It sets up dedicated unit, BDP Project Logistics, to cater to such projects
Source: The Business Times
April 29, 2008
The burgeoning number of complex projects
in the energy and natural resources markets such as in the construction,
mining, power, oil, natural gas and chemical industries in remote
locations has encouraged BDP International, one of the largest
privately owned logistics firms, to set up a dedicated unit to
cater to such projects.
BDP Project Logistics, which has its global headquarters in Singapore,
currently has a staff of five here which is expected to triple
by year end.
It has a network of 75 staff in various key locations in Europe
and Latin America which serves clients in those regions.
The growing number of such jobs has caused BDP to change its stance
from just handling them on an ad hoc basis, as it had been doing
for the past 15 years, to making it a core business.
This will set it apart from its competitors like Schenker Logistics
and Panalpina, which are bigger but are not specialised in this
area.
The operations here have been running since the beginning of the
year, and Peter Huels, who heads BDP Project Logistics, expects
rapid growth of double its current annual revenue of about US$20
million every 18 months.
BDP intends to focus on three main areas of the chemical/petrochemical
industry, power/energy industry and the mining industry.
Projects it has been involved in include chemical plants in Guangzhou,
China; mining in Kalimantan, Indonesian Borneo, and possibly hydroelectric
projects in Laos down the track.
'BDP has a long-established reputation for doing the difficult
things well, that's why we have such a strong position in the
chemical and energy sectors,' said Mr Huels.
BDP Project Logistics will be in charge of project execution and
management but will outsource operational functions to its parent
BDP and its global network on a contractual project-by-project
basis.
Singapore was chosen as the site for BDP's global headquarters
because of its open economy, efficiency, good communications and
close proximity to many of the projects that are being developed.
By: Vincent Wee



