Blue Water expands footprint in Malaysia
Global provider of all logistics services in modern supply chain management Blue Water has grasped the opportunity to grow its business in Malaysia further. The company has been present in the country since 2009, but the current demand coming within the Energy and Projects segment warrants expansion.
“Proximity and flexibility are what our customers know us for. Delivering logistics solutions of high quality is supported by having connections to worldwide markets, and that is why we are really focusing on our core competences in these areas. We want to be the best in town wherever we play, be it in Australia, China, Singapore, Papua New Guinea or Malaysia”, says Jason Goh, who is Regional Managing Director – Asia Pacific Energy & Projects.
During recent months, Blue Water has expanded with five new offices in the APAC region. It is the Energy & Projects division that to a great extent handles the main activities, however, general cargo and consumables are also picking up.
“Recently, we won a big mining contract. We continue to be extremely successful within the Oil & Gas, and we are seeing exciting new opportunities within Solar and Wind. We just secured a large contract to ship about 1.5 million freight tonnes into Australia. During the last ten years, we delivered transport and logistics to more than a dozen wind farms in Australia. With a growth of in-house competences, we are geared for even further expansion and success”, Goh states.
The expansion comes on the back of the company reporting its third highest annual profit ever. The company also previously noted that the first months of 2022 show fine results and good development. Growth-wise, an acquisition in Guyana has been effected, a number of new locations worldwide are in the pipeline, and management expects that 2022 will continue to be positively influenced by a high activity level – especially in the fields of Sea, Air, Reefer, Energy and Port & Projects. However, the high energy prices and the war in Ukraine complicate evaluation of the exact development.