MEDIA RELEASE Wellard is proud to be supporting the next generation of young motocross champions in Western Australia by sponsoring a free coaching day for the local Kojonup community, south of Perth. Wellard invited local riders and their families to the Yannawah track in Kojonup to develop their motocross riding skills with one-on-one tuition from […]
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’s Beaufort River Meat Hits The Half Million Mark
MEDIA RELEASE Wellard has processed its 500,000th head of livestock through its Woodanilling abattoir, Beaufort River Meats (BRM). The company hit the milestone with a 19.3 kilogram mutton carcase, which has been broken and frozen for export to Taiwan. More than two thirds of the half a million animals processed at BRM have been mutton sheep […]
Investigation Into Documentation Irregularities
MEDIA RELEASE Around March last year Wellard identified a number of issues of concern with respect to a shipment of sheep to Bahrain and Pakistan. After conducting its own investigation, Wellard proactively informed the Australian Federal Police of those concerns. Recently the Company became aware of additional irregularities which it has also reported to the […]
Wellard Adds To The Grange Agri Hub With Property Purchase
MEDIA RELEASE Wellard has added an additional 2,000 hectares to its rural landholding in Western Australia, through the acquisition of a property adjacent to its Dongara Agri Hub at The Grange. The purchase of the property adds to the existing 14,500 hectares Wellard Agri farms at The Grange and takes Wellard’s total rural landholding to […]
MV Ocean Drover Voyage To The Gulf Of Aqaba
MEDIA RELEASE Wellard advises that one its ships, the MV Ocean Drover, is not achieving the success rates normally expected or achieved by the vessel, due to a number of issues it has encountered on its current voyage to the Gulf of Aqaba. The company has advised the Department of Agriculture Fisheries that the sheep […]
Ocean Drover Voyage To Gulf Of Aqaba
MEDIA RELEASE Wellard has taken the decision to load additional livestock feed on the MV Ocean Drover as the vessel continues its voyage to Gulf of the Aqaba. Loading of additional livestock feed safeguarded the continued provision of energy and protein to the livestock on board at levels in excess of their daily requirements. Since […]
MV OCEAN DROVER UNDER WAY AFTER ENGINE ISSUE RECTIFIED
MEDIA RELEASE The Wellard-owned and operated MV Ocean Drover is continuing its journey to the Aqaba Gulf after a main engine malfunction was rectified by the vessel’s on-board engineers. The vessel’s Master had stopped the vessel for 72 hours to give the engineers sufficient time to assess and rectify the problem and test the repair. […]
Record Wellard Grain Harvest
MEDIA RELEASE Wellard has recorded its largest every grain harvest, returning nearly 55,000 tonnes of grain and oilseeds from its three Agri-Hubs. Like most Western Australian farmers, Wellard’s crops benefited from well-timed spring rainfall, enabling the company to harvest a record crop in the 2013 growing season, just beating the previous record set in 2011. […]
Vale Motocross Champion Kurt Caselli
MEDIA RELEASE Wellard regrets that it has been advised that talented motocross rider Kurt Caselli has tragically died after crashing during the Baja 1000 racing event in Mexico. Kurt was a member of the successful Wellard team at the International Six Day Enduro (ISDE) this year and showed immense talent as a motocross competitor. “We […]
Live Export Awards Recognise Young Wellard Talent
MEDIA RELEASE Wellard Rural Exports rising talent Gemma Lomax was celebrated last night as she was awarded the 2013 Livestock Export Industry Young Achiever Award. Gemma was honoured for her achievements and contribution to the live export industry and the broader agricultural sector as an outstanding and ongoing representative. Gemma, an agriculture university graduate, joined […]
Wellard Ships Finalist In Lloyd’s List Asia Awards
MEDIA RELEASE Wellard has been shortlisted as a finalist in the prestigious 2013 Lloyd’s List Asia Awards, for excellence in the Training category. The Lloyds List Asia Awards recognise the dedication to excellence in the maritime profession across numerous categories. The winners will be announced at a special event to be held in Singapore on […]
Bernie Brosnan Appointed To Manage Wellard South East Asia
MEDIA RELEASE Wellard Rural Exports has appointed Top End cattle industry stalwart Bernie Brosnan to oversee the company’s South East Asian operations. The former chief of the Northern Territory Livestock Exporters Association started his role as general manager South East Asia last week. Wellard Rural Exports CEO Fred Troncone said Mr Brosnan’s previous experience in […]
Connor Claims Western Australian Women’s Enduro Title
MEDIA RELEASE Wellard/CLAAS/Yamaha rider Shelley Connor has won the Western Australian State Women’s Enduro title in her first year of the competition. The university student from Kensington, clinched the series in a nail-biting finale decided by a double header round in the rugged terrain near Busselton, three hours south of Perth. “An extremely technical special […]
ESCAS Failures Not An Industry-Wide Issue
MEDIA RELEASE Wellard, like many Australian exporters who have invested resources to make Australia’s Exporter Supply Chain Assurance Scheme (ESCAS) work, is frustrated that the positive impact of ESCAS is being undermined by the recent events in Jordan during the current Eid Festival. Although this has been portrayed as an industry issue, Wellard believes it […]
International Six Day Enduro Event Under Way With Wellard Teams Performing Strongly
MEDIA RELEASE Wellard Rural Exports (Wellard) is proud to be sponsoring four teams currently competing in the International Six Day Enduro (ISDE) in Sardinia, Italy. Described as the Olympics of offroad motorcycle racing, the ISDE attracts more than five hundred riders from thirty-two countries each year. At the end of the second day of competition […]
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 […]