Lauritzen Bulkers Expands Global Reach with Acquisition of Canadian Breakbulk Operator Alexander & Blake

In a strategic move set to strengthen its global presence, Lauritzen Bulkers has acquired Canadian breakbulk and parcel shipping company, Alexander & Blake. This acquisition brings enhanced shipping expertise, valuable client relationships, and expanded service capabilities—key benefits for cargo operators worldwide, including Africa’s growing bulk handling sector.

What This Means for Global and African Trade

Alexander & Blake is a well-established Canadian shipping company specializing in breakbulk and parcel services, with strong trade connections in North and South America. Its expertise in handling diverse cargo types makes it a valuable addition to Lauritzen Bulkers’ global shipping portfolio.

Jacob Winthereik, Interim CEO and CFO of Lauritzen Bulkers, emphasized the significance of this acquisition:

“Following a thorough due diligence process, we are glad to announce the acquisition of Alexander & Blake. Their expertise in parcel services will strengthen Lauritzen Bulkers’ offerings worldwide.”

For African shippers and bulk handlers, this move could enhance connectivity between global trade hubs and create new opportunities for breakbulk cargo shipments, particularly for industries relying on flexible and efficient freight solutions.

Strengthening Parcel and Breakbulk Services

Lauritzen Bulkers plans to integrate Alexander & Blake’s operations under a new brand—Lauritzen Bulkers Parcel Service—while maintaining the Canadian company’s existing team, customer contracts, and operations.

Rasmus Francis Jensen, Vice President of Chartering & Parcel Services at Lauritzen Bulkers, highlighted the strategic fit:

“Over the past months, we’ve seen firsthand the expertise of the Alexander & Blake team. Their knowledge will add value to Lauritzen Bulkers’ global shipping services from day one.”

David Linden, Founder and CEO of Alexander & Blake, also sees strong alignment between the two companies:

“Joining Lauritzen Bulkers gives our customers access to more creative and competitive freight solutions. Our shared values and customer-focused approach make this an excellent match.”

A Stronger Shipping Network with Global Reach

With a 140-year legacy in global shipping, Lauritzen Bulkers operates from its headquarters in Copenhagen, Denmark, with offices in Singapore, Dubai, Hong Kong, Poland, and the USA, and representatives in Brazil and Australia. The company manages a daily fleet of 90-110 geared handysize and ultramax vessels, ensuring reliable and efficient cargo transportation across the world.

This expansion underscores Lauritzen Bulkers’ commitment to strengthening international logistics networks, a crucial development for African cargo operators seeking reliable breakbulk and parcel shipping services. As global trade routes evolve, this acquisition could pave the way for greater efficiency and new trade opportunities for African markets.

Leave a Reply

Your email address will not be published. Required fields are marked *