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Construction begins on new sustainable building for Rhenus

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Rhenus is set to continue its growth and increase its presence in Venlo, with the construction of a new 33,000 square metre building.

Rhenus and asset manager abrdn signed a sustainable redevelopment agreement for a period of 20 years. The building, located in Greenport Venlo, will be redeveloped into a BREEAM Excellent and Well Silver building, as per the requirement of Rhenus.

Construction begins on new sustainable 33,000 square metre building for Rhenus in VenloConstruction begins on new sustainable 33,000 square metre building for Rhenus in Venlo
The building will be divided into 16,000 square metre warehouse, 12,000 square metre transshipment, 3,300 square metre mezzanine and 1,400 square metre office. Construction will start in September is is expected to be completed in the third quarter of 2024.

“This location next to the motorway forms an important link in our international groupage 2.0 network”, says Michael van Ooijen, Regional Manager at Rhenus Road. “From Venlo, we can easily drive to other countries or trans-shipment centres in Europe. We will have 12,000 square metre at our disposal for trans-shipment. With groupage 2.0 we want to create a pan-European, full-coverage network for our customers based on daily departures with reliable transit times. Our aim is to become one of the five largest European service providers for groupage transport.”

Nick van Loon, Managing Director Rhenus Road adds: “Additionally, we can offer our customers transport-related storage of 16,000 square metre in Venlo. Moreover, we have all the space here to shape and give substance to the cooperation with other Rhenus divisions and to grow along with our customers. After the redevelopment, the premises will meet our specific needs and requirements.”

Abrdn was supported commercially in this transaction by JLL and M2 Real Estate. Rhenus Road was assisted in this transaction by VSR Vastgoed Advies. Savills advised abrdn in the technical process, Volantess advised Rhenus Road in the technical process, and DLA Piper Nederland assisted abrdn during the legal process.

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18 September 2023 |

PCN welcomes Schryver as new members

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Schryver Logistics del Peru are new PCN members.

Schryver are a well-established company founded in 1929 and hold numerous accreditations including ISO and BASC. Their Ecuador and Colombia companies are already trusted PCN members and we are delighted to welcome Schryver Logistics del Peru.

Darwin Torres (General Manager) says; “Our Projects & Special Cargo Division offer the perfect solution regardless how big, long or heavy the cargo is. Our specialised team are ready to meet all sorts of project demands that require technical expertise and multimodal transportation experience.”

“Schryver Logistics del Peru offer all the necessary services for complex projects and special cargo by sea, land and air including breakbulk, RORO, chartering, project planning, studies & surveys, lashing & packing, loading & unloading, documentation & permits, customs brokerage and warehousing.

We offer support to all the main project cargo industries – mining, oil & gas, power & energy, construction, heavy machinery, manufacturing, infrastructure, EPC, marine, automotive and more.”

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18 September 2023 |

Mammoet announces completion of project in the Caspian

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Mammoet’s creative engineering and innovative equipment deliver safe and efficient load-out and offshore installation operations for the Azeri Central East (ACE) production, drilling and quarters platform in the Caspian.

Mammoet is pleased to announce the successful completion of a remarkable project that showcases its commitment to efficient solutions and safety.

Through creative engineering and the use of its state-of-the-art equipment, Mammoet has achieved a significant milestone – the safe and efficient load-out and offshore installation of a massive offshore platform. This achievement is part of the Azeri Central East (ACE) project, the next phase of the development of the bp-operated Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea.

Mammoet’s scope included the weighing, jack-up, load-out and floatover installation operations of the 19,600-tonne production, drilling, and quarters (PDQ) platform. Leveraging its comprehensive engineering capabilities, Mammoet ensured the precise transfer of the platform’s topsides unit from the quayside onto the transportation barge STB-1 and subsequently onto the jacket foundation offshore. Prior to its departure, the topsides unit underwent meticulous commissioning and operational testing onshore, significantly reducing offshore installation and start-up activities.

At the quayside, the topsides unit was expertly jacked up to a height of 17 meters and then gently lowered onto a custom loadout support frame, utilising Mammoet’s largest jacking system – Mega Jack 5200. The unit was then smoothly skidded onto the barge, where it was sea-fastened and prepared for its voyage to the ACG field. The skidding operation onto the barge’s deck was accomplished using four 900-tonne strandjacks, break-out jacks, high capacity ballast system, load monitoring quay jacks comprising of six 600-tonne jacks, and mooring winches.

Upon its arrival at the designated field location, Mammoet executed the installation of the topside unit onto the jacket foundation through a floatover operation. The barge was precisely positioned over the substructure and the topsides unit was then lowered onto the substructure, while maintaining the barge’s position. The barge’s internal ballasting and winching system was enhanced with Mammoet’s float-over winches and configurable high-flow rapid ballast system. This enhancement added an additional flow capability of approximately 32,000m3/hr. This centrally controlled and monitored ballast system ensured real-time oversight, guaranteeing operational continuity and a safe floatover process.

The project’s success is not only marked by its technical achievements but also by its outstanding safety record. Throughout the construction of the 19,600-tonne topsides unit, more than 21 million hours were worked injury-free. This unit, comprising vital oil and gas processing facilities, an integrated drilling rig, a gas compressor, and living quarters, was expertly constructed by Azfen in the Bayil fabrication yard, utilizing local infrastructure and resources.

Mammoet played a key role in the integration of the platform’s DES and MDSM modules, totaling 2,400 and 2,350 tonnes respectively, showcasing the company’s multi-faceted capabilities. The combination of Mammoet’s advanced jacking and skidding systems, along with SPMTs, ensured a seamless and secure operation.

Looking ahead, drilling is expected to commence in the coming months with the delivery of ACE’s first oil projected to begin in early 2024.

Dan Kempin, Business Development Manager for Mammoet, commented: “As we continue to redefine industry standards through our innovative solutions and steadfast commitment to safety, the successful loadout of this massive topsides unit stands as a testament to Mammoet’s dedication to excellence in engineered heavy lifting and transport.”

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14 September 2023 |

Tera Shipping appointed for water tank transport to Malaysia

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Tera Shipping are pleased to report on the completion of their latest project, involving the transport of water tanks that they were nominated for in Malaysia.

Tera Shipping were nominated by their client to ship six water tanks and their accessories. The tanks were stationed at the client’s premises, before being lifted and loaded onto Tera’s vessel bridge trailer.

These tanks featured a gross weight of 13.4 MT with a total cargo volume of 757 CBM. The heaviest piece of cargo was measured to be 6.0 (L) x 4.9 (W) x 4.9 (H) meters and weighed 2.5 tonnes!

The collection for this delivery was arranged in Nilai, Malaysia and was transported in-land to Senawang.

“We coordinated this delivery at night to avoid traffic congestion during the daytime.”

Upon arrival at the final site, Tera Shipping executed the unlashing and unloading of the cargo using a mobile crane in Senawang.

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14 September 2023 |

Rhenus and Faubourg collaborates on warehouse offering

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In partnership with Faubourg Promotion, Rhenus is offering a 19,000 square metres warehouse in Montbartier, 40 minutes from Toulouse.

Certified BREEAM “Very Good” and equipped with a photovoltaic power plant, the Class A, next generation warehouse will be available mid-2025 for multi-user management.

“Located on 45,000 square metres of land in a joint development zone currently under development in Montbartier, the warehouse enjoys a strategic location at the intersection of the A62 and A20 motorways on the Paris-Barcelona and Bordeaux-Narbonne routes,” declared Chazli Baalbaki, Director of Development at Faubourg Promotion. A photovoltaic power plant for self-consumption covers the roof of the warehouse and the shading systems in the car park, which has 114 spaces for light duty vehicles, 24 of which are intended for charging electric cars. Equipped to collect rainwater, the site has a filtration basin and a detector system to manage lighting. The warehouse has 16 auto-docks and two ground-level access ramps. The standing height of 11.50 metres under the beams adds additional storage volume for large goods.

“This new warehouse can accommodate up to three distinct users for the storage and value-added services of dry goods in positive cold or controlled temperatures between +4°C and +18°C, depending on the needs of the future occupants,” declared Clément Marraud des Grottes, Business Development Director of Rhenus Logistics in France. “Convinced of the potential of the Toulouse area for the installation of a next generation logistics hub, we chose this warehouse in partnership with Faubourg Promotion and it is now being marketed to existing and prospective customers. As part of the Rhenus commitment to sustainable development, this BREEAM-certified ‘Very Good’ warehouse meets our criteria and those of our customers.”

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14 September 2023 |

WALLENIUS SOL leads the low-emission RoRo league

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When the 2022 MRV report was published, it became clear that WALLENIUS SOL’s sister ships Botnia Enabler and Baltic Enabler emit the lowest CO2 per tonne per nautical mile in the 1A Super RoRo segment.

Even the shipping line’s older T-class vessels compare well with other vessels operating in EU waters.

Since 2018, it has been mandatory for shipping lines with vessels above 5,000 gross tonnes and which call at ports within the EU, to collect and report emission data. The purpose is to monitor CO2 emissions from shipping, down to the individual ship level. The latest MRV report (Monitoring, Reporting, Verifying) from EMSA shows that of the 28 RoRo vessels in the 1A Super ice class, WALLENIUS SOL’s two Enabler vessels have the lowest CO2 emissions per tonne per nautical mile.

Botnia Enabler and Baltic Enabler are currently the biggest ice-rated vessels in Europe. Even though ice conditions during their first winter season in the Gulf of Bothnia were challenging, the vessels performed above expectations.

“We have the latest technology, experienced crews and a design optimised for our load composition and the tough conditions in the Gulf of Bothnia. And because we know the vessels can do even more, we will continue to improve operational performance and fine tune our routes,” says Henrik Karle, COO, WALLENIUS SOL.

WALLENIUS SOL currently has five ships in its fleet – the three T-class vessels (Thuleland and Tavastland, 2006, and Tundraland, 2007) plus the Enabler vessels delivered in 2022. Despite increasing competition from a growing number of new-build vessels, the T-class ships are in the top 15 in terms of low CO2 emissions.

“It’s gratifying to note that our ships, both the ultramodern Enablers and the older T-class vessels, are performing so strongly in terms of energy efficiency, load efficiency and handling efficiency. WALLENIUS SOL is dedicated to promoting sustainable shipping, and this is just the beginning of our journey,” says Henrik Karle.

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14 September 2023 |

Peninsula supplies CAPE AMAL with marine biofuel

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Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that marine biofuel was supplied by Peninsula, the leading global independent marine energy supplier, to the Capesize bulker “CAPE AMAL” with charterer BHP, a globally renowned resources company and a long- term partner with shared goals to abate shipping carbon emissions.

The marine biofuel was delivered to the vessel at Hong Kong on August 11, 2023. The vessel started using the biofuel from August 29, 2023.

Marine biofuel has the potential to become an environmentally friendly alternative fuel, and the FAME (Fatty Acid Methyl Ester) component of the marine biofuel will be able to reduce CO2 by about 84% in the well-to-wake (from fuel generation to consumption) process without changing current engine specifications. This marine biofuel is comprising 24% of FAME blended with very low sulfur fuel oil (VLSFO) and uses renewable organic resources such as biomass which don’t utilize as foodstuff and feed crop.

In “K” LINE Environmental Vision 2050 -Blue Seas for the Future*1, we have set the 2030 interim target of improving CO2 emission efficiency by 50% over 2008, surpassing the IMO target of 40% improvement. Furthermore, we set our new target for 2050 as “The Challenge of Achieving Net -Zero GHG Emissions”. As an action plan, we will continue to work on the introduction of new fuels, which have a low environmental impact and take on the challenge of achieving the targets set forth.

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13 September 2023 |

Greek project calls for Cosmatos Shipping

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A project cargo of 82 units that embarked on its sea voyage from Greece to the UK in July called not only for Cosmatos Shipping Services extensive logistics experience and expertise, but the flexibility to deal with circumstances which changed significantly since its original planning.

The company is a member to the Worldwide Project Consortium (WWPC) for Greece.

The combined 963 tonnes (7,940 m3) of cargo included some of the largest individual loads with ever to move through Thessaloniki city centre, and one of the biggest to load at the port.

Given the close proximity of logistics provider Cosmatos and industrial plant specialist EKME, it is no surprise that the relationship between the two is longstanding, with successive projects deepening the Cosmatos role as EKME’s primary special loads consultant.

This July export cargo, a reformer package, needed to be moved ex-works for delivery to the port of Thessaloniki for loading FOB onto the 5460gt Ocean7 heavylift vessel Atlantic Dawn. The shipment was destined for the Technip Energy-designed hydrogen plant at Esso Petroleum Fawley, UK.

At Cosmatos, the load was identified early as one which would put the logistics ingenuity accumulated over the company’s 50+ year history to the test, according to Elisabeth Cosmatos, Managing Director, Cosmatos Group. “Even at the outset, it was clear that this project was going to create unique challenges, simply given the dimensions of the critical loads,” she says.

These consisted of three main penthouse units weighing 180.4 tonnes, 123.8 tonnes and 40.8 tonnes, plus an 85-tonne valve structure. The largest penthouse measured 18.3 x 10.6 x 10.1 m. Initiated in 2019, planning anticipated critical item movements by road from the EKME plant to the port being restricted to the early morning hours of the weekend and foresaw close cooperation with utilities to avoid disruption to local power and telecoms.

Like many things planned that year, scheduling to ship in 2020-2021 proved futile in the face of covid restrictions. With a subsequent and understandable slowdown in production and an untimely escalation in ship fuel prices, it was not until early in 2023 that the timing looked right to reschedule the load for shipment.

However, by the time of the scheme’s revival, other new and unforeseen challenges had emerged which had a direct bearing on the logistics operation.

“Conditions for transport had changed, with the logistics team needing to rethink,” says Elisabeth Cosmatos. “Upgrades were being made to some of the access roads on which the move would rely, including new bridge construction.” When municipal road works were still blocking access through one bridge along an essential part of the route one month before the load was due to move, Cosmatos was assigned by ExxonMobil to find an alternative.

With the pressure on, close collaboration with the client and other stakeholders was critical as the revised departure date approached, starting from the road move on the weekend of 1-2 July.
“A detailed route survey of civil works had established that backfill and levelling would be needed on part of the port road, which was done by contractors,” says Elisabeth Cosmatos.

Specific challenges remained for the road transit part of the project, which was restricted to weekend hours to avoid disruptions to the public highway. The project’s civil engineering partner, for example, was tasked with clearing away road signage to allow the load to pass.

SPMT (self-propelled modular transporter) type bogies were used during the transit, with the heaviest load needing support from 14+14 axles, working side by side.

After departing the EKME site on Saturday 1 July at 0700 hrs under police escort, the transit needed to pause at the halfway point overnight to allow the public power company to lift high voltage overhead cables. The local telecoms company also needed to lift cabling along the route before the move was restarted on 2 July, with delivery to the port completed by early afternoon.

Vessel loading was also limited to daylight hours on 3 July, in an operation completed that day (including limited slip differential welding).

Cosmatos Group also took a coordinating role in handling arrangements at the port, pre-booking the berth for Atlantic Dawn, as well as the temporary cargo storage area and yard handling equipment, while also liaising with stevedores on loading risk assessments.

Tight clearances onboard the vessel demanded “rapid coordination of all parties to amend the stowage plan on spot as per actual needs of space”, says Elisabeth Cosmatos.

“The penthouse units also needed lifting frames, which of course added weight at the point of loading,” Elisabeth Cosmatos adds. “The ship’s own NMF 150-tonne SWL cranes were used, with the heaviest load requiring a tandem lift, and I’d also like to acknowledge the smooth work of the owner’s appointed loading master.”

Following an inspection on 4 July, the vessel set out on its sea voyage, arriving in Southampton around noon of 14 July.

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13 September 2023 |

Aprojects unleashes the Panthers

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Have you ever witnessed the incredible sight of flying panthers? If not, prepare to be amazed as Aprojects presents their next move from Antwerp of 6×6 fire fighting vehicles – powerful machines that have earned the moniker “Panthers”.

Together with AML – Antwerp Metal Logistics NV, Aprojects oversaw loading operations for two Panther 6×6 firefighting vehicles. The vehicles, each measuring a staggering 1185x300x376cm, weighed an impressive 21300 kilograms. The loading operations carried out in the busy Port of Antwerp went off without a hitch under the watchful eye of AML. The sheer size and weight of the Panther 6×6 vehicles required precise execution to ensure their safe placement within the cargo hold. These firefighting powerhouses are en route to Galisbay, Saint Martin.

As the machines make their way across the ocean, the Project Logistics Alliance team congratulates the collaborative efforts of Aprojects, AML and other stakeholders. Aprojects is represented by their Austrian office, Aprojects Austria, in the Project Logistics Alliance.

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12 September 2023 |

Hellmann takes over long-standing partner company in Italy

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Hellmann Worldwide Logistics is taking over its long-standing partner Hellmann Worldwide Logistics S.p.A. (Hellmann Italy), thus continuing its expansion strategy in the European market.

The Milan-based company, which employs approximately 70 people at six locations, has been providing Hellmann Worldwide Logistics with all its sea- and airfreight services in Italy since it was founded in 2006.

With this acquisition, Hellmann is expanding into an important European logistics market and not only completing its network in the central Alpine region, but also strengthening its presence in the Mediterranean region, which is strategically important for global seafreight operations. Going forward, Hellmann will expand its range of services through its own national company in Italy, thus offering its Italian and international customers an even more comprehensive service. The operational business in Italy will continue to be managed by Daniela Coppola, who, as a long-standing and experienced Managing Director of Hellmann Italy, will ensure a seamless continuation of all activities.

“The organic integration of Hellmann Italy into the global Hellmann network will enable us to even better exploit the potential of the Italian market and tap into new market segments,” said Jens Tarnowski, Regional CEO West Europe, Hellmann Worldwide Logistics.

“We are pleased that we are now an integral part of the global Hellmann network. After years of working together as partners, the integration is an important strategic step towards strengthening Hellmann Italy in the long term and enabling us to operate on an even more global scale. The integration will also enable us to offer our customers an even more attractive product range,” added Daniela Coppola, Managing Director, Hellmann Italy.

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12 September 2023 |

EXG partners with Kamor Logistics for shipment to India

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Kamor Logistics are pleased to report on a shipment they recently completed with fellow PCN member, Express Global Logistics (EXG).

Kamor Logistics were approached by Express Global Logistics who asked them to assist with the local operations in Israel for a shipment of one of EXG’s clients who is building a water-desalination plant in India, sourcing the components from a leading Israeli producer.

The cargo included various components for the desalination facility. This was shipped using 4 x 40’ OOG FR and 3 x 40’ HC containers from Haifa to Tuticorin.

Kamor helped EXG in streamlining the local services, and assured that the documentation was arranged in an orderly fashion. They also made sure the cargo was swiftly loaded and adequately secured before all containers were brought to the carrier’s local depot.

“Kamor were pleased to work with EXG, and hope to develop more opportunities in the future, relying on the mutual PCN affiliation and our proven record of successful conduct.”

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11 September 2023 |

Gulf Maritime handles transformer shipment to Kuwait

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Gulf Maritime Gen. Trading Contracting Co. W.l.l, member of Worldwide Project Consortium (WWPC) for Kuwait, handled four heavy and oversized transformers for the Ministry of Electricity and Water Kuwait.

The scope of work was receiving, transportation and placing the transformers onto the foundation.

The shipment consisted of four pieces of 300MVA transformers measuring 10.1 x 4.1 x 5.5 m and weighing 188.3 tons each plus shunt reactors of 45 tons and their accessories.

The project was very challenging. The transformers were transported on multi axle trailer deploying 16 axles each per transformer. Due to the over dimension of the transformers, a long route of 250 km had to be travelled to avoid bridges. A new road was constructed, the road dividers were removed in some locations and it was also necessary to drive against the traffic. Civil work was done in several areas along the way. Due to heavy rain leveling and compaction enroute on a service road it was essential to avoid the trailer getting stuck in the sand.

The transformers were carefully unloaded from the hydraulic axles and safely placed on the foundation using jacking and skidding operation. Of course, special permits, police escort, ministry approvals were required during transportation.

This project was executed under extreme pressure during Ramadan time and the project was time bound to make the transformers operational prior to summer. Despite the challenging road conditions the transformers were delivered in safe by on time.

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11 September 2023 |

Port of Nagoya strengthens commercial ties with Bilbao

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A delegation from the port of Nagoya, one of Japan’s major ports, has visited the port of Bilbao to strengthen commercial ties.

In the course of the visit, the delegation from Nagoya expressed particular interest in the leading role of the port of Bilbao as a hub for wind energy and a benchmark in energy transition, with cutting-edge projects such as the electrification of the docks which will enable vessels to switch off their engines whilst berthed to reduce emissions and noise levels.

The delegation, consisting of 30 people from the logistics, port and industrial sectors, was headed by the Senior Assessor of the Chamber of Commerce and Industry of Nagoya, Mr Jiro Takahashi, and by the Executive Vice-President of the Port Authority of Nagoya, Mr Yuji Kamata. The business mission was hosted by Mr Andima Ormaetxe, Director of Operations, Commerce and Logistics of the Port Authority of Bilbao, who explained and showed them around the services and terminals of the port, highlighting its high share of rail intermodality, its diversification and the strong industrial component that differentiates the port of Bilbao from others.

After their visit, the representatives of the port of Nagoya declared that “the environmental measures taken at the Port of Bilbo are indeed ambitious and impressive. Windmill towers and blades stacked at its yards are overwhelming, which we felt illustrating the Port’s determination towards energy transition. Global warming is something that the world ports need to address in collaboration, and we hope to continue exchange information with the Port of Bilbao in a proactive manner”.

Delegation from the port of NagoyaDelegation from the port of Nagoya
Trade between the Basque Country and Japan, excluding energy products, accounts for 21% of total trade between Spain and Japan. Traffic between the port of Bilbao and Japan rose sharply in 2022 (+75%) due to an increase in imports of steel products. Japan ranks fifth in terms of traffic of conventional breakbulk cargo through the port of Bilbao.

The Japanese business mission to Europe has also included visits to the ports of Antwerp-Bruges, Naples and Barcelona.

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11 September 2023 |

Rhenus solidifies LATAM presence through new partnerships

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Rhenus, a leading global logistics specialist, is further expanding its existing presence in the Latin America (LATAM) market through strategic initiatives designed to enhance its service portfolio and capitalize on the region’s growing potential for globally connected supply chains.

The company has announced its acquisition of Colombia-based BLU Logistics and a majority shareholding of LBH Group, bolstering its capabilities in the region and reinforcing its commitment to global supply chain connectivity.

The Rhenus Group is acquiring BLU Logistics, a leading LATAM freight forwarder present in Argentina, Colombia, Ecuador, Mexico, Paraguay and Uruguay as well as in Mainland China and Hong Kong with more than 180,000 TEUs of ocean freight volume.
Additionally, Rhenus is securing a majority share of 51 percent in LBH Group, which operates in more than 30 countries worldwide, including six in the LATAM region, and has additional alliances in several Central American countries.
Combining the BLU and LBH teams will result in the Rhenus Group growing its LATAM workforce by 2,200 employees, reinforcing Rhenus dedication to the region by enhancing its local capabilities and contributing to its global expansion efforts.
These strategic actions aim to bolster Rhenus presence in LATAM to accelerate further growth in global trade and enhance its Asia-LATAM trade lane, nearshoring capabilities, and service options in light of the industry trend to diversify sourcing and supply chains.

“Our strategic acquisitions allow us to further strengthen our global network and service portfolio in the LATAM region, where we see increasing demand for logistics services, especially for the e-commerce industry. In addition, the region’s proximity to the North American market fosters a robust environment for nearshoring, which aligns perfectly with our growth strategy. Together with BLU and LBH, we create a unique position with the value of a family-business for our customers and people by offering a strong footprint in key markets to secure more robust supply chains globally,” says Tobias Bartz, CEO and Chairman of the Rhenus Group.

The Rhenus Group has a strong foundation in LATAM, with established operations across Argentina, Brazil, Chile, Colombia, and Mexico. Their recent acquisitions have paved the way for even broader geographical coverage including BLU Logistics’ additional presence in Uruguay, Paraguay, and Ecuador, as well as port agency services in Latin America, among others in Colombia, Brazil, Panama, Curacao and in several Central American countries from LBH. This expansion complements Rhenus leading position in the Asia-LATAM corridor, leveraging BLU’s robust trans-Pacific freight forwarding network. This strategic move not only allows Rhenus to expand its activities in the region seamlessly but enables BLU to extend its reach to European and Indian trade lanes, leading to significant growth in its existing customer offerings and cross-selling opportunities. David Kassin, previously associated with BLU Logistics, will assume the role of CEO for Rhenus Air & Ocean LATAM.

“This is a win-win-win for BLU Logistics, Rhenus, and above all, our customers. The global Rhenus network gives us the possibility to further explore other regions and to expand our client base to new segments and geographies, especially to India and the Middle East, as well as Southeast Asia, Europe, and North America,” says David Kassin, CEO of Rhenus Air & Ocean LATAM. “The synergy between BLU and Rhenus, driven by our shared commitment to customer-centricity, team cohesion, and entrepreneurial spirit, will propel us to even greater heights.”

The acquisition of a majority share in the LBH Group enables Rhenus to enter and cover the Latin American, Asian, Australian, and African markets as a globally oriented port agency with business sites in 24 countries worldwide as well as alliances in 7 additional countries. As part of the acquisition, the logistics specialist is taking over all the employees at the globally active maritime shipping agency, which includes processing incoming and outgoing vessels – regardless of whether they carry bulk goods, liquid cargo, containers, or general cargo. Rhenus is aiming to extend the takeover to include 100 percent of the shares during the next few years. Both parties have been cooperating in a relationship of trust for many years. “We’re looking forward to successfully pressing ahead to grow our business together, with our trusted partner Rhenus becoming a permanent feature in our future orientation,” says Bert Lagendijk, Managing Partner of the LBH Group. Together with his brother Jan Lagendijk, both co-founders of LBH will initially remain active on board to tap into future growth opportunities.

The transaction with BLU Logistics is subject to approval of the Colombian antitrust authorities.

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7 September 2023 |
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