, Singapore

Strengthening end-to-end logistics solutions with new acquisition

Hayleys Advantis has further solidified its position in the Maldives with the addition of two new landing craft that will further expand the range of services offered by their subsidiary, Total Transport Solutions Maldives (TTS).

These landing craft will allow TTS to actively participate in discharging cargo midstream and make deliveries in shallow waters.

Chief operating officer of TTS, Arosha Fernando said: “As a nation that relies heavily on imports, the Maldives would benefit from a sophisticated integrated logistics provider like TTS and as we expand our capabilities it is the Maldives that will reap the benefits. The addition of these two new landing craft will also improve infrastructure development projects like the construction of resorts, thus helping the tourism industry grow.”

The two landing crafts are Malaysian built with a 500 ton and 325 ton cargo carrying capacity. Each has a steel hull and twin 350 horsepower engines. Ideal for shallow waters, these craft will give TTS access to islands with no proper jetties by allowing them to take cargo directly onto the beach thus removing a logistical hurdle that will vastly increase the options available to their customers.

“These new landing craft will also help us cater to a segment that requires shallow water deliveries which will further expand our end-to-end service portfolio. The acquisition of the new landing craft was driven in part by our vision that the economic future of the Maldives is closely tied to the prosperity of the logistics industry,” Fernando added.

TTS is a joint venture between Sri Lankan logistics giant Hayleys Advantis and Arowana Investment based in the Maldives.

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Hydration products gain traction in APAC
It was driven by increased awareness of health concerns like global warming and modern lifestyles.
Ingka Group unveils strengthened climate targets
It focuses on reducing GHG emissions, carbon removal and storage, and contributions beyond the value chain.
How can retailers improve customer value and operations
Businesses must adopt a unified commerce strategy to meet consumer demand for seamless transactions driven by technology.

Exclusives

AI prompts fearless dive into corporate reinvention
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Indonesia’s future of retail lies in a blended approach
Industry leaders discuss the innovative strategies to meet evolving consumer needs at Retail Asia Forum 2024