GTS acquires logistics specialist provider

GTS acquires logistics specialist provider

GTS, a logistics company, has purchased SSL offering barge deliveries, warehouse consolidation, and freight forwarding services.

The merging of the two firms intends to improve service offerings in maritime spare parts logistics by using the combined capabilities, culture, and worldwide network of both organisations.

John Burgstra, Co-CEO at GTS, said: “With a shared vision and complementing strengths, this collaboration with SSL is a natural progression.

“Together, we are able to redefine service standards in marine spare parts logistics, offering an even more comprehensive and integrated service portfolio to our clients at Marinetrans that is unrivalled in the industry. The acquisition of SSL reinforces our last-mile service offering, giving our clients a wider range of options.”

READ: DP World signs ‘first-of-its-kind’ logistics collaboration with major hospital

The Co-CEO of Burando Maritime Services, Andreas Drenthen, further added: “This transaction allows SSL to join forces with a long-standing partner, GTS, and offer its clients an international proposition.

“We believe this strategic move will unlock new potential and opportunities for both companies, and we are excited to see where this collaboration leads.”

READ: How to unlock the value of data-driven logistics

Through technological innovation and service integration, SSL and GTS have the ambition to establish a efficient service in the market, organising their clients’ logistics from vendor to vessel.

This month, Saigon Newport Corporation (SNP) and the Vietnam-Singapore Industrial Park Joint Venture Company Limited (VSIP) signed a Memorandum of Understanding (MoU) on strategic cooperation in the field of logistics.

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