Subscribe to RSS feedCargo upturn gives hope for Wilh. Wilhelmsen
by
Craig Eason, Oslo
—
last modified
Feb 25, 2010 02:50 PM
AN INCREASE in cargo volumes in the last quarter of 2009 failed to offset poor market conditions during the rest of the year for Oslo-listed Wilh. Wilhelmsen Group.
However, the company said ro-ro markets would continue to recover in most regions as activity increased for car sales and other heavy cargoes.
The family-controlled group reported full-year income of US$2.5bn for 2009, compared with US$3.4bn a year earlier. Net...
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