Press release: Global Transport Solutions (GTS Group) acquires WML AS (World Marine Logistics)
Marinetrans´s parent company, Global Transport Solutions, a logistics service provider specialized in marine- and time-critical logistics, has acquired WML AS, a time-critical logistics specialist focused on offshore- and specialized oil & gas market segments.
Vegard Prytz, co-CEO of GTS, commented on the transaction: “WML has profound expertise in highly specialized and demanding areas of the marine logistics market, such as FPSOs and other complex offshore operations. The company’s local and international knowledge in this segment is unique in the market and a highly valuable addition to our group. WML has a fantastic team in place that goes the extra mile for its clients every day, which fits perfectly into the GTS culture. ”
By joining forces, WML gains access to an international 3PL network (Best Global Logistics) along with our 4PL Network (Marinetrans) and can leverage on GTS’ strong IT infrastructure. As part of GTS, WML will be able to accelerate its focus on excellent customer service and operations. Erik Staubo, Managing Director of WML: “At WML, we are thrilled to become part of a larger group that shares the same values and that has a strong foothold in the maritime industry. With this partnership, we will be able to improve our customer service levels by tapping into a wealth of industry knowledge, IT resources and an international logistics infrastructure”
Most importantly, the acquisition will enable GTS and WML to provide an even more streamlined and high-quality service to their clients – by leveraging on each other’s industry knowledge and organizations. WML and GTS will also work together to further grow their international offshore client base and to expand their business into other key geographies for this market. Joining forces with WML fits with GTS’ strategy of solidifying its presence in every niche within marine logistics.
Global Transport Solutions is the holding company of Marinetrans and Best Global Logistics, offering specialized 4PL and 3PL international time-critical logistics with geographical presence on all continents, mainly focused on marine spare parts and other time-critical and complex logistics.
Marinetrans is the world’s largest fourth-party logistics (4PL) service provider specialized in forwarding and logistics of marine spare parts. The company is headquartered in Singapore and has eight additional offices around the globe. Through a network of dedicated partners, Marinetrans offers services in 22 warehouses and 2,000 ports worldwide.
Best Global Logistics is an independent third-party logistics (3PL) service provider, specialized in time- critical and project logistics. The company operates bonded and free-zone warehouses located in the Netherlands, United Arab Emirates, China, Singapore and Norway. BGL has a strong foothold in the maritime industry, while also serving a range of other industries.