May 17, 2020

Kuehne + Nagel provides logistics for Saharan gas facility

Freddie Pierce
1 min
Kuehne + Nagel is working with SNC-Lavalin

The contract is for SNC-Lavalins 785 million euro project with Algerias national oil and gas company, Sonatrach.

Sonatrachs gas treatment complex is b...

The contract is for SNC-Lavalin’s 785 million euro project with Algeria’s national oil and gas company, Sonatrach.

Sonatrach’s gas treatment complex is being built in Rhourde Nouss in the Sahara desert, approximately 1,200 kilometers to the Southeast of Algiers, to collect raw gas at different gas fields and includes a natural gas processing facility.

The project is expected to be completed in early 2012.

The agreement will see Kuehne + Nagel provide SNC-Lavalin with the complete logistics services for the construction material and equipment in connection with the project, originating from different locations in Europe, Asia and North America.

Kuehne + Nagel is delivering the services in cooperation with its Tunisian partner S.M.T.I. – Transport & Logistics, which is a leading contractor for project services and heavy haulage operations in the Maghreb region.

Nils Wolf, Senior Vice President for Global Project Logistics at Kuehne + Nagel, said: “The signing of this contract is a further milestone in our strategy to expand our integrated logistics services for the global oil and gas industry.

“On the basis of our complex and fine-meshed global logistics network and our state-of-the art IT solutions we will combine our in-depth forwarding know-how and our long-standing experience in this specific industry to con¬tribute to the success of SNC-Lavalin in Algeria,” added Wolf.

Edited by Chris Farnell


Share article

Jul 26, 2021

Tradeshift: Pioneering eProcurement and Digital Trade

2 min
Payments, procurement and supply chain digitalisation specialist Tradeshift just passed $1 trillion in transactions across its platforms

Tradeshift helps transportation and logistics organisations digitally transform their processes. The company offers a suite of services, including spend management, accounts payable and invoice automation, eprocurement, and supplier collaboration through a dedicated B2B supply chain marketplace of more than one million businesses. 

As disruption and digitisation continue to accelerate, demand for Tradeshift’s solutions has grown dramatically. The company recently announced the signing of 20 new global enterprise customers since the beginning of its financial year on 1 February, while the number of active businesses transacting on the Tradeshift platform rise by 52 per cent year on year. 

Tradeshift Chief Revenue Officer Christope Bodin expects that growth trajectory to continue, as the economy begins to fully reopen and the world works towards recovering from the pandemic. “We are well positioned to support the wholesale digitalisation of business processes,” Bodin said. “For organisations looking to grow in a post-COVID economy, this is fast becoming an organisational standard.”

Tradeshift in Brief

  • HQ: San Francisco, USA
  • Employees: 800 located in offices in 13 countries 
  • Customers: 500+ in 190+ countries 
  • Total on-platform transaction value: $1tn 
  • Platform: 1.5m companies connected

Key Tradeshift customers: Volvo, Kuehne+Nagel, DHL, Air France-KLM Group

Tradeshift: From $1 to $1 trillion 

Tradeshift was co-founded in 2010 by long-time partners: CEO Christian Lanng; Mikkel Hippe Brun, the company’s SVP APAC; and Gert Sylvest, VP Network Products. 

The company was established with a mission to “connect every company in the world, digitally,” according to Lanng, and followed the trio's earlier product EasyTrade, a pioneering open-source trade platform. 

In July 2021, just over a decade since launch, Tradeshift announced passing a new milestone: the cumulative value of transactions processed across its platform passed the $1 trillion threshold. To put that in perspective, Tradeshift said it took two years to reach the $1bn milestone. 

Commenting on Tradeshift’s current and future standing, chief executive Christian Lanng said: “We’ve helped a lot of businesses to stay operational and get paid during an extremely volatile period. Every time a business joins our platform it unlocks a whole ecosystem of relationships that we can help to digitise. This sets us apart from the majority of enterprise software providers who remain preoccupied with building connections one at a time.” 

Share article