Saturday, December 06 ,2003 Port seminar convenes in Shanghai PORT China, a seminar which covers logistics, port management and equipment issues, was held in Shanghai in early December as part of the bi-annual Marintec China 2003 conference. Speaking at one of the Port China forums was Su Xingang, director of the Department of Water Transport at the Ministry of Communications. Mr Su said that one of the Chinese shipping industry’s…

Wednesday, November 26 ,2003 Third-party logistics will cut inventory costs: CLM EXCESSIVE inventories have resulted in higher logistics costs to companies worldwide, according to the Council for Logistics Management (CLM), a global body of logistics professionals with over 15,000 members. It said that even though this is good news for the logistics industry, it feels that even a one per cent reduction in overall logistics costs by companies could result…

Friday, November 07 ,2003 Container carrier seen as milestone for Jurong Shipyard A NEW container vessel capable of carrying more than 2,500 TEU has been christened at the Jurong Shipyard and is the largest vessel built so far at the marine facility in Singapore. Jurong Shipyard, a subsidiary of SembCorp Marine, said the Thomas Mann had been bought by Reederei Schluter (RKS) and would be delivered at the end of…

Friday, October 31 ,2003 GAC clinches long-term contract with Tiens Malaysia GAC Malaysia has won a third party logistics (3PL) contract with Tiens Health Development, also known as Tiens Malaysia, to provide warehouse management and third party logistics services. The long-term contract will see GAC Malaysia provide Tiens Malaysia with integrated, end-to-end services including clearance of inbound sea and air import shipments from Tiens’ regional sourcing markets, transportation of finished…

Monday, October 27 ,2003 New Australian Customs house opens AUSTRALIA’s new Customs house in Gladstone will provide state-of-the-art surveillance of local wharves and lend support to customs officers working to ensure Australia’s borders are safe and secure, Senator Chris Ellison, Minister for Justice and Customs, said at the opening of the facility. Senator Ellison said the new Customs house was part of an unprecedented investment in border protection in Queensland…

Friday, October 17 ,2003 ANL adds US service to a pair of transpacific loops AUSTRALIA National Line (ANL) has added a new US service to its two existing transpacific loops. The new service – known as Medusa Express – operates on a fixed-day, weekly basis between the main ports in the Mediterranean and US east coast on CMA-CGM’s Amerigo Express service. The rotation is: Malta, Livorno, Fos, Valencia, Lisbon, New…

Wednesday, October 15 ,2003 Singapore sees rise in August throughput THE Port Authority of Singapore has released preliminary througput figures for the month of August that shows an increase of 10.1 per cent per cent year-on-year to 1.622 million TEU from 1.473 million TEU in the corresponding month in 2002. Over the first eight months, Singapore’s throughput grew by 6.7 per cent to 12.017 million TEU. In 2002, Singapore handled…

Monday, October 13 ,2003 Shipping News Singapore/Korea FTA recommended by study group A FREE trade agreement (FTA) between Singapore and Korea has been recommended in a report by a Joint Study Group (JSG) comprised of representatives from both countries. The JSG said in the report that an agreement will provide larger economies of scale for Singapore and Korean businesses and wouldhelp to develop competitiveness in both countries. The report also…

Friday, September 26 ,2003 – Shipping Air – Sea Cargo News Asean business forum to have DHL input DHL is collaborating with the Asean Business Advisory Council (ABAC) in an initiative to facilitate an exchange of trade-related issues. As part of this collaboration, a high level delegation of senior executives from DHL’s Asia-Pacific management board will be sharing their collective insights and experience on regional trade issues at the inaugural…