Norwegian car carrier and roro operator Wallenius Wilhelmsen has signed a significant multi-year contract with a leading industrial equipment manufacturer.
The company informs that the new multi-year contract has a duration of three years, plus a mutual two-year extension option.
The contract is valued at approximately $195m in total, based on expected volumes over the three-year period, with rates in line with current market levels.
Pia Synnerman, chief customer officer at Wallenius Wilhelmsen, said that: “It is yet another example of how we are continuing to renew and strengthen our existing partnerships. This updated shipping agreement with an established long-term customer, is based upon multiple scheduled trade routes and secures the ocean capacity required to help deliver on their market ambitions.”
