Norwegian car shipping firm Wallenius Wilhelmsen faces $5M-$10M core earnings loss due to Baltimore bridge collapse, stranding their vessel Carmen in the port with a closed shipping channel for weeks.
Norwegian car shipping company Wallenius Wilhelmsen estimates a potential loss of $5 million to $10 million in core earnings due to the U.S. Baltimore bridge collapse. The firm's vessel, Carmen, remains stuck in the city's port, with the ship's crew ready to sail once the shipping channel reopens. The company expects the key ship channel to be closed for weeks.
April 03, 2024
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