Wallenius Wilhelmsen secures ro-ro contract extension, renewal worth more than $2B

Roll-ON/ROLL-FF Wallenius Wilhelmsen has announced separate changes in the contract with a value of more than $ 2 billion.

OTC: Wawif said it signed the contract with the European Car Manufacturer. The five -year agreement, which is valued at $ 380 million, is scheduled to start on Tuesday.

In a separate development, the transportation company announced the extension of a 10 -year contract with OEM cars.

Wallius did not reveal the identity of any of the company. OEM is usually produced.

The scope of services provided by Wallenius Wilhelmsen under these agreements is comprehensive and includes the receipt of vehicles, the end of the line, the installation of accessories, the delivery management, the distribution and storage of vehicles, and the visions of the digital supply chain.

Wallenius Wilhelmsen offers short seas and seas depths under separate agreements.

John Felito, CEO and Executive Director of Logistics Services in Walsees Welhel Snon, said in a statement that long -term multi -product contracts “provide smooth integration, flexibility for both parties and an innovative cooperation space to enhance digital value chain solutions.”

By searching for the future of renewal of the contract, the parties expressed their intention to expand the partnership more. The joint vision includes expanding the scope of the contract to include ocean services, which creates a more comprehensive and integrated strategy. This approach aims to simplify operations and benefit from advanced digital solutions for future resistance operations.

“The contract has a strong range of land and it is one of our eldests,” said Felitoto. “It is interesting to enhance partnership that already gives priority to comprehensive integration and digital transformation in essence.”

The carrier said that the extended contract, starting in April 2027, the total total revenue of $ 2 billion.

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Beyond Wallenius Wilhelmsen secures the extension of the RO-RO contract, and its value has appeared more than $ 2 billion on the shipping waves.