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Logwin, Wikestrom & Krogius Supply Chain

Maritime Activity Reports, Inc.

March 20, 2009

Logwin, a provider of international logistics services, announced details of an agreement to join forces with Finnish partner Wikestrom & Krogius to establish and operate a supply chain centre for the Wartsila Corporation in Shanghai, China.

Under the terms of the agreement, Logwin in partnership with its international forwarding agent, Wikestrom & Krogius, has won a five year contract to provide logistical and operational services for Wartsila, including the management, transportation and distribution of approximately 70,000 tonnes of power-related cargo from the client's Shanghai hub annually to destinations in Europe.

Headquartered in Helsinki, Finland, Wartsila enhances the business of customers in the marine and energy markets by providing them with complete lifecycle energy solutions, including assistance with the construction, operation, performance and maintenance of power plants.

Given the increase in power-related components originating from China, Logwin has assisted Wartsila in the development and completion of a 3,100 square metre facility that will equip the company with comprehensive logistics services ranges from quality inspections, local warehousing, packaging, shipment consolidations and distribution capabilities.

The facility, which comprises a dedicated 1,868 square metre docking area, a 766 square metre quality control inspection workshop, and a 466 square metre purpose-built office, will help the company set new standards in customer delivery by expediting the accuracy and processing of orders.

In doing so, the new centre will enable Wartsila to consolidate goods from multiple suppliers in China, including quality control and inspection of goods on their arrival at the centre to the repackaging of the cargo into full container loads for shipment to Finland, Italy and other European destinations.

Logwin's partnership's responsibilities will also comprise the provision of specialized logistical services that entails the management of the 1,868 square metre cross docking area where goods are recovered, opened, sorted, tallied and re-packed.

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