Wallenius Wilhelmsen renews shipping contract with an estimated value of around USD 190m

Wallenius Wilhelmsen renews contract with a global automotive distributor with an estimated net freight value of around USD 190m during a firm period of two years.

“We are pleased to offer our customer a tailor-made service to aid their inventory optimization goals going forward. We look forward to continuing our collaboration with a valued partner, supporting their growth and ambitions with reliable shipping solutions,” says Pia Synnerman, Chief Customer Officer at Wallenius Wilhelmsen.

The contract duration is two years firm with a one-year mutual extension option and includes a fixed surcharge for multi-fuel use.

For further information, please contact:

Anders Redigh Karlsen, VP Global IR & Market Insight Tel: +47 994 20 293 Email: anders.karlsen@walwil.com

Media:

Vibeke Norum-Monsen – VP External Relations & Crisis Management Tel: +47 916 65 285 Email: vibeke.norum-monsen@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 127 vessels servicing 15 trade routes to six continents, a global inland distribution network, 70 processing centers and eight marine terminals. Headquartered in Oslo, Norway, the Wallenius Wilhelmsen group has around 12,000 employees in 28 countries worldwide.

Read more at www.walleniuswilhelmsen.com