Virus outbreak makes Wallenius Wilhelmsen herald bigger slide in volumes

The coronavirus outbreak is a contributing factor now making car carrier Wallenius Wilhelmsen herald a bigger slide in cargo volumes in the first quarter. The shipping company already expected a decline.

Photo: PR/Wallenius Wilhelmsen

Car carrier Wallenius Wilhelmsen heralds a bigger slide in cargo volumes in the first quarter, due to, among other factors, the coronavirus outbreak.

The shipping company estimates that the first three months of the year will bring a 20-percent setback in seaborne volumes compared to the same period last year, according to a notice sent to the Oslo Stock Exchange on Friday.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

3i buys AMP out of Esvagt

Private equity firm 3i, which owns half of carrier Esvagt, has agreed with the company's second owner, AMP Capital, to take over all of Esvagt for GBP 268 million, making 3i the sole owner. The transaction is expected to close in the first quarter of 2022.

Further reading

Related articles

Latest news

See all jobs