Several massive new deals have been signed by car carrier Wallenius Wilhelmsen.
Firstly, it has entered into a three-year, USD$700 million (about A$1,027 million), three-year shipping contract with an Asian auto manufacturer. Rates are said to be in line with current market levels and include a two-year extension option, subject to mutual agreement. The agreement incorporates a multi-fuel approach across all trade lanes, designed to accommodate the gradual introduction of alternative and lower-emission fuels.
“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.
Shipping & logistics services
Secondly, the RoRo group has also announced that it has entered into two contracts of three years duration with an equipment manufacturer for shipping and logistics services, a statement from the group reads. The total contract value is reported to be in excess of USD 1bn over a three-year period. The shipping element of the contract is valued at about USD 950m, with rates at similar levels as the previous three-year contract, the group said, adding, that the estimated contract value for the logistics contract is close to USD 100m over the same period.
New ships
Thirdly, the Group has entered into agreements for four new dual-fuel Pure Car and Truck Carriers (PCTCs) and has secured options for up to eight more.
“We continue to see attractive opportunities in the segments we serve and want to ensure we have the capacity, flexibility and efficiency needed to support our customers well into the next decades,” says Xavier Leroi, Chief Operating Officer Shipping Services at Wallenius Wilhelmsen, adding: “expanding our newbuilding program with deliveries from 2030 reflects our confidence in the long-term fundamentals of the market. We are investing now to ensure we can continue to grow with our customers while further developing our leading position in deep-sea RoRo”.
The Group added that it had reached the agreement with Jinling Shipyard (Jiangsu) following the company’s private placement announced earlier in October 2026. The vessels will have 9,900 CEU capacity and dual-fuel LNG engines. The four firm vessels will be delivered from mid-2030, with options for four additional vessels in 2031 and a further four in 2032. Assuming all options are exercised, the total capex is expected to be around USD 1.5bn.
About Wallenius Willhelmsen
Wallenius Wilhelmsen operates in the roll-on/roll-off (RoRo) shipping and vehicle logistics sector, managing the distribution of cars, trucks, rolling equipment and breakbulk to customers worldwide. The company operates around 130 vessels servicing 15 trade routes to six continents, a global inland distribution network, 70 processing centers and eight marine terminals. Headquartered in Oslo, Norway, Wallenius Wilhelmsen operates in 28 countries and employs around 12,000 people (including seafarers).
