Logistics giants open new offices in Istanbul
The shift of production to Eastern Europe has changed the investment route of global logistics companies. New opportunities that China’s ‘Belt and Road’ project will create are also attracting industry giants to these regions. Consequently, companies are choosing Turkey as a bridge between Europe and Asia for investment. On the one hand, existing companies are opening new lines while on the other, new players are entering the market.
Trans Global Projects (TGP) became the first British logistics company to enter the Turkish market when it opened its first office in Istanbul in March. The Romania-based P&O Ferrymasters also opened an office in Istanbul last week. Hong Kong-based Kerry Logistics is opening a new railway and road line between China and Turkey with an investment of 50 new trailers. The company, which also opened an office in Istanbul, serves in project logistics management, ship chartering, airline logistics, supply chain management, logistics consultancy and procurement and aims to establish a logistics network between its clients in Europe, the Middle East and Central Asia via its office in Turkey. Mu- rat Aksu, who has been appointed head of the company, noted that they will position Turkey as a regional transit hub, especially in project-based transportation.
P&O Ferrymasters is expanding its Pan-European logistics network to Turkey with its first office in Istanbul. These investments will allow its clients in Europe to reach Central Asia and the Middle East with daily departures from Turkey. “This strategic move will further strengthen P&O Ferrymasters’ capacity to offer logistics solutions for customers in Europe and Asia, using road, rail and maritime transport,” said Herman Braam from P&O Ferrymasters global management. “The world is becoming more complicated and we are doing the best we can to solve the logistical challenges facing our customers. Many of our customers have reached local markets in the Balkans, Turkey, Iran, Georgia and Kazakhstan by moving their production centers to Eastern Europe. We are focused on supporting these new trade lanes, primarily with road transport solutions and, in the future, offering intermodal-focused solutions.” The company’s office in Istanbul will be managed by a team led by Duygu Can, a top name in the industry.
20 locat ons n 12 countr es
P&O Ferrymasters offers logistics solutions throughout Europe, serving 20 strategic locations in 12 countries across the continent. It operates integrated land, rail and sea connections with 4,000 trailers and a container fleet. P&O Ferrymasters also owns a rail terminal in Romania’s Oradea city and is transporting from countries in Asia via the Silk Road to the United Kingdom. The company, a subsidiary of the group that operates at 8 main routes between the UK, France, Northern Ireland, the Republic of Ireland, the Netherlands and Belgium, operates more than 20 vessels carrying 8.4 million passengers and 2.3 million freight units a year.
New l ne from Ch nese Kerry
Hong Kong-based Kerry Logistics has launched a new rail and road transport service from China to Kazakhstan, the Caucasus and Turkey. Starting from the new Eurasian land bridge, Lianyungang in China, the company will carry to many points in Turkey through Kazakhstan and the Caspian Sea via the Baku-Tbilisi-Kars railway. In addition to rail transport services, road transport services along the same trade route were started by adding 50 more trailers to the company’s existing fleet. “We will strengthen our position in the region with our railway and road transport services that reach the strategic regions of Turkey and the Caucasus,” Kerry China and North Asia Chief, Edwardo Erni, said.
The largest nvestment s from DFDS
The biggest investment of the year in the logistics sector was made by DFDS. The company, which announced in April that it has purchased Turkey’s UN Ro-Ro for 950 million euros, signed the last contract two weeks ago after receiving approval from the competition authority. UN Ro-Ro has 12 vessels running five lines between Turkey-Italy and Turkey-France with the Pendik and Trieste ports, which it owns. On the other hand, other existing foreign logistics companies in Turkey have also accelerated investments. Speaking to daily DUNYA recently, German logistics giant DHL Supply Chain Turkey General Manager, Orkun Saruhanoglu ,said they planned to open 7 centers over the next year in northern and eastern Turkish cities.