Wednesday, April 16, 2014

Joint Venture as Freight Forwarder and Logistics Supplier Steps Into the Nuclear Age

Traditional Shipping Industry Name Continues to Expand Branches of Logistics it Can Service
Shipping News Feature

UK – Cory Brothers is a name which has been associated with British merchant shipping from its inception in the 1800’s and which has constantly evolved as tastes and logistical demands have changed over the years. Having moved from port and liner agency to freight forwarder the latest development for Cory Logistics, now part of Braemar Shipping Services plc, is a joint venture with supply chain specialist Navarm Limited to provide both maritime and land based services for the nuclear new build industry.

The new outfit, Cory-Navarm, is based in Puriton, Somerset and will draw on Braemar’s experience and global network, not to mention £140+ million revenue generation, to service energy-related projects with a need for maritime and land-based services, not the least of which will be the EDF Energy development at nearby Hinkley Point C power station.

Henceforth a full suite of services available from Cory-Navarm’s experienced staff include jetty & port operation, ships agency & technical services, loading & discharging services, environmental services, land-based logistics, security services, project cargo handling & storage, waste management and indivisible load management to support all types of nuclear new build supply chain requirements.

The joint venture is intended to enable nuclear industry primes, tier 1 and subsequent tier suppliers to reduce costs in the complex nuclear supply chain by sourcing all requirements from a single source service provider. Martin Barnes of Cory Navarm said:

“This joint venture is an exciting new development for both companies which will enhance our services and benefit the expanding nuclear new build sector.”

Photo: Hinkley Point C