Wallenius Wilhelmsen sees ‘favourable’ supply-demand balance in mid-term
Volumes are rising but so are fuel and other costs. Pent-up demand for cars and parts shortages — notably semiconductor chips — have created inefficiencies
Car carrier Wallenius Wilhelmsen said an uneven recovery and the costs of bringing its operations back to life have weighed on profits. The group revived eight idled ro-ros in the first quarter and will return another eight to service this year