The importance of Brazil in the shipping and oil & gas sector has prompted the GAC Group to establish its latest port agency operation and coordination office in Rio de Janeiro
GAC Brazil's team will liaise with a network of approved sub-agents to offer a range of port agency and husbandry services, crew changes, medical assistance and provisions at all major Brazilian ports
"We operate in a world where clients want more integrated service packages and the savings that comes out of it," said GAC Brazil managing director Rodrigo De Marco
GAC Brazil also meets the needs of the booming energy sector for mobilisation, demobilisation, offshore support and crew transfers, as well as sectors like dry bulk, general cargo, tankers and ro/ro
Furthermore, the company's designated ships spares logistics department provides nationwide coverage for door-to-deck delivery of parts
These services are complemented by GAC's full range of logistics services, including air, sea, road, ship spares and project cargo logistics, customs clearance and bonded warehousing
Fred Green, President and Chief Executive Officer, departing after 34 years of service.
The Group delivered a profit of USD 1.2bn (USD 1.2bn) and a return on invested capital (ROIC) of 10.0% (11.7%) for Q1.
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