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This is another blow for DSV, which signed a three-year contract with Vestas in January 2020, making the freight forwarder the company`s exclusive logistics partner. Vestas Kristian Holmelund Jakobsen, Communication Specialist Tel: +45 5221 1467 Mail: For current Vestas photos and videos, please visit our media images page at: DSV Panalpina has signed a strategic partnership agreement with wind turbine manufacturer Vestas. DSV Panalpina has signed an important logistics contract with Vestas for the implementation and management of general freight transport and special projects. The partnership aims to simplify Vestas` global transport structure and help the company grow its business efficiently, according to DSV Panalpina. We invite you to learn more about Vestas by visiting our website at and following us on our social media channels: For DSV, the deal significantly increases the portfolio. As one of the world`s largest wind turbine manufacturers, Vestas records approximately 500,000 incoming shipments per year and uses more than 900 vessels per year. The agreement with Vestas is not expected to have a significant impact on DSV Panalpina`s operating profit or cash flow in 2020. The agreement also includes a mutual commitment to reduce and eliminate carbon dioxide (CO2) emissions from transport and logistics, in line with Vestas` previously announced commitment to become a carbon neutral company by 2030. The two companies are now limiting the scope of the major transport contract signed at the beginning of last year. DSV CEO Panalpina refuses to comment on the economic importance, which also dispels the idea that one of the parties was dissatisfied with the cooperation. In January 2020, the logistics group DSV Panalpina and the wind equipment manufacturer Vestas signed a major contract, a strategic partnership, the first being under contract for all general freight for the projects of the second for a period of three years.

Tommy Rahbek Nielsen, Chief Operating Officer of Vestas, said: “The demand for sustainable energy is stronger than ever and in the face of an increasingly challenging business environment, we are delighted to be working with Maersk in container transport. By partnering with Maersk, we can further accelerate the deployment of wind energy and protect profitability while working together to develop solutions that can make our supply chain more sustainable. We want to create a sustainable, resilient and predictable supply chain and, by partnering with a global leader like Maersk, we are strengthening our supply chain, our transportation partnership and creating opportunities to improve sustainability. Our reach is global, but our presence is local and close to our customers. 60,000 employees in more than 90 countries are passionate about delivering exceptional customer experiences and quality service. “We are very pleased to partner with DSV Panalpina to meet the growing demand for our sustainable energy solutions,” said Henrik Andersen, President and CEO of Vestas Group. “Combined with the growing size of wind turbines, the global demand for wind energy makes logistics and transportation challenging, so we need to scale our business efficiently. The partnership with DSV Panalpina is an excellent example of our intention to enter into further close and mutually beneficial partnerships throughout our value chain and to improve our operational reach as well as our sustainability efficiency and performance. About A.P.

Moller – Maersk A.P. Moller – Maersk is an integrated container logistics company that strives to connect and simplify its customers` supply chains. As the world`s leading provider of shipping services, the company operates in 130 countries and employs approximately 85,000 people. Combining Vestas` volume and knowledge with DSV Panalpina`s broader logistics expertise and size is expected to generate economies of scale and efficiency gains for both companies. As turbine components continue to expand and wind farms are increasingly built in remote locations, these economies of scale are important for Vestas to remain prosperous and competitive in the growing wind energy market. Executive Vice President, IR, Corporate Marketing & Communication, DSV Panalpina As part of the successful maneuvers in this challenging environment, we are pleased to announce that Vestas and Maersk have entered into a long-term strategic partnership for all container transport. The partnership includes door-to-door transportation from our suppliers to our factories and service warehouses, as well as containerized construction parts and transportation equipment. In addition, the partnership also includes all air cargo shipments. The partnership includes non-containerized road transport and outbound traffic, which will continue to be managed by DSV and other partners. The partnership is effective on 1. January 2022. .

The Danish provider of transport and logistics services has agreed to carry out and manage the general transport of freight and special vestas projects, both at entry and on arrival. The goal of the partnership is to simplify vestas` global transportation setup and achieve economies of scale and efficiency gains for both parties, according to the announcement. .