The contract which was won as part of a competitive tender was signed in Kuala Lumpur City, Malaysia.
Under the agreement, Kuehne + Nagel will assume end-to-end integrated supply chain responsibilities for the Fortune Global 500® company. Malaysia is the world's third-largest exporter of LNG and the second-largest oil and natural gas producer in South East Asia. Support includes carrying out freight forwarding services, logistics management, plus off-site and on-site warehouse operations.
Kuehne + Nagel was appointed for its extensive global network and its full suite of logistics services, comprising air, sea, overland, and Logistics Control Centres in four strategic hubs. Its industry-leading technology such as the One Global System which offers customers precise and real-time visibility was another competitive edge, as it aligns with Petronas’ digitisation strategy.
Jens Drewes, President of Kuehne + Nagel South Asia Pacific, comments: “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.”
Petronas’ drive towards a sustainable energy future is in line with Kuehne + Nagel’s mission to protect the environment through the application of advanced, environment-friendly technologies to ensure sustainability for future generations. Kuehne + Nagel will utilise Petronas fuel, lubricant, and petrochemical products when performing overland activities in Malaysia.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/24072018/petronas-selects-kuehne-nagel-as-partner/