Sunday 1 August 2021

Jumbo, BBC Chartering agree strategic co-operation deal

AMSTERDAM, October 17, 2017

Netherlands-based Jumbo and Germany’s BBC Chartering, a leading project chartering network, have agreed to an exclusive strategic co-operation called the Global Project Alliance.

Jumbo is a global market leader in providing innovative, safe and viable heavy lift transportation solutions for a wide range of industries.

This unique co-operation between two family-owned companies brings together established and reputed heavy-lift expertise and massive fleet capacity, said a statement.

The alliance is a mutually-shared aspiration to provide comprehensive solutions to customers on a global scale.

By joining forces this alliance offers unrivalled project logistics solutions to EPC’s and project companies, it said.

The objective is to improve the worldwide service which is offered by both brands while leveraging their respective complementary strengths and assets. By drawing on the joint capabilities of both companies, the alliance can provide a “best for project” solution by optimising volume and super heavy lift cargoes for the project, it added.

Both parties are committed to providing the resources to explore all possibilities (if necessary supplementing their own fleets with unique additional Ro-Ro tonnage), to increase the value they can deliver to customers, including but not limited to, pre-and on-carriage, documentation and container consolidation when demanded by the project, said a statement.
To start-off, the partners will focus on offering their combined solutions by jointly bidding on specific projects providing customers the fleet and services on a “best for project” basis. Whilst both partners have agreed to an exclusive co-operation they will continue to operate as separate entities, it said.

Svend Andersen, CEO of BBC Chartering, said: “Jumbo and our company make a great match, which one can truly call ‘the biggest and the best’.”

“We look forward to forge this alliance and intensify our collaboration on commercial, operational and strategic levels,” he said.

“We realise that the world of project shipping is changing rapidly, and that our organisations need to focus on building strategic assets that will enable them to create value in the future,” he added.

Twan Voogt, CCO of Jumbo, said: “Both of our companies are family owned, financially strong, and follow a long term strategy in the project shipping sector.”

“As alliance partners we seek to fully utilise our potential arising from BBC Chartering’s market position as leader in the volume market for projects and from Jumbo’s market position as leader in super heavy lift projects,” he addee. – TradeArabia News Service

Tags: | deal | Jumbo | strategic |

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