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

People & Company News

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

Stena RoRo Charters Three Vessels

Stena RoRo has reached an agreement with the Finnish shipping company Godby Shipping to long-term charter their three RoRo vessels Misida, Misana and Miranda.

Ports

G6 Alliance Extends Asia – North America Service

In response to market demand, members of the G6 Alliance today announced the below enhancement to improve the Asia – North America (East Coast) trade. NYK will

3D Printing in Rotterdam Port

Is 3D printing just a hype? Or is it really possible to print spare parts for ships that can actually withstand the requirements set for the often "rough" working

Caltex Replaces Australian Crew

The 36 Australian crew members of an Caltex tanker refusing to set sail after they were told their jobs would be gone after the next run. MR tanker Alexander Spirit (40,

News

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Asia-N Europe Container Freight Rates Jumps 60%

Shipping freight rates for transporting containers from ports in Asia to Northern Europe rose by 60.4 percent to $879 per 20-foot container (TEU) in the week ended on Friday,

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

RoRo

Stena RoRo Charters Three Vessels

Stena RoRo has reached an agreement with the Finnish shipping company Godby Shipping to long-term charter their three RoRo vessels Misida, Misana and Miranda.

Brand New Ro-Ro Ran Aground in Norway

Ro-ro cargo vessel Kvitbjørn ran aground off Ulsteinvik port, Norway, in the afternoon June 28, while approaching the port.    The vessel, owned by Norway-based Nor Lines,

Logistics

Grimaldi Orders Three PCTCs

After signing an order for the construction of five new ships two weeks ago, the Italian shipowner  Grimaldi Group has signed another contract for the construction

Is It Too Late To Tangle With Spike in Shipping Market

A series of interesting and extreme price spikes is going on in the shipping market today, says Clarksons, provider of global shipping and offshore market intelligence.

NITC Claims World's Largest Supertanker Fleet

According to the head of the National Iranian Tanker Company (NITC), Iran has 42 very large crude carriers or VLCCs, each able to carry 2 million barrels of oil, reports Press TV.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
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: 0.1791 sec (6 req/sec)