Wallenius Wilhelmsen has entered a three-year shipping contract with a leading Asian auto manufacturer. "This agreement builds on a strong track record and the trust we have established with the customer across our services. The significant long-term commitment strengthens our position as a key logistics partner and gives us an even stronger foundation for providing end-to-end solutions across ocean, logistics, and supply chain services," says John Felitto, Chief Customer Officer at Wallenius Wilhelmsen. The contract is valued at approximately USD 700m over the initial three-year period. Rates are in line with current market levels and include a two-year extension option, subject to mutual agreement. Further, the agreement incorporates a multi-fuel approach across all trade lanes, designed to accommodate the gradual introduction of alternative and lower-emission fuels. (....)