Norway’s car carrier operator Wallenius Wilhelmsen has secured a multi-year shipping contract with a leading automotive manufacturer. “This demonstrates their commitment to securing long-term ocean capacity and will further strengthen our partnership,” said Pia Synnerman, chief customer officer at Wallenius Wilhelmsen.
The new contract has a duration of three years and three months with commencement on January 1, 2025.
The contract has an estimated value of $580m in total over the contract period. As reported, the rates are in line with current market levels.
“We are pleased to announce this multi-year agreement with a long-term customer strengthening our existing partnerships. This demonstrates their commitment to securing long-term ocean capacity and enables us to deliver a best-in-class service helping our customer reach their ambitions,” added Synnerman.