Jumbo and SAL aim to form joint venture

SAL, the German-based breakbulk and project cargo specialist, and Jumbo, the Dutch maritime heavy lift transport and installation contractor, have announced their intention to form a joint venture. The Jumbo-SAL-Alliance would be focused on gaining logistical efficiencies, such as joint fleet operations, and benefits for its customers, such as increased flexibility and offering customers worldwide a carefree logistics solution for both breakbulk and outsized cargoes. The joint venture is subject to clearance by the German competition authority (‘Bundeskartellamt’) and Dutch in-company legal requirements. With the aim of obtaining formal approval, both companies have started the necessary procedures.