Summary of FlexDELIVERY™ Launch in Africa
P&O Maritime Logistics has partnered with Nigerian-based IO Materials Services (IOMS) to introduce a groundbreaking logistics service called FlexDELIVERY™ in the offshore energy sector of Nigeria. Launched on September 4, 2021, this innovative model aims to transform traditional cargo delivery approaches within the energy industry by emphasizing cargo delivery rather than the assets used for transport.
FlexDELIVERY™ addresses significant challenges facing the offshore supply chain in Nigeria, such as high operational costs and inefficiencies arising from outdated manual processes. The service promises to cut delivery times, enhance visibility, and improve supply chain predictability— crucial elements for energy producers aiming to optimize their operations. Utilizing technology-driven solutions, the FlexDELIVERY™ model employs Big Data and AI to provide real-time insights on cargo movements and delivery schedules through an online booking platform.
The service helps to mitigate structural oversupply in the energy sector, ultimately lowering operational costs and capital expenditures for companies in the industry. By transitioning to this innovative system, energy producers can save between 20-30% on transport costs, consume 20-30% less fuel, and reduce the distances traveled by 40-50% compared to traditional time-chartered supply contracts.
Martin Helweg, CEO of P&O Maritime Logistics, emphasized the potential of FlexDELIVERY™ to bring much-needed efficiency and value to the Nigerian offshore supply market. Christian Arndt, VP Logistics, expressed optimism about the service’s ability to yield cost savings while allowing operators to concentrate on their core business activities, thus enhancing productivity.
IOMS will contribute local expertise and logistics support to FlexDELIVERY™, reinforcing the service’s overarching goal of making the offshore energy supply chain more efficient. Matteo Volpi, CEO of IOMS, highlighted the collaboration’s mutual benefits, indicating that their extensive local network will complement P&O’s innovative offerings.
Overall, the introduction of FlexDELIVERY™ marks a significant shift in the offshore energy logistics landscape in Nigeria, promising to not only enhance operational efficiency but also contribute to environmental sustainability through reduced carbon emissions.
For further inquiries regarding FlexDELIVERY™, interested parties are encouraged to reach out via the provided contact for detailed information on subscription and service offerings.
