Monday, June 23, 2025
Home News GAC set to acquire Ahlers Singapore's logistics operations

GAC set to acquire Ahlers Singapore’s logistics operations

United Arab Emirates-based Gulf Agency Company (GAC) is set to acquire Ahlers’ Singapore logistics business following the signing of a Memorandum of Understanding (MoU) via a virtual link over the internet.

In announcement on 21 July GAC said the acquisition will include Ahlers’ international sea freight, land transportation and storage services, and increase the company’s footprint in Asia, offering greater value to its customers.

Ahlers Group CFO Carl Peeters said the Belgian-based company would concentrate its activities in Europe, Russia and the CIS where the company has major investments and developments currently being advanced.

While Ahlers shifts its focus closer to its regional home, GAC has strengthened its Asian operation. Henrik Althén, Managing Director of GAC Singapore adds that the container logistics business will give the company greater control over the entire supply chain: “Container logistics are an integral part of the supply chain solutions we offer to our customers. It complements our sea freight and contract logistics services, giving us the expanded bandwidth and enhanced capability to look after the entire supply chain more efficiently and effectively.”

Jesmond Oh Siew Hong has joined GAC Singapore’s Sea Freight Department from Ahlers Singapore, as senior operations executive. He joins a team of more than 80 logistics staff who, prior to the global pandemic, handled more than 2,000 jobs every month.

“This MoU builds on our long-standing relationship with Ahlers,” says Lars Bergström, Group vice president of the Asia Pacific and Indian Subcontinent region. He added, “Agility and innovation are key to survival in the highly competitive logistics industry.”





Latest Posts

We Asked AI: Container Ships in Ancient Worlds

Container Ships in Ancient Worlds Imagine a colossal container ship gliding through the Nile as pyramids rise in the distance, or docking at a bustling...

Scenario planning for Mediterranean ports growth amid ongoing tensions

The sustained growth of Mediterranean port traffic, driven by increased Asia-Europe trade and the Red Sea crisis, presents a dynamic landscape for global shipping. Assuming...

Thessaloniki port Revival: Balkan gateway reawakens

 For decades, Thessaloniki was a port with strategic promise but structural limitations, ideally located at the crossroads of Europe and the Balkans, yet constrained...

Vigor Marine Group’s consolidation signals US push to counter China’s shipbuilding dominance

In a bold move to strengthen America’s maritime capabilities, five leading US ship repair and marine service providers have united under a single banner. This...

AI reshape shipping operations

The integration of artificial intelligence into shipping operations, is poised to transform competition in the maritime industry by enhancing efficiency, safety, and sustainability while...
error: Content is protected !!