DHL establishes oil & energy centre in Singapore
DHL has established its eighth and largest DHL Center of Excellence for Oil and Energy in Singapore to serve the Asia Pacific region as it moves to meet what it says is surging demand from the Ã¢â€šÂ¬260 billion global oil and energy logistics industry. Staffed by more than 200 employees, the DHL Asia Pacific Oil […]
December 1, 2009
Staffed by more than 200 employees, the DHL Asia Pacific Oil and Energy Center of Excellence (COE) located in Changi South comprises of a comprehensive team of industry professionals who design and implement innovative and enhanced logistics solutions for oil and energy companies.
World energy demand by 2030 is expected to grow 74 per cent from 2005 levels, of which China alone is expected to account for 30 per cent of that growth, according to DHL. The industry is expected to attract an average of Ã¢â€šÂ¬600 billion a year in investments to reach Ã¢â€šÂ¬15 trillion in cumulated investments in the energy sector by 2030.
Ã¢â‚¬Å“The growing global demand for energy, and the exploration of alternative energy sources, presents key opportunities for logistics companies,Ã¢â‚¬Â said Hermann Ude, CEO, DHL Global Forwarding, Freight. Ã¢â‚¬Å“In the wind energy sector for example, the growing size and width of wind turbines present new logistics challenges. Transportation can add some 10-25 per cent to the cost of a turbine, as the parts may exceed capacity of regular transport modes. As the worldÃ¢â‚¬™s leading logistics company, DHL is well-positioned to develop new approaches and set new benchmarks in the industry,Ã¢â‚¬Â he added.