Agility wins $24.4m KNPC contract
Kuwait City, May 13, 2013
Agility, a leading global logistics provider, has announced it has won a $24.4 million contract with the Kuwait National Petroleum Company (KNPC), which is set to begin this month.
As part of the contract, Agility will provide ocean, air and road transport services to move KNPC procurements worldwide, a statement from the company said. Agility will supply KNPC’s projects with spare parts, pipes and oversized parts that require special handling.
It will also provide procurement and purchasing, origin logistics, customs clearance, freight forwarding and local transportation in Kuwait and the country of origin.
“The contract plays to many of our core strengths,” said Tarek Sultan, chairman and managing director, Agility. “We are able to bring together our oil and gas expertise, heavy-lift capability and high-value services, and tailor them to our customer’s needs. Through our global network, we can make all of these services available in locations where KNPC needs us to be.”
“As one of the largest oil refining companies in the world, we were looking for a global logistics partner who could match our scale, understand our needs and meet our demanding operational standards worldwide,” said Fahed Al Ajmi, chairman and managing director, KNPC. “In Agility, we have found such a partner.”
“This win is a testament to the strength of our specialised capabilities in oil and gas services and is further proof of our expertise in helping customers expand their business within challenging environments,” said Ali Mikail, senior vice president, Kuwait and Levant, Agility. – TradeArabia News Service
More Industry, Logistics & Shipping Stories
- Morocco revives plan to sell stake in port operator
- Sabic opens new $126m research facility
- UAE women entrepreneurs set for growth
- Major cruise liner docks at Abu Dhabi port
- MAG boosts Iraq shipping capacity by 60pc
- Sabic to distribute $2.4bn dividends in H2
- Pearl diving 'regains popularity' in Bahrain
- AerCap to buy AIG aircraft leasing unit for $5.4bn
- Safco to pay $1.6 per share cash dividend
- UAE ranked 17th globally for merchandise export