Switzerland-based global transport and logistics company Kuehne + Nagel International AG recently announced they have been awarded a three year logistics and supply chain contract with Petroliam Nasional Berhad (PETRONAS).
PETRONAS is Malaysia’s number one fully integrated Oil and Gas government-owned organization with operations in over 50 countries across the globe and is one of the FORTUNE Global 500® companies. The contract was officially signed on Friday 20th July 2018 in Kuala Lumpur City, Malaysia.
The agreement will see Kuehne + Nagel assume all responsibilities for the end-to-end integrated supply chain. The company was chosen due to their extensive global network and their complete suite of logistics services, comprising air, sea, overland and Logistics Control Centers in four strategically located hubs.
The One Global System devised by Kuehne + Nagel which offers customers precise and real-time visibility proved a competitive edge during the bidding process as this aligns with the digitization strategy of PETRONAS.
President of Kuehne + Nagel for the South Asia Pacific regions, Jens Drewes commented, “We are delighted to enter into collaboration with PETRONAS, the custodian of Malaysia’s petroleum resources. Our appointment as PETRONAS’ one-stop logistics partner is a significant milestone for Kuehne + Nagel. It is a testament of our strategy to offer technology-driven value chains to our customers and further strengthens our industry-leading position.”