11th Jan 2016 11:16
LONDON (Alliance News) - Ocean Wilsons Holdings Ltd said Monday that its principal operating subsidiary, Wilson Sons Ltd, saw a 13% rise in volumes handled in the fourth quarter of 2015.
Ocean Wilsons is a Bermuda-based investment company, which through the Wilson Sons subsidiary operates as a maritime services company in Brazil.
The company said in the fourth quarter total volume handled at its Tecon Rio Grande container terminal rose 19%, whilst total volumes handled at its Tecon Salvador container terminal fell 0.5%.
This meant its total volumes handled for the year at both terminals rose 6.2% compared to 2014.
Towage, as measured by the number of harbour manoeuvres, fell 10% for the quarter, whilst average deadweights rose 2.8%.
Shares in Ocean Wilsons were trading down 0.1% at 747.00 pence Monday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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