Staffed by more than 200 employees, the DHL Asia Pacific Oil and Energy Center of Excellence (COE) located in Changi South comprises of a comprehensive team of industry professionals who design and implement innovative and enhanced logistics solutions for oil and energy companies.
World energy demand by 2030 is expected to grow 74 per cent from 2005 levels, of which China alone is expected to account for 30 per cent of that growth, according to DHL. The industry is expected to attract an average of €600 billion a year in investments to reach €15 trillion in cumulated investments in the energy sector by 2030.
“The growing global demand for energy, and the exploration of alternative energy sources, presents key opportunities for logistics companies,†said Hermann Ude, CEO, DHL Global Forwarding, Freight. “In the wind energy sector for example, the growing size and width of wind turbines present new logistics challenges. Transportation can add some 10-25 per cent to the cost of a turbine, as the parts may exceed capacity of regular transport modes. As the world’s leading logistics company, DHL is well-positioned to develop new approaches and set new benchmarks in the industry,†he added.
The oil and energy industry poses numerous logistics challenges. These include a broad diversity of cargo that differs in dimension, weight and type of commodity; a complex customs environment; remote locations for most manufacturing sites; compliance to high quality, health, safety and environment standards; and a high cost impact in the event of delays in the supply chain.
