The Gothenburg-based Swedish Orient Line (SOL) has increased its shareholding in Scandinavian Logistics Partners (Scanlog) from 20% to over 50%.
"We're aware of the fact that a number of our customers want logistics suppliers who have the ability and the skills to deliver door-to-door logistics services. We've not been selling that service because we focus on quay to quay, but now we're looking forward to the opportunity of also assisting our customers with requests for multimodal transports via Scanlog," Michael Kjellberg, Chairman of the Board, SOL, explained.
Mathias Wideroth, Chairman of the Board and Founder, Scanlog, added, "With SOL, Scanlog gets a strong majority shareholder who can help us continue our rapid growth. SOL taking this step shows that they believe in us, and we see that as a mark of quality."
SOL has underlined in its press release that the two will put sustainability at the core of their partnership. Scanlog is already offsetting carbon emissions of air freight for its customers free of charge, while SOL has teamed up will Wallenius to start up WALLENIUS SOL which as of 2021 will operate a fleet of LNG-powered ro-ros, said to axe fuel consumption and greenhouse gas emissions by 50% and 60%, respectively, per transported unit (when compared to the vessels the company operates now).