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Wilh. Wilhelmsen Reports Record Performance in 2006

Maritime Activity Reports, Inc.

February 15, 2007

The Wilh. Wilhelmsen ASA (WW) industrial maritime group delivered a record performance in 2006. A sales gain of roughly $83m for the Dockwise heavy transport company made a strong contribution to results for both the fourth quarter and the full year.

WW's net operating profit for the fourth quarter of 2006 came to $165m, compared with $67m in the same period of 2005. Total operating income was $683m, up from $608m the year before. Profit before taxes came to $130m, compared with $21m.

With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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