Germany’s SAL Heavy Lift and Jumbo Shipping, the Dutch maritime heavy-lift transport and installation contractor, have formed a commercial joint venture following approval from the German competition authority
The Jumbo-SAL alliance will combine the fleets and all commercial activities of both companies to one large joint sales organisation in the heavy-lift sector. Both companies believe the move will increase their geographical outreach and commercial capacity.
The joint venture will act as the single commercial entry point for its joint sales network of offices and agents in more than 20 countries. The venture will handle the marketing of 30 highly versatile project cargo vessels with lifting capacities up to 3,000 tonnes, marking it the largest fleet in the 800+ tonne sector.
“This joint venture is a big step for both of us. In the past few years, it became increasingly clear the benefits of collaboration heavily outweigh the traditional way of doing business. Our client base and interests have changed and to remain an effective global player in our field of activity, you always need to adapt and innovate. Not only on a technical level, but also commercially,” said Jumbo Shipping managing director Michael Kahn.
SAL Heavy Lift director chartering Jens Baumgarten said the collaboration answers the needs of big contractors and EPCs as well as manufacturers and forwarders. “On one side, we can handle regular or spot-market breakbulk cargoes. On the other, we have the experience and the assets to handle very large and long-term scopes, including arranging third-party tonnage or whatever is needed to make good on our ‘one-stop-shop’ promise.”
Both SAL and Jumbo continue as independent operators and vessel owners and both remain active brands in the market space.
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