Wallenius Wilhelmsen Signs US$1 Billion Deal With Premium Car Segment Global Player

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The Norwegian/Swedish shipping company Wallenius Wilhelmsen recently signed a multi-year contract with a major firm in the premium car segment.

Duration of agreement

The agreement has a duration of three years, plus a mutual two-year extension option. The contract started between January and April 2024 with rates in line with current market levels.

Commenting on the biofuel use, which is included in the new contract, Pia Synnerman, chief customer officer of Wallenius Wilhelmsen, said, “Environmentally conscious customers recognize the urgency when it comes to decarbonizing global supply chains. Using biofuel is a strategic decision for this customer.”

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Source : Containernews