Wallenius Wilhelmsen has acquired one of its operated car carriers for a bargain price.

The Oslo-listed company said it had used a purchase option to buy the 6,500-ceu Morning Celine (built 2009) following the completion of a long-term charter-in agreement.

The vessel, operated by subsidiary Eukor Car Carriers, cost well below its current charter-free valuation of $72.5m,