Independent journal on economy and transport policy
08:20 GMT+2
This page has been automatically translated by Original news
Agreement Louis Dreyfus Armateurs - Golden Agri-Resources for the oil transport of palm in Indonesia
Maritime group GAR will acquire 50% of Orchard Services
July 11, 2014
The shipowning group French Louis Dreyfus Armateurs (LDA) has signed an agreement with Indonesian Golden Agri-Resources (GAR), group that center to Singapore has and that it possesses in Indonesia plantations of palm from oil that are second to the world by extension (470 thousand the hectares). The objective is to collaborate to marine and logistic activities in Indonesia through the Orchard Maritime Services (the WHO), company with a fleet for the transport of producing agricultural and minerals that currently are of entire property of French LDA and that 50:50 with the cession of half of the capital to group GAR will become joint venture.
Commenting the agreement with the French group in charge of the business strategies and of the development of the activity of the GAR, Jesslyne Widjaja, it has explained that "this takes part of the initiative strategic of the GAR to emphasize the vertical integration of own activities. Through this collaboration with LDA - it has specified - GAR will be able ulteriorly to optimize own supply chain assuring the application of the best international standards and to achieve a efficientamento of the costs in the national transport of our produced ones".
"Our group - the managing director of Louis Dreyfus Armateurs has remembered, Edouard Louis-Dreyfus - has strong ties with Indonesia where it is present gives beyond 25 years. This partnership is an ulterior step in our strategy to strengthen our position in a nation that many industrial opportunities offer and of business".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The shipowning group French Louis Dreyfus Armateurs (LDA) has signed an agreement with Indonesian Golden Agri-Resources (GAR), group that center to Singapore has and that it possesses in Indonesia plantations of palm from oil that are second to the world by extension (470 thousand the hectares). The objective is to collaborate to marine and logistic activities in Indonesia through the Orchard Maritime Services (the WHO), company with a fleet for the transport of producing agricultural and minerals that currently are of entire property of French LDA and that 50:50 with the cession of half of the capital to group GAR will become joint venture.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
