New Logistics Joint Venture For Med Basin O&G

File image courtesy Tugs Malta

By MarEx 2016-05-24 20:11:34

Hili Company, the logistics division of Hili Ventures, has signed an agreement with the energy logistics company Peterson to provide supply base services, logistics, procurement and recruitment for oil and gas clients in the Mediterranean and North Africa.

Peterson offers logistics for the energy industry in the Netherlands, North America and northeast Scotland. The organisation has expanded throughout the UK with facilities at several prominent ports, including a base in Aberdeen. The joint venture marries Peterson’s background in oil and gas support with the multimodal capabilities of Hili Company, including global air, road and sea freight, ship agency and tramper services, clearances and deliveries, warehousing, courier solutions, ship-to-ship operations and project cargo. Hili's Mediterranean service branches include shipping and logistics firm Carmelo Caruana Company, CMA CGM Malta Agency (a joint venture with CMA CGM) and Airsped Express (the provider for FedEx in Malta). Its parent company Hili Ventures, a diversified logistics and technology enterprise with 7,500 employees, is also headquartered in Malta.

“The joint venture will combine our broad range of capabilities with decades of oil and gas logistics experience from Peterson. Peterson is able to partner customers for a wide spectrum of operations and projects, including the decommissioning of oil rigs and repairs.” said Hili Company chief executive officer Davide Biron.

“Our continuing investment in technology allows us to offer customers industry-leading solutions through our suite of digital applications which includes eCargo, the first system to digitise quayside operations, making them more transparent and efficient, including the handling of transport requests, container management and cost allocation for supply vessel pools.” said Peterson director Jim McSporran.