Höegh Autoliners has reduced its share capital by NOK 2.63 billion in order to make strategic investments in the acquisition of new vessels below market value. This measure is aimed at modernising the fleet and strengthening the market position.Stock Exchange Express
RoRo operators benefit from long-term contracts that provide them with a stable source of income. Wallenius reported an increase in net profit of USD 9 % to USD 1.1 billion in 2024, indicating the positive impact of these contracts.Journal of Commerce
Ongoing attacks by Houthi rebels on merchant ships in the Red Sea are causing considerable disruption to global supply chains. Shipping companies such as Hapag-Lloyd and Maersk are forced to use alternative routes via the Cape of Good Hope, resulting in longer transit times and higher costs.DISPO