Contract Logistics

Hellmann UAE Form New Joint Venture with Indu Maritime Group

Hellmann UAE Form New Joint Venture with Indu Maritime Group
Danny Gill

The UAE arm of Hellmann Worldwide Logistics recently announced at the Middle East Coatings Show in Dubai a new joint venture with Indu Maritime Group.

This is Hellmann’s third vertical joint venture and has been named Hellmann Indu Chemical (HIC). The strategic joint venture also includes the asset-based Indu Maritime Group, a local logistics company.

The Indu Maritime Group is a family owned business and can boast more than one million sq. ft. of warehousing space in the Jebel Ali Free Zone.

Three facilities create an umbrella for the joint venture with a current total of 15,000 pallet positions with a further expansion of 5,000 more pallet positions planned.

In the GCC region, the Chemical industry is the second largest sector and is worth over $108 billion, the growth in this sector has been nearly all organic resulting from local capacity expansion.

CEO of Hellmann Worldwide Logistics, Dr. Thomas Knecht said, “The Middle East is an important market for the Hellmann Group. The joint venture hence is for us a great opportunity to further expand our business in the area together with a leading regional partner.”

Madhav Kurup, CEO for Hellmann Worldwide Logistics Middle East, and South Asia (MESA), when signing the agreement stated, “Our ongoing strategy to create state-of-the-art infrastructure, niche industry expertise, and globally benchmarked systems and processes that can add value to our customers´ supply chain within this region is the backbone for our outstanding growth over the last years. This new venture is another step in this direction for our sustainable growth.”

Chairman of Indu Maritime Group, Kishore Lakhani said, “We are honored to partner with a family owned global giant within the logistics industry like Hellmann. Our infrastructure combined with Hellmann’s global expertise, systems and processes will enable us to provide the best solution to the chemical industry in the region.”

Contract Logistics
Danny Gill

Danny is currently a Contributing Writer for Airfreight Logistics and Logistics Manager (LM) and is quite the foodie. He’s always on the hunt for new and exciting dishes to sample, and is never one to back down from a spicy challenge. His travels have taken him around the world, and he’s been able to experience many different cultures (and food).

More in Contract Logistics

Rhenus Acquires Rodair Group and Establishes Network in Canada

Danny GillMarch 20, 2019
Titan-VNS Enter Idemitsu Super Turbo Thailand Championship

Titan-VNS Enter Idemitsu Super Turbo Thailand Championship

Logistics ManagerMarch 14, 2019
Nippon Express (Cambodia) Set to Build New Warehouse in Phnom Penh SEZ

Nippon Express (Cambodia) Set to Build New Warehouse in Phnom Penh SEZ

Logistics ManagerMarch 12, 2019
Titan-VNS Completes CSR Projects in Phitsanulok

Titan-VNS Completes CSR Projects in Phitsanulok

Logistics ManagerMarch 8, 2019
Yusen Logistics Establish Global Headquarters

Yusen Logistics Establish Global Headquarters

Logistics ManagerMarch 7, 2019
Yusen Logistics’ State-of-the-art Warehouse Achieves The Planet Mark Certification

Yusen Logistics’ State-of-the-art Warehouse Achieves The Planet Mark Certification

Danny GillMarch 5, 2019
Bolloré Logistics UAE Awarded Authorized Economic Operator by Dubai Customs

Bolloré Logistics UAE Awarded Authorized Economic Operator by Dubai Customs

Logistics ManagerMarch 5, 2019
DHL Release DHL Global Connectedness Index (GCI) Fifth Edition

DHL Release DHL Global Connectedness Index (GCI) Fifth Edition

Logistics ManagerFebruary 18, 2019
CMA CGM Unveils their Public Tender for Shares in CEVA Logistics

CMA CGM Unveils their Public Tender for Shares in CEVA Logistics

Logistics ManagerFebruary 13, 2019
LM is the leading source of logistics and cargo news within ASEAN and is regarded as one of the most authoritative sources of information. Our subscribers keep up to date with the latest logistics news, views, features and events within ASEAN and beyond.
AFL Real Logo

Airfreight Logistics is the air cargo professional’s number one provider of news and information in ASEAN and around the World. To keep abreast of all the latest news and for in-depth features visit our website www.airfreight-logistics.com

UpMedio

Subscribe to our newsletter!

© 2015 Logistics Manager | About Us | Advertise | Subscribe | Contact | thai Thai Version