Panalpina signs BP contract

PANALPINA has signed a multi-year, multimodal forwarding supply chain contract with British Petroleum (BP).

Panalpina will provide solutions to ship oil and gas parts via air, sea, road and rail.

“The agreement with BP is great news for Panalpina. We’ve gone through tough times in oil and gas in the past years,” Panalpina chief executive office Monika Ribar says.

Panalpina has worked with the oil and gas industry for more than four decades, traditionally with a focus on servicing the highly demanding upstream part of the business,” Frank Bichowski, global head of industry vertical oil and gas at Panalpina, comments.

The forwarder has been negotiating with BP for nine months from the first talks through to the request for information and tender process to the signing of the contract.

“I am very proud of our organisation and our dedicated people across the globe that made this possible. The agreement is of paramount importance for Panalpina and a major milestone in reaching our goals for 2014,” Ribar adds.

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