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 Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

Ports

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Costa Rica Approves APM Terminals Project

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said on Friday Costa Rica's environment agency had approved the construction of its Moin Container Terminal project.

News

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Larger Tankers May Offer Better Return Chances

Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an

RoRo

Damen Builds Tug, Dredger for Nicaragua

The Nicaraguan port authority Empresa Portuaria Nacional (EPN) is set to take delivery of two newbuilds from Damen Shipyards Group. Damen built both vessels, a

MacGregor RoRo Cargo Access Package For Ferry

MacGregor, part of Cargotec, has received a contract from German shipbuilder Flensburger-Schiffbau-Gesellschaft (FSG) for a comprehensive RoRo cargo access equipment package.

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

Logistics

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Costa Rica Approves APM Terminals Project

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said on Friday Costa Rica's environment agency had approved the construction of its Moin Container Terminal project.

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1782 sec (6 req/sec)