Eyes will be on the upcoming earnings report of operator Wallenius Wilhelmsen for insight into the car carrier market as the orderbook for these vessels looms large in 2024 and 2025, according to Clarksons Securities.
The UK-based investment bank said that the Norwegian operator of 128 vessels “will be watched closely” because it will report fourth-quarter earnings on Wednesday in a sector plagued with uncertainty due to having new capacity on the way while still dealing with port congestion.