| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2018 - 31 Dec 2018 | 20 Mar 2019 | 34 | 34% | 51% | 15% | 12% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days for office related payments 45 days for vessel related payments
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
45
If there is any dispute relating to any invoice or other statement of payments due, WSM shall notify the Supplier in writing and the Supplier shall provide all such evidence as may be reasonably necessary to verify the disputed invoice or request for payment. Where only part of an invoice is disputed, the undisputed amount shall be paid by WSM on behalf of the Customer in accordance with Condition 8.2 provided that WSM has received from the Supplier a revised invoice in respect of the undisputed amount. The Supplier’s obligations to supply the Products shall not be affected by any payment dispute
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
WILHELMSEN LINES CAR CARRIERS LTD. is a global shipping and logistics company that specializes in the transportation of cars, trucks, and other vehicles. The company's sustainability program focuses on reducing its carbon footprint and promoting sustainable practices throughout its operations.
Their products and services include ocean transportation, port services, and logistics solutions for vehicle manufacturers, dealers, and importers. They have a fleet of modern and environmentally friendly vessels equipped with the latest technology for efficient and safe transportation.
Key people at WILHELMSEN LINES CAR CARRIERS LTD. include the CEO Thomas Wilhelmsen and the Chief Sustainability Officer, Inge Sandvik. They are committed to implementing sustainable practices and continuously improving their operations to reduce their environmental impact.
The company's website, www.wilhelmsen.com, provides information on their services, sustainability initiatives, and news updates. Their registered office address is in Lysaker, Norway.
In summary, WILHELMSEN LINES CAR CARRIERS LTD. is a leading global shipping company that prioritizes sustainability in its operations. With a focus on transportation of vehicles, they offer efficient and eco-friendly services to their clients. Their key people are dedicated to promoting sustainable practices, and their website provides comprehensive information for customers and stakeholders.