Wallenius Wilhelmsen extends shipping contract with a major auto manufacturer into 2031
Norway, June 25 -- Wallenius Wilhelmsen has agreed to an early three-year extension of a contract with a leading European auto manufacturer. The extension will run from mid-2028 to mid-2031 with an estimated value of the contract extension of around USD 420m on top of the remaining initial value of around USD 180m. The extension reflects a long-standing strategic relationship and provides earnings visibility at sustainable rate levels for the next 5 years. It also reflects the value of our reliable and flexible service offering and the ambition to further strengthen the collaboration. "We will continue to support the customer across their outbound supply chain and explore opportunities to expand our collaboration across a broader part of th...
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