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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.

Westports earnings soar 38% in Q1

Source:cargonewsasia    2014-5-6 9:43:00
Westports Holdings' net profit for the first quarter ended March 31 surged to US$33.52 million, compared with $24.22 million posted in the same quarter last year, as container output rose and savings in management fees improved margins.

While earnings rose 38.3 percent, revenue increased by only 4.1 percent to $111.61 million, reported Business Times Malaysia.
"The container throughput increased by 12 percent from 1.7 million TEUs to 1.9 million TEUs," it said.

The 25 percent increase in pre-tax profit in the first quarter was from an improvement in container throughput and savings of the management fee from its termination of management services agreement.

On a normalised basis, after excluding the management fee, the profit before tax grew by 10 percent, it said.

Going forward, Westports is expecting a high single-digit growth for container volume this year, driven by both the transhipment business and the import and export segments.

"To support the growth, we have recently completed the construction of the container terminal 7 (CT7). Measuring 600m in quay length, the CT7 will be fully operational by year-end with the gradual delivery of seven high specifications ship-to-shore cranes," it said.

Once the CT7 is fully operational, the group's handling capacity is expected to increase from 9.5 million TEUs to about 11.0 million TEUs per year, said Westports.