Wilhelmsen Lines and Wilship, the two shipping divisions of the
Norwegian group Wilh. Wilhelmsen, reported lower profit results for 1998.
Net profit for Wilhelmsen Lines, the roll-on/roll-off operator, fell to
NKr438 million ($57 million), from NKr505 million, as gross revenue rose 8
percent, to NKr5.19 billion ($681 million), from NKr4.79 billion in 1997.
Wilship, the small bulk shipping unit of the group, posted a net loss of
NKr67 million ($9 million) for 1998, compared to a net income of NKr80
million in the previous year.
Gross revenue at Wilship decreased to NKr321 million ($42 million), from
NKr350 million in 1997.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now