Maersk - Grindrod JV to offer end-to-end logistics in South Africa
A. P. Moller - Maersk announced its intention to form a joint venture with Grindrod Group in order to enhance its capabilities as an integrated logistics player in South Africa.
“Through this proposed joint venture, the logistics activities of Grindrod Intermodal business and the ocean activities of Ocean Africa Container Lines (OACL) will complement Maersk’s current ocean capabilities and logistics & services, enabling customers seamless access to a wider range of end-to-end supply chain solutions,” reads the release.
Maersk will have a 51 percent share in this proposed joint venture which will increase access to landside infrastructure and capabilities which are critical to delivering reliable logistics solutions.
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