HEADLINES | eNEWSLETTER JULY 2008

 
 
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CWT Globelink Singapore To Be Damco's Hub To Asia

We are proud to announce that CWT Globelink Singapore has been appointed as Damco's devanning and export consolidation business partner. Regardless of the origin, all Damco's Asia destination cargoes will use CWT Globelink Singapore as the Hub.

This new strategic partnership will enable Damco to improve the efficiency of its consolidation operations and reduce the overall operation cost. It also enhances Damco's capability and maintains a high service standard to its global clientele. This synergic partnership will greatly benefit both companies in their respective businesses and operations

Damco is an integration between Damco Sea & Air and Maersk Logistics' freight forwarding arm, DSL Star Express.

Established in 1988, Damco Sea & Air was the forwarding arm of P&O Nedlloyd. The A.P. Moller - Maersk Group acquired Damco Sea & Air in 2005 in connection with the acquisition of P&O Nedlloyd.

Besides supply chain management services, Maersk Logistics has been providing freight forwarding services for a number of years, since 2001 under the name of ‘DSL Star Express'. Together with Maersk Logistics' air-freight and land-based services, DSL Star Express was renamed ‘Damco' since 1 July 2007.