Annual Report

The report records a record group net operating profit of USD 352 million in 2008, alongside operating income of USD 3,434 million under the proportionate method. It describes growth across shipping, logistics and maritime services, including the acquisition of Callenberg Group. Social disclosures cover the workforce, training and safety, including one fatality on a vessel managed by WSM. The environmental section reports fuel use and emissions for specified vessel groups and describes initiatives toward the group's zero-emissions vision.