Sino-Global Partnership with Forbes

Tuesday, July 28, 2009

Sino-Global Shipping America, Ltd. (NASDAQ:SINO) a non-state-owned provider of shipping agency and forwarder services operating primarily in China, announced that it has signed an exclusive partnership agreement with India-based, Forbes & Company Limited.

"As a reputable and established company, Forbes is the ideal partner for Sino-Global as we look to expand our customer base," said Mr. Cao Lei, Sino-Global's chief executive officer. "Under this agreement, we expect to provide agency services in China-based ports to a significant number of Forbes' existing shipping-related clients. As we expand our scope of services into complementary areas, we also see exciting opportunities for additional cooperation, including ship brokering and chartering, project cargo handling and others."

Under the terms of the agreement, Forbes will recommend Sino-Global as their exclusive business partner in China to all their existing clients in India and Sino-Global will serve all vessels in China that are appointed by Forbes. Likewise, Sino-Global will recommend Forbes as their exclusive business partner in India to all their existing clients in China and Forbes will serve all vessels in India that are appointed by Sino-Global.

Ashok Barat, managing director of Forbes, added "the substantial and increasing volume of business conducted by our clients between India- and China-based ports requires a strong partner in China. Sino-Global's history of high-quality service and ability to provide local logistical services to ships in each of China's 76 ports will add tremendous value to our existing offering of logistics, brokering and chartering services."

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Long Beach Picketers Not Striking -Port CEO

Port of Long Beach CEO Jon Slangerup issued a statement addressing the status of picketing truckers at the harbor, pointing out that the demonstration is not a strike.

E-Procurement Streamlined via the Cloud

Marine Procurement Solutions (MPS) has built an electronic platform that aims to enhance the purchasing cycle for the maritime industry. MPS provides software,

Cashman Continues to Expand US Northeast Barge Fleet

Cashman Equipment Corp. announced the continuing expansion of its U.S. Northeast barge and crane fleet for the marine construction market.   Over the past year,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1646 sec (6 req/sec)