Blue Water expands project logistics capacity in the Caribbean
Blue Water has continued on its expansion path as it has brought Guyana-owned and operated Falcon Logistics into its group, effective February 16, 2022. The acquisition comes as a natural step that follows the strengthening of Blue Water’s activities over the recent years in Guyana and the Caribbean Region.
The acquisition of Falcon Logistics also follows expansion of the company’s footprint in Australia, restructuring of its leadership team to aid the growth and recent opening of offices in Saudi Arabia and Iraq.
“The acquisition of Falcon Logistics is a very exciting event in the world of Blue Water. It is yet another substantial commitment in the Caribbean region, and we are pleased to welcome more than 40 new colleagues in Guyana to the Blue Water family,” says Thomas Bek, COO, Energy, Port & Projects, Blue Water.
Blue Water handles large volumes of cargo for the Oil and Gas sector into Guyana and with the acquisition of Falcon, the company has expanded the range of services to include shore base, warehousing, trucking, laydown management, heavy haulage and lifting project-related business into and out of Georgetown.
The acquisition of Falcon Logistics is a natural step forward for Blue Water, as there is an excellent match between the two companies. Founded in 2013, Falcon is a 100 percent Guyanese employee company based on strong values and supporting the Oil and Gas sector in the region. Under the structure of the acquisition, Blue Water Guyana, will remain majority Guyanese owned, maintaining full compliance with local content law.
Blue Water bets on local knowledge
“Gaining the staff, expertise and assets from Falcon is instrumental to our business plan in the Caribbean. The new employees, properties, equipment, and warehouse space truly puts Blue Water Shipping in a position to continue to thrive in the local market,” says Brent Patterson, Regional Director Energy, Ports & Projects at Blue Water.
Falcon Logistics is confident that Blue Water will succeed in combining the strength of the two companies and that both current and future customers will benefit from the acquisition in the future.
“We are proud to join the Blue Water family, which will provide a global reach to an already expansive Falcon Logistics product. This newly formed Guyanese-owned company not only complies with the full spirit of Guyana’s local content legislation but creates a plethora of opportunities for Guyanese people within this industry”, says Jennifer Falconer, Co-founder of Falcon Logistics.