Oslo-listed WW ASA booked a gain of $25m for the three months to the end of June, down from $92m a year ago.
Adjusted for restructuring costs at Wallenius Wilhelmsen Logistics and the reduction in Scandinavian seafarers, its profit of $47m missed the $55m consensus among analysts.
On a core operating level income of $95m lagged the $113m expected in the market.
