Komatsu, Not Volvo, May Be The Future For Wallenius Wilhelmsen — Panjiva
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Komatsu, Not Volvo, May Be The Future For Wallenius Wilhelmsen

Cons. Discr. - Autos 1179 Corp - Shipping 976 Mode - Bulk 135 Mode - Seaborne 1801 U.S. 5317 USMCA 456

Wallenius Wilhelmsen has added the second of four new vehicle shipping vessels to its fleet. That follows rapid growth in its services – its U.S. seaborne inbound shipments climbed 15.7% year over year in 1Q 2019. That’s been driven by a 21.1% surge in handling of construction and other vehicles, while passenger vehicles increased by just 4.8%. An increase in exposure to industrial equipment customers such as Komatsu – its second largest after Volvo Cars in the 12 months to Mar. 31 – will also reduce its exposure to regulatory risks such as the U.S.-Mexico-Canada Agreement and the sectio...

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