Wallenius Wilhelmsen bags another $1 billion deal
RoRo specialist Wallenius Wilhelmsen has continued its active start to 2024 with a new multi-year contract with a prominent player in the premium car segment, valued at over $1 billion.
This new agreement encompasses shipping, logistics services, and the utilization of biofuel. The duration of this multi-year contract spans three years, with a potential two-year extension by mutual agreement. Commencing between January and April 2024, the contract’s rates align with prevailing market standards.
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“We see manufacturers shifting priorities and increasingly looking for solutions which provide predictability in their supply chains. In this case, it means longer-term contracts encompassing both logistics and shipping services. This goes hand in hand with Wallenius Wilhelmsen’s goal of being a total solution provider in finished vehicle logistics. This multi-year contract allows for better long-term planning and extended predictability both for the customer and us,” says Lasse Kristoffersen, President, and CEO at Wallenius Wilhelmsen.
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This contract includes the use of biofuel. “Environmentally conscious customers recognize the urgency when it comes to decarbonizing global supply chains. Using biofuel is a strategic decision for this customer,” says Pia Synnerman, Chief Customer Officer at Wallenius Wilhelmsen.
