11th Jan 2017 09:49
LONDON (Alliance News) - Ocean Wilsons Holdings Ltd on Wednesday said it saw a decline in total volumes handled in the fourth quarter of 2016 year-on-year.
Ocean Wilsons is a Bermuda-based investment company, which operates as a maritime services company in Brazil through the Wilson Sons Ltd subsidiary.
The company said volumes handled at its Tecon Rio Grande container terminal in the fourth quarter to the end of December fell 8.9% year-on-year, while volumes at the Tecon Salvador terminal rose 4.2%.
Total volumes for the quarter declined 5.2% year-on-year, and were down 0.5% for the full year as weakness in the third and fourth quarter offset a solid first half.
Ocean Wilsons shares were down 0.5% at 990.00 pence on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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