“It will allow us to focus on the key strategic markets of the future, where we will continue to invest in our organisation and further develop our longer-distance trades where we deliver the most value to our customers.
“At the same time, selling the UK and Ireland trades to a strong partner will secure the continuation of this trade and guarantee a high coverage for our customers in the respective markets.”
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Logistics assets transfer details
According to Samskip, this is a strategic transaction and the company maintains confidence that the handover secures high service levels and continuity for UKI-trade customers. Moreover, the move could provide more focus on emerging parts of the business and ensure the delivery of sustainable operations.
By handing over its UKI trade, Samskip will be able to focus more on its long-distance multimodal network. This spans across mainland Europe, the Baltics, the Nordics and North Africa. As sustainability remains a significant part of the company strategy, Samskip views this move as playing a positive role in the decarbonisation of customer supply chains.
The transaction covers container shipping services between the Dutch port of Rotterdam and the UK ports of Belfast, Blyth, Grangemouth, Hull and Tilbury. It also covers the Irish ports of Cork, Dublin and Waterford.
These routes undertake more than 1,000 port calls every year and transport cargo for a range of customers including blue chip consumer goods manufacturers.
The agreement also includes the transferring of lease agreements for more than 5,000 multimodal cargo units. This inventory includes refrigerated containers, 40ft high-cube refrigerated containers, 40 and 45ft flat racks, curtain-side containers and 45ft pallet-wide containers.
