Wallenius Wilhelmsen locks in $100m contract renewal

Oslo-listed Wallenius Wilhelmsen has secured a renewed logistics contract with one of its long-standing strategic automotive original equipment manufacturer (OEM) partners.

The new deal spans three years and is expected to generate about $100m in revenue. The company, which operates a fleet of about 125 vessels globally, emphasized that the deal reinforces a trusted relationship built over years of collaboration.

“This solidifies our partnership that has been built over several years of collaboration. We look forward to further fostering the customer relationship,” said Pia Synnerman, chief customer officer at Wallenius Wilhelmsen.

Under the renewed contract, Wallenius Wilhelmsen will continue to provide a full suite of factory vehicle processing services, including end-of-line services, accessory installations, rail loading, and yard management operations.

This deal follows another major contract signed last month—a three-year shipping agreement with a leading global construction and mining equipment manufacturer, valued at around $140m.