Wallenius Wilhelmsen signs a five-year contract with European OEM

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.