Thursday, February 18, 2010

Logistics And Supply Chain Specialists Damco Extend African Operation

New Djibouti Office Opens This Month
Shipping News Feature

DJIBOUTI – Damco, the logistics arm of shipping giants Moller – Maersk have announced they are to open an office in the country this month to better service the sea freight forwarding, customs clearance and inland transportation requirements of their customers there and in Ethiopia. This will be the companies thirty second office within sub – Saharan Africa and means they now have a presence in twenty six countries in the region.

Damco consider that Djibouti's position on the major East-West trade lane between Europe, the Middle East and Asia has turned the port into a key transportation hub in the area. The country also benefits from its status as a free-trade zone and is thus a key transhipment location.

Damco representatives were keen to promote the companies services in the area and made mention of areas of growth. Mandeep Singh, Head of Damco’s Djibouti operations, made special mention of the possibilities for those with controlled temperature requirements. He said:

“Damco will be launching a number of reefer solutions, providing a competitive mode of transport, supporting customers in Ethiopia. One of the exciting developments witnessed in the Ethiopian market is the huge growth in Floriculture. Previously, customers were reliant on air freighting flowers to the global market in Holland – now, we will be able to run reefer containers via land from Addis Ababa into Djibouti and from there, via ocean freight, to Rotterdam. As well as significantly reducing transportation cost, this will also allow us to remove a substantial amount of CO2 emissions out of their supply chains. We strongly believe that our entry into this market will be well received by the trading community in Djibouti as well as land-locked Ethiopia."

Nils Havsager, CEO of Damco Africa, commented :

“The opening of the Djibouti office follows on from Damco's expansion into Zimbabwe and Mozambique at the end of 2009 and re-affirms Damco's commitment to Africa as well as our strategy of expanding the company's presence in emerging markets.”

http://www.damco.com/Pages/default.aspx