Trai Thien Logistics News

Trai Thien Announces Singapore Hub

Trai Thien USA Inc (OTC Markets:TRTH), through its subsidiary Trai Thien Logistics, announced that it is planning to establish Singapore as a new Shipping and Trade Hub for the Company to expand ahead of the formation of the ASEAN Economic Community ("AEC") in 2015. The AEC is ASEAN's most resolute step to date to transform the region into a single market and production base by 2015. The Port of Singapore is the busiest in the world, surpassing Rotterdam and Hong Kong. In addition, Singapore's port infrastructure and skilled workforce, due in part to the success of the country's education policy in producing skilled workers, is also fundamental in providing easier access to markets for both importing and exporting. Trai Thien currently has six vessels operating at full shipping capacity.