- Deep understanding of Shelf Drilling’s operations is a key differentiator in CEVA's ability to design, engineer, deploy and consistently deliver logistics services
- 24/7 response capability across Shelf Drilling global network
Baar, Switzerland, 3 July 2019 – CEVA Logistics has announced a two-year extension to its contract with Shelf Drilling through to March 2021. The Dubai-headquartered shallow water drilling services specialist has been working with CEVA since its inception in 2012.
Shelf Drilling is a geographically diversified market leader with operations in four key regions – South East Asia, India, West Africa and MENAM (Middle East, North Africa and Mediterranean) and focuses on building strong, long-term relationships with its customers and suppliers.
As an integral part of Shelf Drilling’s supply chain CEVA provides logistics support to the customer's hubs located in Houston, Aberdeen, Singapore and Dubai, where it facilitates exports and imports which feed a continuous flow of re-supplies and project cargo.
Key highlights to this new agreement were CEVA's value proposition, consistency in managing Shelf Drilling's operational needs and CEVA's ability to react and support during emergencies and out of hours.
“We are delighted to have retained our business with Shelf Drilling for next two years which now covers a complete 3PL End to End solution," says Marcelo Franceschetti, Executive Vice President – Global Energy Sector at CEVA Logistics.
"Thanks to our team’s constant focus on operations and ability to meet the customer's expectations we have proven our capabilities in this demanding market time and again. We will continue to build on our strengths and expertise in the energy sector, and this additional business is proof of our capabilities in this market.”
For additional information please contact:
SVP Investor Relations
+41 41 547 0048
Chief Communications Officer
+33 41 365 0718
Tel: +44 (0)208 941 5381
CEVA - Making business flow
CEVA Logistics, a global asset-light third-party logistics company, designs and operates industry leading supply-chain solutions for large and medium-size national and multinational companies. Its integrated network in Freight Management and Contract Logistics spans more than 160 countries. Approximately 58,000 employees are dedicated to delivering effective solutions across a variety of industry sectors where CEVA applies its operational expertise to provide best-in-class services. CEVA generated revenue of USD 7.4 billion and adjusted EBITDA of USD 260 million in 2018. CEVA Logistics is listed on SIX Swiss Exchange under ticker symbol CEVA. For more information, please visit www.cevalogistics.com.