Danish shipping company Maersk Line signed 3-year letter of intent with the Russian aluminium producer Rusal for long-term cooperation in transportation of aluminium. The estimated volume of traffic is up to 10,000 TEU per year, which will support the export of the Russian company to its customers, reducing logistics costs and optimizing the process. The agreement between the two companies is valid for three years with the possibility of further extension. It will provide preferential prices for transportation of Rusal’s containers, as well as guaranteed quota for more flexible bulk logistics.
“Under the agreement Rusal and Maersk Line signed 3-year letter of intent on long-term cooperation in the field of maritime transport. Transportation of cargo, mainly of aluminum and its alloys, will be served by container fleet and ships of Maersk”, says the press release of the Russian aluminium producer Rusal.
“The purpose of the agreement is a confirmation of the mutual intentions to build a long-term strategic partnership between RUSAL and Maersk Line. The aim of the agreement is the joint search for the most optimal logistic solutions aimed at optimizing costs for both parties”, said the General Director of Rusal, Vladislav Soloviev.
The Russian producer Rusal is global leader is aluminum industry, as its products are exported to customers in 70 countries. The
Maersk Line is the largest container carrier in the world with fleet of 605 ships, serving more than 130 countries in the world. The company is seriously hurt by the overcapacity of the sector and delay of Asian economy, but looking for new markets in Russia. The company already signed several agreements with Russian companies for containers transportation, which is signal for improving its relations with the local business.