Kuehne + Nagel wins three year contract from Petronas

Kuehne + Nagel has been awarded a three year logistics and supply chain contract with Malaysia’s 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 on 13th July in Kuala Lumpur City, Malaysia.

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 full suite of logistics services in its four strategic hubs. Kuehne + Nagel’s technology such as the One Global System which offers customers real-time visibility was another competitive edge, as it aligns with Petronas’ digitization strategy.

Jens Drewes, President of Kuehne + Nagel South Asia Pacific, comments: “It is a testament of our strategy to offer technology-driven value chains to our customers and further strengthens our industry-leading position.”

Source: Kuehne + Nagel