Weco Roro, formerly known as Nordana, has terminated its regular liner service, citing huge losses sustained in the breakbulk sector.
In a note to clients, Weco Roro, whose parent is Swedish shipping giant Stena, cited continued losses as the reason to cancel the service.
“For nearly a decade, break bulk has been an extremely challenging segment, with decreasing cargo volumes due to various factors, including, volatile world economies, political instability and of course,
Both the Frijsenborg and Wedellsborg roro ships will be employed elsewhere.
The Wedellsborg has now officially exited the service while the Frijsenborg will continue its current voyage, until last discharge port, currently Izmir in the Mediterranean, where it will exit the service around the middle of April. Weco is still looking for intra-Med cargoes to finalize this vessel’s final voyage.