Latest news with #TobiasBartz
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Business Standard
06-05-2025
- Business
- Business Standard
Germany's Rhenus Group to run 100 barges on India's inland waterways
In what could be a major driver for India's underutilised inland waterways sector, one of Europe's largest riverine operators, Rhenus Group, has signed a memorandum of understanding (MoU) with the Ministry of Ports, Shipping and Waterways to operate 100 barges on Indian rivers. 'As part of the MoU, Rhenus will introduce 100 barges in a phased manner on national waterways, with 20 barges and six pushers to be deployed in the first phase, targeting the movement of more than one million tonnes of cargo annually by the end of 2025. The MoU will introduce inland waterways transport solutions and barge scheduled services. This will be scaled up to 100 barges within a few years to cover more national waterways under its ambit,' a statement by the shipping ministry said. The Group's Chief Executive Officer (CEO), Tobias Bartz, had told Business Standard in October 2024 that the company intended to invest at least $100 million in India's fledgling rivers for cargo operations — particularly project cargo. At the onset, Rhenus will operate on National Waterways 1 (Ganga), 2 (Brahmaputra) and 16 (Barak), as well as the Indo-Bangladesh Protocol (IBP) route. These operations will facilitate the movement of bulk and break-bulk cargo across North, East and Northeast India, with gradual expansion to other national waterways. 'Leveraging Rhenus' expertise in European inland navigation and a global fleet of over 1,100 barges, the partnership aims to integrate global best practices into the Indian IWT ecosystem. A combination of pushers and barges suited to low-draft navigation will be used to transport both bulk and break-bulk cargo,' the ministry said. Union Shipping Minister Sarbananda Sonowal said the ministry, through such initiatives, is focused on unlocking the full potential of inland water transport as a national growth engine powering the hinterland towards sustainable development and vigorous growth.
The Sun
24-04-2025
- Business
- The Sun
Rhenus Group Strengthens LATAM Region as Blu Logistics Rebrands to Rhenus Logistics
MUMBAI, INDIA - Media OutReach Newswire - 24 April 2025 - The Rhenus Group, a global logistics solutions provider, has announced the official rebranding of Blu Logistics LATAM to Rhenus Logistics, following its acquisition in 2023. The rebranding will enhance the Group's footprint and operational integration across Latin America, as BLU Logistics LATAM will now commercially operate under the Rhenus Logistics name in Argentina, Colombia, Ecuador, Mexico, Paraguay, and Uruguay. This transition complements and strengthens Rhenus existing operations in Argentina, Brazil, Chile, Colombia, and Mexico, while further expanding its service portfolio with a focus on Air & Ocean and warehousing solutions. The unified brand identity of the two family-owned companies will offer customers greater consistency, connectivity and access to the Groups global standards, capabilities, and service portfolio. Rhenus' expertise in supporting the India-LATAM trade lane will also play a pivotal role in this milestone. The rebrand comes amid a period of significant growth across the region. In 2024, the combined operations of Rhenus Logistics LATAM and BLU Logistics LATAM handled over 210,000 TEUs in full container load (FCL) shipments, a 16.67% increase compared to the 180,000 TEUs managed by BLU Logistics LATAM alone in 2023. As a result of its strong positioning and ranking in ocean freight, particularly on the Far East Asia to LATAM trade lane, Rhenus Logistics is recognized as a leading freight forwarder in the region. To continue supporting customer and market demands, the company has expanded its regional footprint with new office openings. Most recently, in March, Rhenus Brazil inaugurated a new branch in Belo Horizonte, strengthening its presence in key logistics hubs throughout the country. LATAM's growing relevance in global trade is evident through increasing cargo volumes from Asia, India, Europe, and the United States. 'For the Rhenus Group, this rebranding marks a new era in Latin America and reinforces our long-term commitment to the region,' said Tobias Bartz, CEO of the Rhenus Group. 'It reflects both our local success and our global ambition. We've seen remarkable growth and continue to identify strong opportunities across the region. This rebranding connects the shared identity of two family-owned companies unifying as one. It strengthens our footprint in Latin America and offers our customers greater efficiency, visibility, and the opportunity to grow their business with us, now fully integrated into our global network, portfolio of services and capabilities.' As India strengthens its role as a global manufacturing and export hub, and Latin America continues to thrive as a source of agriculture, energy and raw materials, trade potential between the regions is accelerating. The India–Latin America trade lane is evolving rapidly, driven by growing demand and sectoral synergies, highlighting the strategic relevance of the company's expanded presence in Latin America to support key trade flows with India. 'The ongoing collaboration through BRICS — with Brazil and India cooperating — and several free trade agreements between India and various Latin American countries are playing a pivotal role in strengthening this partnership,' said Bhaswar Arya, Joint Managing Director of Rhenus India. 'These frameworks are enhancing bilateral engagement, easing market access and creating fertile ground for deeper economic cooperation. We see immense potential across diverse sectors such as pharmaceuticals, automotive, agro-commodities, textiles and technology. Moreover, improved ocean and air connectivity, alongside policy-driven efforts from both regions, is accelerating the momentum of trade.' With deep roots in both regions and a growing network of integrated services, Rhenus is uniquely positioned to support customers across key India–Latin America trade corridors. As the company continues to expand its global footprint, it remains focused on delivering efficient, customer-centric solutions that unlock new value and drive long-term growth across continents.
Zawya
24-04-2025
- Business
- Zawya
Rhenus Group Strengthens LATAM Region as Blu Logistics Rebrands to Rhenus Logistics
MUMBAI, INDIA - Media OutReach Newswire - 24 April 2025 - The Rhenus Group, a global logistics solutions provider, has announced the official rebranding of Blu Logistics LATAM to Rhenus Logistics, following its acquisition in 2023. The rebranding will enhance the Group's footprint and operational integration across Latin America, as BLU Logistics LATAM will now commercially operate under the Rhenus Logistics name in Argentina, Colombia, Ecuador, Mexico, Paraguay, and Uruguay. This transition complements and strengthens Rhenus existing operations in Argentina, Brazil, Chile, Colombia, and Mexico, while further expanding its service portfolio with a focus on Air & Ocean and warehousing solutions. The unified brand identity of the two family-owned companies will offer customers greater consistency, connectivity and access to the Groups global standards, capabilities, and service portfolio. Rhenus' expertise in supporting the India-LATAM trade lane will also play a pivotal role in this milestone. The rebrand comes amid a period of significant growth across the region. In 2024, the combined operations of Rhenus Logistics LATAM and BLU Logistics LATAM handled over 210,000 TEUs in full container load (FCL) shipments, a 16.67% increase compared to the 180,000 TEUs managed by BLU Logistics LATAM alone in 2023. As a result of its strong positioning and ranking in ocean freight, particularly on the Far East Asia to LATAM trade lane, Rhenus Logistics is recognized as a leading freight forwarder in the region. To continue supporting customer and market demands, the company has expanded its regional footprint with new office openings. Most recently, in March, Rhenus Brazil inaugurated a new branch in Belo Horizonte, strengthening its presence in key logistics hubs throughout the country. LATAM's growing relevance in global trade is evident through increasing cargo volumes from Asia, India, Europe, and the United States. "For the Rhenus Group, this rebranding marks a new era in Latin America and reinforces our long-term commitment to the region," said Tobias Bartz, CEO of the Rhenus Group. "It reflects both our local success and our global ambition. We've seen remarkable growth and continue to identify strong opportunities across the region. This rebranding connects the shared identity of two family-owned companies unifying as one. It strengthens our footprint in Latin America and offers our customers greater efficiency, visibility, and the opportunity to grow their business with us, now fully integrated into our global network, portfolio of services and capabilities." As India strengthens its role as a global manufacturing and export hub, and Latin America continues to thrive as a source of agriculture, energy and raw materials, trade potential between the regions is accelerating. The India–Latin America trade lane is evolving rapidly, driven by growing demand and sectoral synergies, highlighting the strategic relevance of the company's expanded presence in Latin America to support key trade flows with India. "The ongoing collaboration through BRICS — with Brazil and India cooperating — and several free trade agreements between India and various Latin American countries are playing a pivotal role in strengthening this partnership," said Bhaswar Arya, Joint Managing Director of Rhenus India. "These frameworks are enhancing bilateral engagement, easing market access and creating fertile ground for deeper economic cooperation. We see immense potential across diverse sectors such as pharmaceuticals, automotive, agro-commodities, textiles and technology. Moreover, improved ocean and air connectivity, alongside policy-driven efforts from both regions, is accelerating the momentum of trade." With deep roots in both regions and a growing network of integrated services, Rhenus is uniquely positioned to support customers across key India–Latin America trade corridors. As the company continues to expand its global footprint, it remains focused on delivering efficient, customer-centric solutions that unlock new value and drive long-term growth across continents. Hashtag: #Rhenus The issuer is solely responsible for the content of this announcement. About Rhenus The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 8.2 billion. 41,000 employees work at 1,330 business sites in more than 70 countries and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times. Rhenus
Malay Mail
24-04-2025
- Business
- Malay Mail
Rhenus Group Strengthens LATAM Region as Blu Logistics Rebrands to Rhenus Logistics
MUMBAI, INDIA - Media OutReach Newswire - 24 April 2025 - The Rhenus Group, a global logistics solutions provider, has announced the official rebranding of Blu Logistics LATAM to Rhenus Logistics, following its acquisition in 2023. The rebranding will enhance the Group's footprint and operational integration across Latin America, as BLU Logistics LATAM will now commercially operate under the Rhenus Logistics name in Argentina, Colombia, Ecuador, Mexico, Paraguay, and Uruguay. This transition complements and strengthens Rhenus existing operations in Argentina, Brazil, Chile, Colombia, and Mexico, while further expanding its service portfolio with a focus on Air & Ocean and warehousing solutions. The unified brand identity of the two family-owned companies will offer customers greater consistency, connectivity and access to the Groups global standards, capabilities, and service portfolio. Rhenus' expertise in supporting the India-LATAM trade lane will also play a pivotal role in this rebrand comes amid a period of significant growth across the region. In 2024, the combined operations of Rhenus Logistics LATAM and BLU Logistics LATAM handled over 210,000 TEUs in full container load (FCL) shipments, a 16.67% increase compared to the 180,000 TEUs managed by BLU Logistics LATAM alone in 2023. As a result of its strong positioning and ranking in ocean freight, particularly on the Far East Asia to LATAM trade lane, Rhenus Logistics is recognized as a leading freight forwarder in the region. To continue supporting customer and market demands, the company has expanded its regional footprint with new office openings. Most recently, in March, Rhenus Brazil inaugurated a new branch in Belo Horizonte, strengthening its presence in key logistics hubs throughout the country. LATAM's growing relevance in global trade is evident through increasing cargo volumes from Asia, India, Europe, and the United States."For the Rhenus Group, this rebranding marks a new era in Latin America and reinforces our long-term commitment to the region," said Tobias Bartz, CEO of the Rhenus Group. "It reflects both our local success and our global ambition. We've seen remarkable growth and continue to identify strong opportunities across the region. This rebranding connects the shared identity of two family-owned companies unifying as one. It strengthens our footprint in Latin America and offers our customers greater efficiency, visibility, and the opportunity to grow their business with us, now fully integrated into our global network, portfolio of services and capabilities."As India strengthens its role as a global manufacturing and export hub, and Latin America continues to thrive as a source of agriculture, energy and raw materials, trade potential between the regions is accelerating. The India–Latin America trade lane is evolving rapidly, driven by growing demand and sectoral synergies, highlighting the strategic relevance of the company's expanded presence in Latin America to support key trade flows with India."The ongoing collaboration through BRICS — with Brazil and India cooperating — and several free trade agreements between India and various Latin American countries are playing a pivotal role in strengthening this partnership," said Bhaswar Arya, Joint Managing Director of Rhenus India. "These frameworks are enhancing bilateral engagement, easing market access and creating fertile ground for deeper economic cooperation. We see immense potential across diverse sectors such as pharmaceuticals, automotive, agro-commodities, textiles and technology. Moreover, improved ocean and air connectivity, alongside policy-driven efforts from both regions, is accelerating the momentum of trade."With deep roots in both regions and a growing network of integrated services, Rhenus is uniquely positioned to support customers across key India–Latin America trade corridors. As the company continues to expand its global footprint, it remains focused on delivering efficient, customer-centric solutions that unlock new value and drive long-term growth across #Rhenus The issuer is solely responsible for the content of this announcement. About Rhenus The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 8.2 billion. 41,000 employees work at 1,330 business sites in more than 70 countries and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.
