Wallenius Wilhelmsen turns in a positive third quarter as pent-up demand boosts auto sales while high and heavy cargo wavers.
Includes vehicles, “high and heavy” cargo such as wheeled agricultural and mining machinery and tractors, and breakbulk and project cargo moved on wheels on ro-ro ships and auto carriers.
News & Analysis
02 Oct 2020
The car trade will soon be back to pre-COVID levels, according to Grimaldi’s CEO, as the company incorporates 17 green, high-tech newbuildings into its ranks and the European vehicle market adapts to green tech and decarbonization.
28 Sep 2020
The ports of Baltimore, Maryland, and Brunswick, Georgia, have reported a sharp uptick in roll-on, roll-off (ro-ro) cargo since June as consumer demand returns and dealers restock vehicle inventories.
25 Sep 2020
Even before the COVID-19 pandemic shut down automobile manufacturing and consumer demand, vehicle volumes in and out of European ports were well below prior year levels.
24 Sep 2020
Risk of excess capacity in the global roll-on, roll-off (ro-ro) fleet remains high even as sales improve, as car and high and heavy volumes are not expected to return to 2019 levels until 2023.
25 Aug 2020
Breakbulk shipper John Deere is signaling mild optimism for the balance of the year even as construction and agriculture machinery sales falter due to the COVID-19 pandemic.
24 Aug 2020
Despite a COVID-19-driven construction slowdown and a complex permitting regime, the second wave of breakbulk cargo will soon begin delivery to the $40 billion LNG Canada project.
21 Aug 2020
Stable high-and-heavy cargo volumes reduced loss margins for Wallenius Wilhelmsen as the carrier slow steams and puts 15 ships in cold layup to cut costs.
31 Jul 2020
The heavy equipment manufacturer saw second-quarter sales tumble 42 percent in North America as the economic effects of the COVID-19 crisis crushed end-user demand.
18 Jun 2020
The automotive restart has encountered headwinds, as uneven timings of plant re-openings have created trade imbalances and factories have reduced their production capacities due to a lack of access to parts, while consumer demand remains a key unknown.
01 May 2020
Caterpillar says production and demand for high-and-heavy equipment were flattened by the COVID-19 shutdown during the first quarter of 2020.
30 Mar 2020
Torbjørn Wist will be leaving SAS to join the ro-ro carrier Wallenius Wilhelmsen group, now grappling with the effects of COVID-19 as automotive production and demand wither globally.
26 Mar 2020
With little cargo to transport amid the COVID-19 pandemic, carriers are reviewing schedules and service networks and angling for substitute cargoes.
23 Mar 2020
Global car and roll-on, roll-off (ro-ro) carrier Wallenius Wilhelmsen Group is laying up ships and sending others to the scrap yard to preserve cash and liquidity as the spread of coronavirus causes automotive production to shut down worldwide.
25 Feb 2020
Retired executive and ex-Wilhelmsen group board chair Wilhelm Wilhemsen, fourth generation to run the family business, has died at age 82.
28 Jan 2020
US ports are expanding their ro-ro capacity as they look for a competitive edge, betting on growth despite tariff threats.
27 Jan 2020
Some US ports handling “high and heavy” equipment reported seeing minimal impact from the US-China trade war last year, while others said they had been considerably affected.
24 Jan 2020
Grupo Murchison and Neltume Ports have formed a joint venture to operate the Port of Mobile’s new ro-ro terminal, expected to open in early 2021.
04 Oct 2019
Georgia Ports Authority’s “state of the port” address detailed investments in ro-ro infrastructure at Colonel’s Island.
20 Aug 2019
Ro-ro high and heavy imports are strong into the United States despite gathering economic storm clouds.
30 Apr 2019
The car carrier’s new roll-on/roll-off vessels have capacity for 8,000 vehicles as well as lower fuel consumption and emission levels than their predecessors.
10 Apr 2019
Roll-on/roll-off carriers see potential in the breakbulk and high and heavy markets despite potential geopolitical snags.
20 Aug 2018
Roll-on, roll-off cargo flowed smoothly through US ports during the first half of 2018, and the involved ports are moving forward with planned, needed investments. Further, the immediate years ahead look promising, provided the trade tension winds die down.
23 Mar 2018
Shippers that export vehicles to the United States from Mexico appear to be increasingly turning to do so by sea, and the new terminal at Lazaro Cardenas gives a new, specialist option to shippers that move vehicles in or out of the country.
22 Apr 2017
Rising cargo volumes deliver increasing profits despite the fragile economic situation in the European market.