MARINETRANS AND DOOR TO DECK GLOBAL MARINE LOGISTICS JOIN FORCES

Door To Deck Global Marine Logistics (D2D) joins forces with Marinetrans

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Marinetrans (part of GTS Group), a logistics service provider specialized in supply chain solutions for ship owners and ship management companies, has acquired Door To Deck (D2D), a marine logistics specialist in Cyprus and Greece. Marinetrans already had an office in Athens, and will gain a substantially larger presence in Greece with this acquisition. The co-founders of D2D, Kyriakos Tsitouridis and Michalis Theodosiou, will be driving further business development of D2D, Marinetrans and GTS in the entire Mediterranean area and will become shareholders of GTS Group.

John Burgstra, co-CEO of GTS, commented on the transaction: "With this partnership, Marinetrans will significantly expand its foothold in the Greek and Mediterranean market, which will enable us to provide our Greek clients with more scale and service close to their home. D2D has a strong position in the Greek market, which they have gained through superior customer service and profound knowledge of the Greek maritime- and shipping industry.