Back in the black with a net profit of $177m earned during its 2021 financial year, Wallenius Wilhelmsen has proposed paying out $63.5m in dividends to its shareholders.
The Norwegian shipping conglomerate has reactivated the last of the 16 car carriers it previously had in cold layup as vehicle sales rebounded globally during the last quarter of 2021.
Strong positive trade mix developments and increases in freight rates and fuel surcharges led to revenues from the company's shipping revenues rise 41% year-on-year to $3bn.
