Wallenius Wilhelmsen signs a five-year contract with European OEM

OSLO, 28.03.2025 - Wallenius Wilhelmsen renews shipping contract with a European based automotive manufacturer, lasting five years. "We are pleased to announce this multi-year agreement with a long-term customer strengthening our existing partnership. This demonstrates their commitment to securing long-term ocean capacity and enables us to deliver best-in-class service helping our customer reach their ambitions," says Pia Synnerman, Chief Customer Officer at Wallenius Wilhelmsen. The contract has an estimated value of USD 380 million over the contract period. The new contract lasts five years and commences on April 1, 2025. Rates are in line with current market levels. For further information, please contact: Anders Redigh Karlsen - VP Global IR & Market Insight Tel: +47 994 20 293 Email: anders.karlsen@walwil.com Idha Toft Valeur - Media Contact Tel: +47 406 05 210 Email: idha.valeur@walwil.com For pictures, please see the website: https://www.walleniuswilhelmsen.com/who-we-are/media About Wallenius Wilhelmsen: The Wallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo) shipping and vehicle logistics, managing the distribution of cars, trucks, rolling equipment and breakbulk to customers all over the world. The company operates around 125 vessels servicing 15 trade routes to six continents, a global inland distribution network, 66 processing centers and eight marine terminals. Headquartered in Oslo, Norway, the Wallenius Wilhelmsen group has around 9,500 employees in 28 countries worldwide. Read more at www.walleniuswilhelmsen.com

Source: NewsWeb