Maersk Line and leading global aluminium producer RUSAL, have signed an agreement of intent to cooperate within cargo transportation for the long term.
Under the agreement, RUSAL and Maersk Line will cooperate for the long-term with regards to the transportation of RUSAL’s products, particularly aluminium and alloys.
The estimated cargo volume of the agreement may reach 10,000 TEU per year and the agreement is valid for three years and includes options for further extension.
Vladislav Soloviev, CEO of RUSAL, said: “The signing of this agreement is a confirmation of the mutual intentions to build a long-term strategic partnership between RUSAL and Maersk Line.
“The aim of the agreement is the joint search for the most optimal logistic solutions aimed at optimising costs for both parties.”
Alexander Bobrakov, Sales Manager for Russia at Maersk Line, said: “We know that consistent and reliable service is crucial for our customers and we are committed to meeting these high expectations vested in us and playing an important role in RUSAL’s supply chain.”
Tom Hyldelund, Managing Director of Maersk Line in Russia, said: “This agreement is of great significance toward the upcoming celebration of our 25th anniversary operation in Russia in 2017.
“After evaluating some noticeable milestones in Maersk Line’s history in the local market, we are pleased to establish a partnership with RUSAL, which will commence growth and development opportunities.”
Søren Skou, CEO of Maersk Line, said: “Our agreement with RUSAL includes three of our brands, Seago Line, MCC and Maersk Line. It is therefore also a testimony of our global reach as well as our regional expertise.”
Fact File: Maersk Line is the world’s largest container shipping company, known for reliable, flexible and eco-efficient services. It provides ocean transportation in all parts of the world and serves customers through 324 offices in 115 countries.