Wallenius Wilhelmsen signs multi-year contract with leading industrial equipment manufacturer

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Wallenius Wilhelmsen has signed a significant multi-year contract with a leading industrial equipment manufacturer. The new multi-year contract has a duration of three years, plus a mutual two-year extension option. The contract is valued at approximately USD 195 million in total, based on expected volumes over the three-year period, with rates in line with current market levels.

It is yet another example of how we are continuing to renew and strengthen our existing partnerships. This updated shipping agreement with an established long-term customer, is based upon multiple scheduled trade routes and secures the ocean capacity required to help deliver on their market ambitions”, says Pia Synnerman, Chief Customer Officer at Wallenius Wilhelmsen.