New alliance agreement to facilitate Brazilian exports to the Middle East
The GAC Group’s global agency network has now expanded to Brazil through an alliance agreement with Wilson Sons Shipping Agency, which came into effect on June 1.
This alliance will ease the way for the shipments of timber, steel, PVC resin, Marco Polo busses (used by Dubai Municipality for the local public transport system), Volkswagen trucks and cars and Caterpillar equipment that Brazil exports to the Middle East region every year.
With over 500,000 tonnes of lumber, 250,000 tonnes of Caterpillar equipment and 100,000 tonnes of PVC resin produced in South America for the Middle East market every year, GAC’s expanding port coverage in South America is an important development for facilitating exports to the region.
“As one of the only international shipping agencies based in the Middle East, it is vital that our global network caters to our clients’ interests in every corner of the globe,” said Lars Peter Heisselberg, Group Vice President, GAC Shipping from the company’s corporate head office in Dubai. “With alliances already established in Venezuela, Argentina, Chile, Peru, Uruguay and Panama Canal, the GAC-Wilson deal brings us one step closer to complete port coverage in South America.”
Sustained growth and a stable economy are boosting Brazil’s trade volumes and have provided the catalyst for GAC’s entry, said Lars Peter.
“There is strong demand for export products including soybeans, coffee and sugar, and dry bulk commodities such as iron ore, steel and timber. Our timely partnership with industry veteran and agency expert Wilson Sons enables us to meet the surge in demand for port and ship agency services, especially to dry bulk carriers and tankers,” he said. (menareport.com)
© 2004 Mena Report (www.menareport.com)