Giga Maritime Group Expands to Hone Competitive Edge

Posted by Eric Haun
Wednesday, September 03, 2014

Automotive shipping and logistics provider Giga Maritime Group (GMG) has announced plans to invest in new IT infrastructure, the expansion and replacement of fleets, assets and vehicles as well as developing new car terminals, in an effort to hone the group's competitive edge and meet the demands of Malaysia's growing automotive industry.

Datuk Kumar Prabakaran, the managing director of GMG companies Giga Shipping Sdn Bhd and Nexus Mega Carriers Sdn Bhd, said these investments are vital in order for the group to meet growth demands following the National Automotive Policy (NAP) announcement earlier this year. Malaysia aims to increase its total production of 1.25 million vehicles and boost annual exports to 250,000 units by the year 2020.

"The automotive shipping and logistics sector is a growing and competitive market for us. These investments are absolutely vital for us to optimize the management of the supply chain and hone our value-added services for our customers. Giga Maritime Group provides end-to-end solutions, including land transportation, ocean going vessels, freight forwarding services, car terminal services, from the factory floor to the dealership door," said Datuk Kumar.

As part of the group's expansion plans, GFG Logistics Sdn Bhd will launch the MV Grand Vision, a Roll-on Roll-off Pure Car Truck Carrier (RoRo PCTC) vessel with a capacity of 5,040 Car Equivalent Units (CEU). The vessel will operate in the Malaysian domestic route as well as intra-Asian countries such as Thailand, Indonesia and Singapore. With the arrival of the MV Grand Vision in mid-September, GMG will see a 30percent growth in capacity when compared to 2013. Additionally, the group will replace 66 trucks and prime movers in their fleet of 224 car and motorcycle motor vehicle carriers.

Further to that, the group will replace 66 trucks and prime movers in their fleet of 224 car and motorcycle carriers. Last year, Nexus lifted a total of 45,600 loads nationwide, compared with 43,998 in 2012. The company is expected to lift some 48,000 loads by year-end.

To further streamline the group's supply chain and provide more value-added services to customers, the group will invest in a web-based IT infrastructure that will allow customers to place bookings, request and view quotations and invoices, submit documents and track shipments online. The system, which will be running in the first quarter of 2015, will also allow for senior management to monitor the supply chain in real time.

"Our new IT system is expected to minimize employee workload, reduce usage of paper by 80percent and streamline the flow of task from one business unit to the next," Datuk Kumar added.

In a bid to meet the demand for car sales in East Malaysia, GMG acquired land in East Malaysia - 14 acres in Kota Kinabalu and is operated by Kota Kinabalu Car Terminal Sdn Bhd and 10 acres in Kuching is operated by Kuching Car Terminal Sdn Bhd, for storage and maintenance, import, export and transhipment of vehicles.

Source: Giga Maritime Group
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

No Clues on Hanjin's Financial Health

Cash-strapped Hanjin Shipping Co. sources say that the negotiations with tonnage providers for lower rates are undergoing, but wouldn't say much else.   According to Korea Herald, the country's No.

DP World's H1 Volumes Rise

Ports operator DP World reported on Tuesday first-half 2016 gross container volumes up 1.2 percent on a like-for-like basis and up 2.5 percent on a reported basis.

Samil PwC Okays Hyundai's Management Improvement Plan

Hyundai Heavy Industries (HHI) is notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement

Ports

Panama Canal: Assessing the Risk & Reward

The Panama Canal’s impact on shipping routes and vessel sizes since it opened in 1914 is undisputed. This will continue with the opening of a third channel for larger vessels in 2016.

Drones: Is the Maritime Industry Ready?

Unmanned aerial systems (UAS), or “drones” in common parlance, are not a part of the historical maritime vocabulary. At least not yet. While the term “drones” may conjure images from science fiction,

Guzmán Re-elected Harbor Commission President, Long Beach Port

Harbor Commission President Lori Ann Guzmán was re-elected Monday evening to serve a second one-year term leading the board that oversees the Port of Long Beach, the nation’s second-busiest seaport.

News

Cambodia Urged ASEAN to Avoid Words That Escalate Tension

Cambodia advised a grouping of South East Asian nations to avoid using words that "would escalate tension between China and the Philippines" in a weekend statement,

Technip Bags Woodside's Subsea Contract

Technip has been awarded a large(1) subsea contract by Woodside to support the development of the Greater Enfield Project offshore Western Australia, at a water

Keel Laying for Russia's Second Nuclear Icebreaker

Today the Baltic Shipyard in St Petersburg (part of United Shipbuilding Corporation) laid the keel of Ural, Project 22220’s second series-produced nuclear icebreaker.

RoRo

MOL Makes Fleet-wide Migration to Fleet Xpress

Fleet Xpress will deliver data intelligence to drive smarter and greener shipping operations   26 July 2016: Inmarsat (LSE:ISAT.L), the leading provider of global

WWL Adds MV Themis to its Fleet

Wallenius Wilhelmsen Logistics’ (WWL) has added MV Themis, fourth Neo-Panamax class vessel, to its fleet. 50% of the company’s newbuilding order now complete.   Like her sister vessels,

WWL Adds Another Neo-Panamax

Themis is Wallenius Wilhelmsen Logistics’ (WWL) fourth Neo-Panamax class vessel, which means it is built for the expanded Panama Canal inaugurated June 26.   Like her sister vessels,

Logistics

No Clues on Hanjin's Financial Health

Cash-strapped Hanjin Shipping Co. sources say that the negotiations with tonnage providers for lower rates are undergoing, but wouldn't say much else.   According to Korea Herald, the country's No.

New Container Facility at Krishnapatnam Port

Krishnapatnam Port, India's largest all-weather; deep water port on the east-coast of India has inaugurated CONCOR’s - Port Side Container facility – a Government of India undertaking.

China Joins UN Trucking Treaty

China has taken a major step towards establishing a speedy new "Silk Road" to Europe by signing up to a U.N. trucking treaty.   Fifteen years after joining the World Trade Organization (WTO),

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Salvage Ship Electronics Ship Simulators Sonar
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: 0.1180 sec (8 req/sec)