EUKOR Car Carriers Signs $4.2 Billion Deal With Hyundai & Kia To Expand Vehicle Exports

EUKOR Car Carriers, part of Wallenius Wilhelmsen, has signed a $4.2 billion contract with Hyundai Motor Company and Kia Motors to expand vehicle exports.

The deal extends the partnership from three to five years and increases EUKOR’s share of Hyundai and Kia’s exports from 40% to 50%.

It also adds more export volumes from China, strengthening EUKOR’s position in Asia’s automotive logistics market.

Wallenius Wilhelmsen’s CEO, Lasse Kristoffersen, said the agreement confirms their strong position in South