Sunday, April 30, 2017

A Round-Up of Smaller Items This Week

Other News Linked to the Supply Chain
Shipping News Feature
PHILIPPINES – This week some snippets of news from the world of shipping and logistics starts with the fact that Ventis and OSM have signed a joint venture agreement to provide Filipino crew to K Line's entire LNG fleet. The expansion of the partnership that the JV agreement represents confirms OSM's position in the growing LNG market. Within the next four years the number of K Line Group LNG vessels is expected to grow to about twenty such ships. Tommy Olofsen, Managing Director for OSM Crew Management commented:

“Today marks a significant milestone in the relationship between the K Line group and OSM, in that we have signed an MOU for establishing a JV for K Line’s LNG Filipino manning. This development cements the strategic manning relationship between our organizations and signifies the high quality of OSM Crew Management to be selected as global manning partner and JV partner for K Line.”

When the two companies signed the Strategic Manning Partnership agreement, Managing Director of K Line LNG Shipping (UK) Ltd., Yuzuru Goto, said:

“We believe this to be an excellent partnership, from a supplier with a genuine maritime heritage, understanding of industry operations and aspirations, and understanding of our corporate values and organizational culture. This gives us complete peace of mind for future compliance, dependability and, importantly for K Line’s, safe and environmentally responsible operations.”

UK – The Denholm Group, which celebrated 150 years of trading in 2016, has announced the acquisition of Bennett & McMahon Agencies, by Denholm Global Logistics, the forwarding business of the Groups Logistics Division.

Bennett & McMahon, based on the Wirral, was formed in 1994, by Mike McMahon and Ralph Bennett, specialising in the African continent, focusing on UK exports and Cross-Trades. Since its formation the business has expanded into other trade lanes and logistics activities, but still remains one of the leading UK Forwarding businesses in the African market.

The acquisition complements the existing service offering of Denholm Global Logistics, which focuses heavily on the Far East and import market. The purchase also brings with it an experienced senior management team, headed by Mike McMahon, who has been appointed Managing Director of Denholm Global Logistics.

Denholm Logistics Group, based in Liverpool and led by family member, Niall Denholm, provides all aspects of Logistics, and operates businesses not only in Forwarding, but also Warehousing, Distribution, Port Agency and Vessel Chartering. The business has experienced significant growth in recent years both organic, and by acquisition, including expansion into Ireland by the purchase of Hamilton Shipping. The business views the acquisition of Bennett & McMahon Agencies, as an exciting opportunity, and a further strategic step in strengthening its position within the UK & Irish logistics market.

UK – Gideon Hillman Consulting is celebrating being awarded a total of eighteen consultancy projects so far this calendar year, calling upon the wide range of specialist skills the logistics consultants possess. Amongst the new clients are Beiersdorf, CPI, Equip Outdoor, Hallis Hudson Group, Jestic Food Services, Knighton Foods, PEPCO, Wiggle and The Pen Shop.

US – SINGAPORE – B&H Worldwide, specialists in aerospace logistics, has been appointed by Aerospares 2000, winner of the Queen's Award for International Trade 2017, to handle its extensive inventory of rotable spare-parts in the US and Singapore. Operating from its US facility in Miami, Florida B&H will be responsible all serviceable AOG stock destined for US, Central and Latin America markets on behalf Aerospares 2000. From its newly expanded Singapore base it will service the rapidly growing Asian after-market