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Exhibitions

Executive Talks

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Interview with Milad M Istefanous, Executive Director of Philomina Global Services Co. Ltd.

Interview with Milad M Istefanous, Executive Director of Philomina Global Services Co. Ltd.

Philomina Global Head office located at Khartoum City that is well known, and having branches @ Port Sudan (Seaport City), and our modern office systems and all staff to give excellent services to our potential customers and worldwide associates.

Interview with Filipe Garcia, Branch Manager of Inicio transitarios Lda

Interview with Filipe Garcia, Branch Manager of Inicio transitarios Lda

Since the year 2000 INÍCIO TRANSITÁRIOS has been dedicated with total commitment to the creation of door-to-door transport solutions, regarding maritime and air logistics, on an international basis.

Interview with Ken Zhu,of Coeffort (Shanghai) Logistics & SCM Co., Ltd

Interview with Ken Zhu,of Coeffort (Shanghai) Logistics & SCM Co., Ltd

Coeffort was established in January 2015, core business of Coeffort is supply chain management and provide professional solutions, including supply chain financing, supply chain design, procurement and distribution, international customs clearance agent, executive stock trusteeship, Department of outsourcing, outsourcing processing and distribution management, supply chain services. I hope our business can do for customers "time Save", "money Save", "way touching One".

Interview with Arturo Chavez, Commercial Manager  of Smart Logistics Group

Interview with Arturo Chavez, Commercial Manager of Smart Logistics Group

SMART LOGISTICS GROUP is a premier transportation and logistics company, with coverage in SPAIN/EUROPE. Our value-added services portfolio includes import and export freight management, truck brokerage, intermodal, load/mode and network optimization, and global visibility. We provide freight forwarding, customs brokerage, warehousing and all other logistics services.

Interview with Ordan Cargo, Managing Director of Ordan Cargo Ltd

Interview with Ordan Cargo, Managing Director of Ordan Cargo Ltd

We are " ORDAN CARGO LTD" a freight forwarding & logistics company based in Tel Aviv, Israel since 2001 having presences at all main ports ASHDOD/HAIFA/TLV for Import/Export/Cross SEA/AIR. We provide excellent and creative logistics solutions as well as quality service with competitive prices.

Asset sale pushes Yang Ming towards profit

Source:cargonewsasia     2014-1-2 9:18:00
Despite a net loss of more than US$133.07 million in the first three quarters, Yang Ming Marine Transport Corp is set to post a profit for the year, thanks to gains from a revaluation of its shares in Kao Ming Container Terminal Corp (KMCT).

The nation's second-largest container shipper announced this week that it has reappraised the value of its 47.5 percent stake in KMCT, resulting in gains of $100 million, based on International Accounting Standards data.

The company may be able to take advantage of these one-off gains this quarter, which could raise its earnings per share.

"The revaluation will contribute quite a lot to the company's profitability this quarter," Yang Ming chief financial officer Vincent Lin told a press conference.

Yang Ming has undertaken a series of measures in the current quarter in an attempt to offset net losses of $142 million made in the first nine months of the year.

The company sold a 12.5 percent stake in KMCT to Japan's NYK Group last month, which could generate US$26.94 million for Yang Ming this quarter. That was followed by a decision to sell shipping containers, which could result in gains of $32 million.

These moves, along with the revaluation of its KMCT shares, may generate more than $156 million in non-operating income for Yang Ming this quarter.