ANL Singapore — part of CMA CGM — and Agility, a logistics provider, will launch a new joint venture, ANL Agencies PNG Ltd., in Papua New Guinea on July 1, 2013.
“The establishment of ANL Agencies PNG Ltd will allow both companies to take advantage of significant synergies for both companies and our respective clients”, said John Lines, ANL’s CEO, in a written statement. “The joint venture will enable both companies continued growth in the PNG market and importantly offer a premium service to our customers.”
Agility CEO Mick Turnbull added, “Agility and ANL have had long and successful business relationships in many locations. The opportunity to work together in a partnership with ANL in PNG demonstrates our commitment to the region. This joint venture further strengthens Agility’s position as the major provider of logistics and project services in PNG.”
The joint venture company will primarily handle ANL’s shipping agency business throughout Papua New Guinea. Previously the ANL agency functions had been handled by Pacific Shipping Agency, which was 100% owned and operated by Agility.