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Car carrier scraps vessels and puts ten in lay-up

Car carrier Wallenius Wilhelmsen turns to drastic measures in the wake of the coronavirus outbreak. Up to four vessels are sent for scrapping while another ten might end up being laid up. The shipping company reports "longer term impacts" on its business.

Photo: PR / Port of Gothenburg

Norwegian car carrier Wallenius Wilhelmsen now faces the consequence of significantly reduced activity by reducing its active fleet of ro-ro vessels.

Up to four of the company's vessels will be sent for scrapping, while up to ten ships could end up going in to cold lay-up. Meanwhile, proposed dividend payments for 2019 are withdrawn, informs the company on Monday.

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