board its vessel Ocean Drover at Fremantle Port. The fire occurred in the ship’s accommodation area. All crew have been accounted for and safely evacuated from the vessel. One person has been injured and is receiving medical treatment. No livestock were on board the […]
Beaufort River Meats First WA Lamb Supply To Progressive Supa IGA Supermarkets
MEDIA RELEASE September 22, 2014 Prime lamb from Wellard’s Beaufort River Meats (BRM) will be available throughout Perth and South West WA for the first time, after BRM began supplying Progressive Supa IGA’s nine stores this week. Beaufort River Meats Business Development Manager Blair Brice said the Progressive Supa IGA supply arrangement was a major breakthrough […]
Wellard Helps To Fill Foodbank WA’s Freezer
MEDIA RELEASE September 19, 2014 Wellard has donated 289 quality Western Australian lambs to hunger relief agency Foodbank WA as part of the inaugural Lamb Legends campaign to provide fresh meat to people who struggle to put a nutritious meal on their dinner table. Wellard Livestock Manager Paul Mahony said the company bought the animals […]
Wellard MD To Help Shape International Trade For Australian Agri Sector
MEDIA RELEASE Wellard Managing Director Mauro Balzarini has been appointed to the Australian Federal Government’s Trade and Investment Advisory Council (TIPAC). The TIPAC, which meets for the first time today, was formed to provide an important source of advice on the challenges and opportunities involved in advancing the Federal Government’s trade and investment agenda. “This […]
Wellard Expands China Portfolio To Sheep And Mutton
MEDIA RELEASE Wellard has expanded its exports into China to include commercial consignments of high quality Dorper breeding stock and accreditation of its abattoir, Beaufort River Meats (BRM), to export to China. Building on the company’s significant presence in China as an exporter of high performance dairy heifers from Australia and New Zealand, Wellard has […]
News Feed
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M/V Ocean Drover Reaches 200th Voyage Milestone
Find out moreMedia Release The workhorse of the Wellard’s livestock shipping fleet, the M/V Ocean Drover, has celebrated the success of its 200th voyage. Launched twenty years ago as the M/V Becrux (it was renamed the M/V Ocean Drover in 2009), the vessel was a breakthrough for the live export sector as it was first large livestock […]
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Wellard releases FY2020 financial results, recording maiden full year profit
Find out moreASX Announcement Wellard Ltd (Wellard, ASX:WLD) advises that it recorded its best full year Earnings Before Interest Tax Depreciation and Amortisation (EBITDA) result of $23.3 million in FY2020, as the Company began to realise the benefits of its debt restructure program to record its first full year financial profit since listing on […]
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Wellard completes capital restructure through sale of M/V Ocean Shearer for US$53 million
Find out moreASX Announcement Highlights Sale of MV Ocean Shearer completed for US$53.0 million (approx. A$89.8 million1) to reduce Wellard financial debt2 to US$16.9 (approx. A$28.7 million); US$40.8 million (approx. A$69.1 million) reduction in existing debt; US$12.2 million (approx. A$20.7 million) increase in cash on hand; Wellard’s fleet right-sized to three vessels; Successful sale transaction will complete company […]
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Wellard to defend shareholder class action
Find out moreASX Announcement Wellard Limited (Wellard) has today been served with a class action proceeding filed in the Federal Court of Australia in Victoria. The proceeding filed by Quinn Emanuel Urquhart & Sullivan is on behalf of all persons who or which: acquired an interest: in ordinary shares in Wellard between 8 December 2015 and 31 August […]
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Wellard releases H1 FY2020 financial results
Find out moreASX Announcement Wellard Ltd (Wellard, ASX:WLD) advises that it recorded Earnings Before Interest Tax Depreciation and Amortisation (EBITDA) of $10.8 million and a net loss after tax of $2.1 million in the six months to 31 December 2019, as the Company continued to restructure its operations and balance sheet. Revenue declined from $188.2m to $49.1m reflecting the […]
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Wellard to complete capital restructure through sale of M/V Ocean Shearer for US$53M
Find out moreASX Announcement Highlights Sale of MV Ocean Shearer for US$53.0 million (approx. A$77.8 million1) to reduce Wellard financial debt to US$16.7 (approx. A$24.6 million)2; US$42.3 million (approx. A$62.0 million) reduction in existing debt; US$10.7 million (approx. A$15.8 million) increase in cash on hand; Wellard’s fleet right-sized to three vessels (two owned and one exclusively leased); Successful […]
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WELLARD LIMITED EXECUTIVE CHAIRMAN’S REPORT ANNUAL GENERAL MEETING: 22 NOVEMBER 2019
Find out moreASX Announcement Welcome I would like to welcome shareholders to the 2019 Wellard AGM, my second as Executive Chairman of the Company. As with last year, I will provide a brief chairman’s address before providing more detailed information about the operations and finances of the Company in my executive capacity, alongside the Company’s Chief Financial Officer John Stevenson. […]
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Results of Wellard General Meeting of Shareholders Sale and Leaseback of MV Ocean Swagman Approved
Find out moreASX Announcement Wellard Ltd (Wellard, ASX:WLD) advises that shareholders have voted this morning to approve the sale for US$22M, and lease back of the livestock vessel the MV Ocean Swagman to Heytesbury Singapore Pte Ltd, a subsidiary of Heytesbury Holdings Company Pty Ltd. 73.40% of votes cast in person or by proxy were in favour […]
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Wellard releases FY2019 financial results
Find out moreASX Announcement Wellard Ltd (Wellard, ASX:WLD) advises that it retained positive EBITDA and cashflow for FY2019, however poor trading conditions in the second half of the financial year (H2 FY2019), vessel impairments and financing costs contributed to a net loss after tax of $48.4 million (FY2018: $36.4 million). Improved EBITDA of $12.0 million (FY2018: $9.8 million), operating […]
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Sale of M/V Ocean Swagman to Heytesbury for US$22M to proceed
Find out moreASX Announcement Wellard Limited (ASX:WLD) (Wellard or the Company) advises that it will proceed with the sale of the M/V Ocean Swagman to Heytesbury Holding Company Pty Ltd (Heytesbury) for US$22M. The transaction also includes a bareboat charter of the vessel back from Heytesbury to Wellard immediately upon completion of the sale which is expected to complete on […]