TRANSOCEANIC LOGISTICS has its main office at Oklahoma City, United State; affiliated with FedEx, and having agencies in different countries such as UK, Turkey, South & North Korea, China, Japan, Australia, Germany, Netherlands, Spain, South Africa, and Lot's more. The TRANSOCEANIC LOGISTICS Group has about 1,650 employees. In the Sea transportation sector, the company has a large fleet where about 70% of the vessels are owned.
Business concept and strategy
The Company’s business concept is to offer European, North American and Asian industry
competitive, secure, reliable, flexible and long-term maritime transport services.
Through large transport volumes and long-term transport portfolios, TRANSOCEANIC
LOGISTICS
can optimise sailing patterns and achieve efficient operations and thus secure long-term
stable
earnings.
The Company’s strategy is to focus on growth and expansion in the European dry cargo
segment
by increasing the volume of long-term freight contracts, purchasing tonnage, acquiring
companies
or entering into alliances with other players.
The Company’s financial strategy is to keep focus on and control risk, as well as hedge
against
major fluctuations in general market conditions for TRANSOCEANIC LOGISTICS by aiming
for:
- A high contractual share of the total freight volume
- A reasonable balance between contract portfolio and freight capacity
- A balanced currency risk
- Reduced exposure to fluctuations in bunker prices
As a part of TRANSOCEANIC LOGISTICS's company culture, core values and ethical
guidelines
have been prepared and implemented. TRANSOCEANIC LOGISTICS’s core values are to be:
Trustworthy - Competitive - Safe