The shipping crisis is lashing out at every moving entity, and Finland's Wärtsilä took a blow in the second quarter, in which the result before taxes dropped significantly to EUR 58 million. In light of the challenging circumstances this is satisfactory, says the CEO.
BY KATRINE GRØNVALD RAUN
The gloomy shipping markets are directly reflected in the books at Wärtsilä, which among other things is a marine engine supplier.
The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in Q3.