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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.

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