Wallenius Wilhelmsen ASA signed another significant multi-year contract. The new agreement, with a leading global player in the premium car segment, is valued at more than USD 1 billion over three years, covering both shipping and logistics services, as well as the use of biofuel. The multi-year contract 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. This contract includes the use of biofuel.