Wallenius Wilhelmsen: Update on vessel purchase option

21 Nov 2024 08:00 CET

Wallenius Wilhelmsen has acquired the vessel “Morning Celine” (6,500 CEU, built
2009) following the completion of a long-term charter in agreement. The
pre-agreed purchase price is well below the current charter-free valuation of
the vessel. The market value was estimated at USD 72.5m using the average of two
broker values at end of Q3 2024.

In line with previous transactions, no financial gains will be booked in
connection with the purchase. The effect on the Profit and Loss account is
expected to be immaterial. The purchase was financed with cash on hand.



For further information, please contact:

Anders Redigh Karlsen, VP Global IR & Market Insight
Tel: +47 994 20 293
Email: anders.karlsen@walwil.com

Pictures, please see the website:
https://www.walleniuswilhelmsen.com/who-we-are/media

About Wallenius Wilhelmsen:
The Wallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo)
shipping and vehicle logistics, managing the distribution of cars, trucks,
rolling equipment and breakbulk to customers all over the world. The company
operates around 125 vessels servicing 15 trade routes to six continents, a
global inland distribution network, 66 processing centers and eight marine
terminals. Headquartered in Oslo, Norway, the Wallenius Wilhelmsen group has
9,500 employees in 28 countries worldwide.

Read more at www.walleniuswilhelmsen.com

More information:
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