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You are here: Home Archive 2009 August 07 WWL sees light at the end of the tunnel

WWL sees light at the end of the tunnel

by Craig Eason - Lloyd's List last modified Aug 07, 2009 12:00 PM

Wallenius Wilhelmsen Logistics has cast doubts on the ro/ro industry's 202 vessel orders although the vehicle carrier believes the car market is showing signs of improvement.

  
WWL sees light at the end of the tunnel

Steaming ahead: WWL sees signs of recovery by year's end (Photo: Southern Cross Maritime)

WWL head of global market intelligence Niklas Carlen said 30 vessels had been cancelled, converted or failed to receive financing.

A further 10 of the more than 200 on order across the industry were doubtful.

Mr Carlen indicated there were signs that...

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