Wallenius Wilhelmsen signs multi-year contract with large Swedish manufacturing company
Oslo, 02 February 2024 - Wallenius Wilhelmsen recently signed a significant
multi-year contract with a large Swedish manufacturing company. The new
agreement, which has a duration of three years, plus a two-year extension
option, is valued at approximately USD 300 million in total, based on expected
volumes over the three-year period. The contract commenced in January 2024, with
rates in line with current market levels.
"The positive continuation of a long-standing and multi-faceted partnership,
this contract enables one of our key customers to secure the ocean capacity they
require to support their market needs" says Pia Synnerman, Chief Customer
Officer at Wallenius Wilhelmsen.
Synnerman adds, "Sharing our commitment towards sustainability, as part of the
new agreement we are in discussions with the customer on both short and
long-term strategic decarbonization initiatives."
For further information, please contact:
Anders Redigh Karlsen - VP Investor Relations & Market Insight
Tel: +47 994 20 293
Email: anders.karlsen@walwil.com
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. With a head office in Oslo, Norway, the Wallenius Wilhelmsen group
has 9,500 employees working across 28 countries worldwide.
Read more at: walleniuswilhelmsen.com