Report from Annual General Meeting
Report from annual general meeting President's speech to the Meeting In his speech, Kent Flodberg, President, noted that the loss of SEK 10 million for 2002 was related solely to the Mediterranean service, which was affected by the crisis in the Middle East, while the liner service to and from southern and West Africa and project consignments continued to post good profits. Transport volumes to the company's principal markets in the Mediterranean continued to be low at the beginning of 2003 although results during the first quarter improved due to short-term charters and higher freight