Strategic Solutions
Cargo Consolidation
Warehouse/Distribution
End to End Solutions
Import & Export
Management of International Tade Flows,
Customs Audits,
Cost Benefit
Outcomes
Scan & Pick Packing, Efficent use of
container space, cost effective packing.
Origin Consolidation, Pick & Pack, Status, Visibility, Arival Services, Freight Rate Negotiation.
Import & Export
FCL, LCL & Air Freight Forwarding/Customs Clearance, FCL Packing & Unpacking
Loose Cartons Storage, Picking & Order Handling, Dispatch Palletising, Shrink Wrapping, Barcode Scanning.
Cargo Services Asia Weekly Market News - Week 13 - 2012
Politics & Economy Update
Industry Dynamics
China's toy makers explore growth breakthroughs
China's toy makers are exploring new ways to break the bottlenecks of development as the ongoing European crisis continues to impact demand.
Toy makers are actively expanding industrial reaches, enriching cultural elements in products and tapping into the domestic market in their attempts to survive global headwinds, reporters from China Securities Journal learned at a news briefing held in Guangzhou, the sector's stronghold. Official statistics showed China's toy exports totalled 24.78 billion U.S. dollars in 2011, up 17.57 percent year-on-year.
After deducting for pricing factors, the amount of exports actually fell during the period, Li Zhuoming, executive vice director of the Guangzhou Toy Association, said, attributing the drop to waning demand from Europe. He said a stricter standard on toy safety in the European Union last year had substantially lifted testing fees for Chinese makers, which, in turn, hurt sales. In response to rising costs and waning demand, toy makers are tapping new grounds, with some branching out into animation and baby products. Others are shifting focus from selling products to selling culture. He Bin, president of Hexin Group in east China's Zhejiang province, said his company partnered with the Department of Education and children magazines to produce a
range of themed products, which led to the company's successful transformation. Li said with exploration and upgrading, China's toy industry will take on a new look and there is ample room for development once world economic recovery picks up.
People’s Daily Online, Mar 16 2012
Shipping Industry Update
China's FDI down 0.9% in Feb.
China attracted US$7.73 billion in foreign direct investment (FDI) in February, down 0.9 percent year-on-year, the Ministry of Commerce (MOC) said today. It marks the fourth consecutive month of drops in FDI, MOC data shows. FDI fell 0.3 percent year-on-year in January, 12.73 percent in December, and 9.76 percent in November. The February figure brought the total FDI in the first two months to US$17.72 billion, down 0.56 percent from the previous year, MOC spokesman Shen Danyang said at a regular press conference. In the first two months, the nation approved the establishment of 3,005 foreign-invested companies, down 11.59 percent year-on-year. The month of February alone registered 1,603 new foreign-invested companies, Shen said.
People's Daily Online, Mar 15 2012
China becomes top investor in Germany
China overtook the United States to become the top foreign investor in Germany in 2011 in terms of investment project numbers, according to statistics released by the Germany Trade & Invest (GTAI) agency on Thursday. Chinese investment projects in Germany have totaled up to 158, ahead of the United States '110, Switzerland's 91 and France's 53, said a statement by GTAI, the economic development agency of the German government. The foreign investment projects in Germany mainly concentrate in the mechanical engineering and automotive sectors, which account for 20 percent of the total, as most of them involved in the new production bases, in comparison with 13 percent being pumped into the sphere of new technologies, 6 percent into the field of renewable energy.
In a latest sign of the strong Chinese investment tide in Germany, automotive supplier Heibei Lingyun Industrial Group Corporation earlier this week agreed to buy Kiekert, a German maker of latch systems for cars.
Early this year, Chinese construction equipment manufacturer Sany Heavy Industry wound up a landmark acquisition of Putzmeister, a German engineering firm. The deal has been deemed as one of the biggest investment projects in the mechanical manufacturing and engineering sector, the pillar industry of the German economy. More than half of the total foreign investments in Germany still come from the
European countries, according to the GTAI.
China Daily, Mar 16, 2012
Hong Kong's volume of total exports of goods
down 14.3% in January.
The volume of total exports of goods in Hong Kong dropped 14.3 percent in January from a year ago, with the volume of re-exports of goods falling 13.6 percent and that of domestic exports slashing 47.9 percent, the city's statistics department said here Thursday. Concurrently, the volume of imports of goods fell 14.9 percent from a year earlier. The prices of total exports of goods increased 7.2 percent in January, with the prices of reexports of goods rising 7.3 percent and those of domestic exports up 3.3 percent. Concurrently, the prices of imports of goods increased 6.6 percent. The total export volume to Germany and Chinese mainland fell 16.4 percent respectively, followed by the United States with 13.9 percent, Japan 11.7 percent and South Korea 10.0 percent.
Over the same period, the total export prices to the United States rose 9.8 percent, followed by Japan with 8.4 percent, Germany 7.3 percent, Chinese mainland 7.1 percent and the Republic of Korea 2.0 percent.
People's Daily Online, Mar 16, 2012
Taiwan February export orders rose 17.6% y/y
Orders for Taiwan's exports in February grew more than expected from a year earlier, another sign of an improving picture for Asian exporters as demand from the United States and China picked up.
The island's high-tech exporters are benefiting from strong sales by Apple Inc., which just launched its 4-G enabled iPad. On Tuesday, Taiwan reported that export orders in February rose 17.6 percent from a year earlier. A Reuters Poll had expected an increase of 15.5 percent. A double-digit annual increase had been widely expected because there was a relatively low base for comparison, as Lunar New Year fell in February in 2011. This year, the holiday was in January.
The economics ministry attributed the strong gain partly to the Lunar New Year effect and partly to a 20 percent increase in orders from information and communications sector from February 2011, including hot sales of Apple's iPhone and iPad. In January, export orders had declined 8.63 percent from a year earlier. In February, Taiwan's export orders from the U.S. rose 21.01 percent from a year earlier, compared with 2.45 percent in January. In the latest data, orders from China increased 19.03 percent from a year earlier, compared with a drop of 20.83 percent in January. Export orders from Europe, which have been falling due to the euro zone's economic woes, increased 18.3 percent compared with February 2011. Export orders fell 1.1 percent in February from the previous month, after a 2.36 percent rise in January and a 0.56 percent gain in December, while on a year-on-year basis in February they rose 17.6 percent, a reverse from January's sharp contraction. Taiwan's export orders are a leading indicator of demand for Asia's exports and for hi-tech gadgets, and typically lead actual exports by two to three months. Taiwan's actual exports resumed growth in February after a weak global economy and the Lunar New Year holiday had forced a contraction the previous month, with exports to China and Europe returning to growth and demand for electronics strong.
Reuters, Mar 20 2012
Fujian provincial port volume up 15.6pc in first 2 months to 660,000 TEU
Ports in Fujian province, across from Taiwan, lifted 660,000 TEU in January and February, 6.8 per cent more year on year, Xinhua reports.
The Port of Xiamen handled 951,900 TEU, up 7.8 per cent. Fuzhou volume increased 1.7 per cent to 241,200 TEU and Meizhou Bay ports moved 217,900 TEU, up 8.7 per cent. In overall tonnage, Fujian volume was up 8.7 per cent to 55.89 million tonnes year on year with Xiamen up 2.1 per cent to 23.74 million tonnes with Fuzhou rising 10.9 per cent to 14.92 million tonnes and Meizhou Bay ports increasing 14.5 per cent to 17.23 million tonnes.
Shipping Gazette, Mar 19 2012
Tianjin container traffic up 5.2 percent in Jan-Feb
From January to February, the Port of Tianjin, traditional gateway to Beijing, handled 1.77 million TEU, a 5.15-percent gain year-over-year, Xinhua reports. The port's overall throughput increased 5.11 per cent to 69.22 million tonnes. Last year, Tianjin registered a throughput of 450 million tonnes, making it the fourth largest port in the world. This year, in order to meet its throughput target of 470 million tonnes, Tianjin will launch series of measures to secure and expand its cargo sources, looking to developing more foreign and domestic cargo, and strengthen cooperation with inland cities to increase intermodal links.
Port News, Mar 16 2012
Guangzhou Railway Group signs cooperation agreement with three ports
Guangzhou Railway Group has signed a cooperation agreement with Hunan's port of Yueyang, and Guangdong's port of Guizhou and Guangzhou, on jointly developing water-rail intermodal services, Xinhua reports. According to the agreement, Guangzhou Railway Group's business volume of water-rail intermodal to Yueyang, Huizhou and Guangzhou will increase 35 per cent, 23 per cent and 17 per cent. Guangzhou Railway Group discussed with the three ports on increasing water-rail intermodal capacity and freight volume. The group will set up a workshop with the ports to strengthen their exchange and enhance operational efficiency.
Shipping Gazette, Mar 22 2012
Chongqing port container traffic soars 72.6 percent in February
Container throughput at the Port of Chongqing hit a record high of 65,200 TEUs in February, up 72.6% from a year earlier, Xinhua reported.
In the same month, the port's throughput tonnage grew 41.1 per cent to 9.48 million tonnes. Foreign trade cargo weighed 314,000 tonnes, up 68.4 per cent year on year.
Port News, Mar 21 2012
Port of Hong Kong traffic down 0.3% in Jan-Feb
Shipments containers through the Port of Hong Kong in January-February slightly fell 0.3 percent year-over-year to 3.61 million TEUs, the Port Authority statistics said. The two-month volume of export, import and empty containers includes throughput of Kwai Tsing, which demonstrated a 3.6% to 2.76 million TEUs. Other terminals handled 850 TEUs, down 11.1 percent from the 2011 period’s figures. Port of Hong Kong is one of the busiest ports in the world. In 2010, Hong Kong port's container trade totaled 23.69 million TEUs. The port is able to handle 456,000 ships a year.
Port News, Mar 15 2012
News Update - Week 10, 2012