Wallenius Wilhelmsen reported adjusted EBITDA of $361 million for the second quarter of 2026, down seven per cent from the previous quarter, as higher bunker costs weighed on shipping services.
Revenue reached $1.305 billion, three per cent lower than in the second quarter of 2025.
The company maintained its full-year adjusted EBITDA guidance of approximately $1.6 billion, although it said the outlook remained dependent on the duration and impact of the conflict in the Middle East.
Strong demand from Asia supported full fleet utilisation, while 17 vessels were ordered during the quarter, bringing the company's order book to approximately 21 per cent of the global fleet.
Shipping services adjusted EBITDA declined 10 per cent quarter on quarter to $299 million, while logistics services increased eight per cent to $46 million following an operational improvement programme.
Government services adjusted EBITDA rose 11 per cent to $26 million, supported by higher US Government volumes.
On August 10, the board approved a dividend of $0.61 per share for the first half of 2026, comprising a distribution equivalent to 50 per cent of net profit and an extraordinary dividend of $100 million.
Total dividend payments amount to $258 million, with the final trading date with dividend rights set for August 25 ahead of payment on September 16.
The company said Morning Concert safely exited the Persian Gulf on June 30 amid continued regional security concerns. Wallenius Wilhelmsen expects about 60 vessels to be delivered across the global fleet during 2026 as time charter market conditions tighten.
