OB:WAWIShipping
Why Wallenius Wilhelmsen (OB:WAWI) Is Up 11.6% After Extending Emissions-Linked European Shipping Contracts
Wallenius Wilhelmsen recently extended two major shipping contracts, adding close to US$500 million in estimated value through longer terms, extra volumes, wider trade lanes, and multi-fuel bunker adjustment mechanisms tied to emission reductions.
These renewals with a premium European auto maker and a leading heavy equipment producer reinforce the company’s role as a long-term logistics partner for core European manufacturing supply chains.
We’ll now examine how these extended,...