Wallenius Wilhelmsen ASA: Signs multi-year contract with a world leading equipment manufacturer

Wallenius Wilhelmsen enters into a three-year shipping contract with one of the world's leading construction and mining equipment manufacturers. The contract is estimated to have a value of approximately USD 140m based on expected volumes over the three-year period. Wallenius Wilhelmsen is seen as a key long-term partner, and the renewed agreement commenced in May 1, 2025, with amended rates in line with current market levels. The customer's agreements include direct support for Wallenius Wilhelmsen's decarbonization initiatives with a new BAF scheme accommodating the expected evolution of our fuel mix for the future. "Continuing our positive start to 2025, the significant multi-year contract further strengthens our long-standing partnerships in the high and heavy segment, extending predictability for both the customer and Wallenius Wilhelmsen," says Pia Synnerman, Chief Customer Officer at Wallenius Wilhelmsen. For further information, please contact: Anders Redigh Karlsen, VP Global IR & Market Insight Tel: +47 994 20 293 Email: anders.karlsen@walwil.com Media: Idha Toft Valeur, Media contact Tel: +47 406 05 210 ; Email: idha.valeur@walwil.com Pictures, please see the website: https://www.walleniuswilhelmsen.com/who-we-are/media About Wallenius Wilhelmsen: The Wallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo) shipping and vehicle logistics, managing the distribution of cars, trucks, rolling equipment and breakbulk to customers all over the world. The company operates around 125 vessels servicing 15 trade routes to six continents, a global inland distribution network, 66 processing centers and seven marine terminals. Headquartered in Oslo, Norway, the Wallenius Wilhelmsen group has around 9,500 employees in 28 countries worldwide. Read more at www.walleniuswilhelmsen.com

Source: NewsWeb