25/03/2021at 13:50

Wilhelmsen allocates USD 500 million to new business investments

Wilhelmsen shifts focus from the oil and gas segment to activities that, among other things, can help reduce CO2 emissions in the maritime industry. To promote these efforts, the company plans to invest USD 500 million in new businesses.

by ASTRID STURLASON

Wilhelmsen makes organizational changes to make room for investments in new businesses that will help boost growth in, among other things, maritime services and the reduction of CO2 emissions.

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