Rhenus Group is continuing to consolidate its Asian network by opening up in South Korea, with an office in Seoul, starting operations at the beginning of November.
It is founding a national company called Rhenus Logistics Korea, organising sea and airfreight operations, third-party logistics and domestic transport services.
Rhenus Group says it is aiming to establish itself as a partner for transporting, handling and storing raw materials, semi-finished products and industrial and consumer goods in the South Korean market.
Rhenus Management Board member responsible for the Asian business, Tobias Bartz says: “Seoul forms the centre of South Korea and is the focal point of the Sudogwon metropolitan district. More than 25 million people live there and this accounts for half of the population of the country; it therefore provides an excellent starting point for our range of logistics solutions.”
Much of the country’s trade takes place with Europe but the new company will also focus on transport between Asian countries. Rhenus says South Korea provides excellent conditions for air and sea freight services, and Seoul’s Incheon International Airport is one of the largest in Asia.