Norway-based shipping operator Wallenius Wilhelmsen (OSE:WAWI) has secured a new logistics contract in Australia with a major automotive manufacturer, the company said on Friday.

The new agreement covers vehicle processing services in Melbourne, Brisbane and Perth.

The contract runs for three years with a one-year extension option. If fully exercised, it is expected to generate revenues exceeding USD100m.

Wallenius Wilhelmsen is a global leader in roll-on/roll-off shipping and vehicle logistics. The company operates a fleet of around 128 vessels across 15 trade routes to six continents, supported by a worldwide distribution network, 66 processing centres and eight marine terminals.