GWC Qatar Signs First Ship Owning Agreement with LDA

GWC Qatar Signs First Ship Owning Agreement with LDA

Strategic partnership created to provide logistics and shipping support for the offshore energy sector

Marking a significant milestone with its entry into the maritime sector, GWC Qatar, has signed a teaming agreement with leader in the maritime industry Louis Dreyfus Armateurs (LDA) to form a strategic partnership to provide logistics support for offshore energy rigs.

The signing took place at LDA’s Paris headquarters and was attended by Ranjeev Menon, Group CEO, GWC, and Kamil Beffa, CEO, LDA.

Under the terms of the agreement, GWC and LDA will combine their expertise, resources and networks to jointly pursue ship owning ventures.

Ranjeev Menon, Group CEO, GWC said: “We are pleased to form this strategic partnership with LDA.

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"Together, we will offer unparalleled efficiencies and fresh perspective to the marine, shipping and logistics industry, ensuring the requirements of the energy industry are met with the highest international standards.”

The partnership comes at a time when the maritime industry is undergoing rapid transformation, driven by fast-changing regulations, digitalisation and the urgent need to reduce environmental impact.

Kamil Beffa, CEO, LDA said: “Their fresh perspective and innovative approach will complement our rich heritage and extensive industry knowledge.

"Together, we will navigate evolving challenges and capitalise on exciting opportunities. This partnership is a testament to our commitment of fostering innovation and delivering excellence.”

In under 20 years, GWC has become a major logistics services provider in Qatar and across the region.

Through its North Field Expansion, Qatar plans to increase production capacity by 50% thus fueling the related logistics services' demand. 

For more than 170 years, the Louis Dreyfus Armateurs Group has been offering players in the maritime world innovative industrial solutions adapted to their needs and integrated services ranging from the design and management of ships to offshore maritime and shipping operations.

Read More: Qatar's GWC Logistics Records Revenues of $144 Million for Q1 2023

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