Carriers

Wallenius Wilhelmsen lost revenue as Red Sea crisis removes capacity

Despite a weak Q4 with the Red Sea crisis, the Norwegian shipping company believes that 2024 will be better than 2023, which delivered growth on the bottom line.
Lasse Kristoffersen, CEO of Wallenius Wilhelmsen, which competes with Höegh Autoliners for sea transportation of cars, thinks 2024 will be better than 2023. | Photo: Capital Link / Dnv
Lasse Kristoffersen, CEO of Wallenius Wilhelmsen, which competes with Höegh Autoliners for sea transportation of cars, thinks 2024 will be better than 2023. | Photo: Capital Link / Dnv
by DAG HOLMSTAD

Wallenius Wilhelmsen had a relatively weak fourth quarter last year, in spite of the booming market for car carriers. 

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