Norwegian shipping and logistics company Wallenius Wilhelmsen announced that it has signed a one-year shipping contract with a major Asian manufacturer of automobiles and heavy equipment.
Based on the contracted volume, this one-year agreement is projected to generate approximately $130 million in revenue. As the company plans its 2026 operations, this contract will further solidify its position in the Asian market.
Wallenius Wilhelmsen stated: “This contract both deepens our customer collaboration in specific route logistics and expands our business relationship. The new agreement will support our expansion into the Asian market, demonstrating our capability to deliver robust and reliable services in the region.”
Prior to signing new contracts with Asian clients, Wallenius Wilhelmsen had just completed a series of contract extensions and renewals with several key industrial clients in Europe. For instance, agreements with a European premium automaker were extended for three years through 2030, while contracts with a European heavy equipment manufacturer were extended for two years through 2028. The combined value of these two renewed contracts totals nearly $500 million.
According to its official website, Wallenius Wilhelmsen is a market leader in roll-on/roll-off shipping and vehicle logistics, providing transportation services for cars, trucks, rolling equipment, and breakbulk cargo to customers worldwide. The company operates in 28 countries and regions, manages a fleet of approximately 125 vessels, serves 15 trade routes across six continents, and boasts a global inland distribution network, 66 processing centers, and 7 marine terminals.
Wallenius Wilhelmsen is actively expanding its fleet, having confirmed 14 PCTCs at China Merchants Jinling Shipyard (Nanjing) Co. Ltd.(CMJL (Nanjing)), including 8 11,700 CEU PCTCs and 6 9,300 CEU PCTCs, with 2 option vessels at the same shipyard. Among these newbuildings, 7 vessels are equipped with LNG dual-fuel engines, 7 with methanol dual-fuel engines, and 7 LNG dual-fuel PCTCs incorporate ammonia-ready design provisions.