Gulftainer and VertomCory have announced their intention to form a strategic shipping joint venture in the Middle East and the US.
The aim is to provide a wide range of services. These will include vessel and port agency services, customs clearance, logistics, offshore supply, consumables, bunkering, ship-to-shore equipment, and diving services.
Additionally, the joint venture will offer insurance, husbandry, and hub services, as well as information and documentation management.
This shipping agency will look to start operations in the UAE, with a progressive expansion plan across other GCC countries, providing digitally-led services to ship owners, charterers and cargo owners.
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Simon Aynsley, Chief Commercial Officer of Gulftainer, said: “We look forward to working together on delivering this strategic joint venture with VertomCory, which will enhance Gulftainer’s value proposition and further provide a seamless experience to our regional and international customer base.
“This partnership will leverage our complementary capabilities and build on our extensive network and experience. The joint venture will be an extension of our existing service offering and deliver additional value to our customers further enhancing Gulftainer’s position as a leading end-to-end supply chain and logistics provider.”
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Peter Wilson, CEO of VertomCory, said: “We are pleased to join forces with Gulftainer in this strategic partnership, which will significantly strengthen our presence in the Middle East market.
“Gulftainer’s strong local expertise combined with VertomCory’s innovative solutions creates a powerful synergy that allows us to better serve our clients and accelerate growth in this dynamic region.”
Earlier this year, Gulftainer announced that it would transition its core enterprise resource planning to the cloud, implementing RISE with SAP and S/4HANA to improve global operations.
