Shell, BP, Maersk, Stena and the Japanese shipping companies NYK, MOL and "K" Line have announced their joint collaboration with the United Nations Development Program (UNDP) to support job creation and capacity building projects in Somalia.
Global third-party logistics had a mixed year in 2011, and 2012 could be more of the same. But the signs are highly promising, at least in certain areas, that the industry's fortunes are indeed looking up.