S5 Agency World expands strategically to become world’s leading “Port Services Company”
Following the acquisition of the agency activities of the Royal Burger Group and Jardine, First Dutch has now acquired the S5 Agency World (S5) shares of Marmedsa Noatum Maritime and Kanoo Shipping, becoming the sole shareholder of S5 and enabling it to continue its strategic expansion in the global shipping industry.
Based on a rich history, S5 has always challenged the status quo in the shipping industry when it was founded back in 2004 and is continuing that today. Since its founding, S5 has grown steadily into an organisation operating from a global network of offices that covers all major ports around the world.
Commenting on the acquisition, Marinus ter Laak, CEO of S5 said: “This is an important step in our growth strategy. This acquisition will enable us to accelerate our ambition to become the world’s leading Port Services Company.
“Supported by strong operational partners with a prominent status in the shipping world, S5 will move forward as one integrated company able to act decisively, swiftly and agilely. These acquisitions will further strengthen our global footprint and will enable us to accelerate the roll-out of our Global Vision to become the number one player in our industry.
“With these acquisitions S5 will continue to grow its already strong position in the shipping industry with focus on charterers’ and owners’ services. For our valued customers and partners, this will provide even more opportunities to leverage the S5 team and it’s services.”
S5 has its global headquarters in London, UK, with key supporting hubs in the important maritime ports of Rotterdam and Singapore.
S5’s experienced team is working day and night to create innovative solutions to make S5 the service provider that today’s shipping industry needs, and deliver the added value that gives S5 customers an edge over their competitors – ultimately marrying knowledge and experience with an innovative mindset that meets the demands of an industry in transition.
Source: S5 Agency