Blue Water signs agreement to expand in South Korea

Blue Water has strengthened its commitment to the Asian market with an acquisition to establish presence in South Korea. The official acquisition took place at the Korea - Denmark Offshore Wind Business Conference, where Blue Water officially signed the agreement to acquire the operations of Zodiac Solutions, a prominent South Korean logistics company headed by Raphael Park. Park will transition from his role as Managing Director of Zodiac Solutions to General Manager of Blue Water South Korea.

The official signing ceremony was attended by Lars Aagaard, Danish Minister for Climate, Energy and Utilities, and Jason Goh, Regional Director Asia at Blue Water. The agreement marks the formal establishment of Blue Water South Korea, with the completion of the acquisition of Zodiac Logistics set to be finalised on 1 May.

Thomas Bek, Blue Water's COO for Energy, Ports & Projects, expressed his enthusiasm for this strategic move: "We are delighted to announce this important step in our expansion plans. The acquisition of Zodiac Solutions brings expertise and a valuable network, particularly in the logistics of diverse industries such as Renewables, Mining, Oil, Gas & Industrial projects, General Cargo Sea & Air, Marine logistics and Defense logistics. We have had the pleasure of working with Zodiac Solutions as a local partner for many years.”

With a team of experienced and dedicated local logistics experts, Blue Water South Korea will offer a wide range of reliable and high-quality global logistics services with a strong focus on the renewable energy sector.

In addition, Blue Water is set to further expand its presence in Asia with the opening of an office in Japan later this year. This expansion aims to strengthen Blue Water's foothold in Asia and contribute to its global presence.