Giant Container Shipping and Logistics Companies Both Open New Freight Hubs

2012-7-17

This past week has witnessed two of the major players in both the container shipping and freight and logistics fields open new Hong Kong operations. Mitsui OSK Lines wholly owned Chinese operation MOL (Asia) Ltd. announced the opening of Fuzhou and Zhongshan branches of Shanghai headquartered MOL (China) and the new operations commence their activities from today.

Meanwhile logistics specialist DHL Supply Chain announced today the opening of its new state-of-the-art 'MegaHub' Hong Kong facility located at Interlink in Tsing Yi. DHL says the new base will consolidate its Hong Kong operations and result in more flexibility of services plus economies of scale. At 900,000 square feet the new site brings DHL's total investment in their North Asian sub-region to euro 224 million in the past three years with plans to invest a further euro 300 million by 2015.

Both companies stress the strategic positions of their new premises. MOL says the new branches at Fuzhou and Zhongshan replace representative offices of MOL and Fuzhou and Zhongshan serve as a logistics hub for gateway ports respectively such as Mawei and Jiangyin in Fujian Province; Zhongshan, Zhuhai and Jiangmen in Guangdong Province and these latest developments mean MOL (China) now has a total of thirteen branches and offices in China.

Source: handyshippingguide
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