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Wallenius Wilhelmsen subsidiary renews contract with South Korean car manufacturers

EUKOR Automobile Carriers, a South Korea-based Ro-Ro transport firm beneath the Wallenius Wilhelmsen Group, has renewed its contract with South Korea’s Hyundai Motor Firm and Kia Company, rising each period and volumes.

The brand new contract with the 2 firms beneath the Hyundai Motor Group (HMG) incorporates two main adjustments from the earlier one. The period has been elevated from three to 5 years and the share of Korean exports has been elevated from 40 per cent to 50 per cent. The settlement additionally entails extra volumes exported from China.


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Ryan

Ryan O'Neill is a maritime enthusiast and writer who has a passion for studying and writing about ships and the maritime industry in general. With a deep passion for the sea and all things nautical, Ryan has a plan to unite maritime professionals to share their knowledge and truly connect Sea 2 Shore.

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