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Kuehne + Nagel selected as PETRONAS’ end-to-end logistics partner

Kuehne + Nagel selected as PETRONAS’ end-to-end logistics partner

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 Kuehne + Nagel has been awarded a three year logistics and supply chain contract with Malaysia’s leading fully integrated Oil and Gas government-owned organization with operations in over 50 countries in the world, Petroliam Nasional Berhad (PETRONAS). The contract which was won as part of a competitive tender was signed last Friday (July 13) in Kuala Lumpur City, Malaysia.

A global transport and logistics company based in Switzerland, Kuehne + Nagel has approximately 76,000 employees at more than 1,300 locations in over 100 countries.

Under the agreement, Kuehne + Nagel will assume end-to-end integrated supply chain responsibilities for the FORTUNE Global 500® company.

Malaysia is the world’s third-largest exporter of liquefied natural gas and the second-largest oil and natural gas producer in South East Asia. Support includes carrying out freight forwarding services, logistics management plus off-site and on-site warehouse operations.

 Kuehne + Nagel was appointed for its global network and its full suite of logistics services, comprising air, sea, overland and Logistics Control Centres in four strategic hubs. Its industry-leading technology such as the One Global System which offers customers precise and real-time visibility was another competitive edge, as it aligns with PETRONAS’ digitization strategy.

 Jens Drewes, President of Kuehne + Nagel South Asia Pacific, comments: “We are delighted to enter into collaboration with PETRONAS, the custodian of Malaysia’s petroleum resources. Our appointment as PETRONAS’ one-stop logistics partner is a significant milestone for Kuehne + Nagel. It is a testament of our strategy to offer technology-driven value chains to our customers and further strengthens our industry-leading position.”

PETRONAS’ drive towards a sustainable energy future is in line with Kuehne + Nagel’s mission to protect the environment through the application of advanced, environment-friendly technologies to ensure sustainability for future generations.

Kuehne + Nagel will utilise PETRONAS fuel, lubricant and petrochemical products when performing overland activities in Malaysia.