Wallenius Wilhelmsen has announced the signing of a new deal with an unnamed major EV manufacturer to ship EVs from Asia to Europe and North America.
The contract, which runs until the end of 2025, includes both land and sea services. The contract also includes an agreement on the use and payment of biofuel. Wallenius Wilhelmsen said the contract rates reflect “currently strong demand and the tense balance in the market”.
“We will prioritize customers who want to work with us both on land and at sea and who share our goal of reducing emissions in the supply chain,” says Pia Synnerman, Chief Customer Officer of Wallenius Wilhelmsen.
Wallenius Wilhelmsen aims to transition to sustainable energy sources and is currently in discussions with customers to ensure sustainable fuels are included in new contracts. Currently, biofuel is the only viable option, the company said.
“The electric vehicle manufacturers we speak to have big ambitions to further increase their decarbonization efforts. So I’m pleased that we’ve signed a deal with a major electric vehicle manufacturer that includes payment for biofuel,” says Synnerman.
Transporting electric vehicles on board ships presents a unique set of challenges, particularly in terms of fire hazards and firefighting procedures.
Wallenius Wilhelmsen announced this week that it has signed its first contract to supply sustainable products with ExxonMobil, supporting its goal of achieving a net-zero emissions service by 2027. The first delivery of biofuel is scheduled for July.
“ExxonMobil’s biofuel consists of 30 percent biofuel and 70 percent conventional fuels. It is the best option we have today to decarbonize the fleet,” says Jon Tarjei Kråkenes, Head of Orcelle Accelerator at Wallenius Wilhelmsen.