Category: MAR

The world’s cruise industry heads in record numbers to Barcelona, Spain

LONDON, Aug. 30, 2014 /PRNewswire/ — In just a few weeks, cruise industry professionals from around the world will be heading to Barcelona, Spain’s leading cruise port, for the tenth edition of the Seatrade Med Cruise Convention. This year’s event has already achieved a record number of ports, destinations and suppliers showcasing their products and services on the exhibition floor, mirroring the market growth of the cruise industry in the Mediterranean.

A highlight of the convention will be the conference programme – where leading figures will discuss and debate the issues confronting the Mediterranean’s flourishing cruise market. As well an overview of the Mediterranean cruise market, over 40 industry peers will discuss topics such as the increasing popularity of upscale cruising, logistics and ship supply, maximising overnights stays in ports, marketing and sales, the relationship between cruise lines, ports and terminals, green innovations and also the development of cruise itineraries in the region.

In addition to Pierfrancesco Vago Chairman, CLIA Europe, and Executive Chairman, MSC Cruises, Kyriakos (Kerry) Anastassiadis CEO, Louis Cruises, David Dingle CEO, Carnival UK, Adam Goldstein President & COO at Royal Caribbean Cruises Ltd and Michael Thamm CEO, Costa Crociere SpA, we are pleased to announce that Jorges Vilches, President & CEO for Pullmantur Cruises, is also confirmed to join the line up of high-profile cruise line executives for the opening ‘State of the Cruise Industry in the Mediterranean’ plenary session.

A two-day travel agent training programme, provided by CLIA (Cruise Lines International Association) will also take place giving local travel agents the opportunity to broaden their knowledge on this lucrative market.

With record pre-registration numbers, the tenth edition, promises to to be one of the most successful events yet. Seatrade Med provides a proven business platform for participants to engage and generate business opportunities, through a high-level conference programme, showcase exhibition, travel agent training sessions and social networking events.

Additional news and information about Seatrade Med are available at cruiseshippingevents.com/med. Find Seatrade Med on Facebook, Twitter, LinkedIn and YouTube.

The 2014 Seatrade Med Cruise Convention is owned and organised by UBM in partnership with Seatrade and in association with the Port of Barcelona.

Editor – Nina Marston at Seatrade, Tel +44 1206 545121 or email nmarston@seatrade-global.com

Complimentary press registration is available to editors, writers and print/broadcast reporters intending to report on the event. Visit cruiseshippingevents.com/med/press to book your place.

About Seatrade Med The Seatrade Med Cruise Convention, the major biennial cruise event focused on the world’s second largest cruise destination – the Mediterranean, will gather in Barcelona, Spain from September 16-18, 2014 at Fira de Barcelona Gran Via Conference Centre. Owned and organized by UBM Live in partnership with Seatrade Communications Ltd, Seatrade Med is Europe’s most prestigious cruise event, welcoming over 4,000 attendees and 300 exhibiting suppliers and service providers to the Mediterranean cruise market. Part of UBM Live’s growing Cruise Shipping Portfolio, Seatrade Med features a comprehensive conference featuring high-profile speakers, an exhibition, a travel agent training component, and valuable networking events.

About UBM Live UBM Live connects people and creates opportunities for companies across five continents to develop new business, meet customers, launch new products, promote their brands and expand their markets. Through premier brands such as Routes, CPhI, IFSEC, TFM&A, Cruise Shipping Miami, the Concrete Show and many others, UBM Live exhibitions, conferences, awards programs, publications, websites and training and certification programs are an integral part of the marketing plans of companies across more than 20 industry sectors.

About Seatrade Established 40 years ago, Seatrade is a leader in cruise and maritime publications, conferences and exhibitions, training, awards and other special projects. Regular events include international trade exhibitions and conferences across all maritime sectors, management training courses for shipping professionals, training seminars for travel agents and award schemes, including the Seatrade Insider Cruise Awards. Seatrade publications include magazines, supplements and yearbooks, whilst Seatrade Insider provides daily cruise news online at seatrade-insider.com

Frost & Sullivan: Lean Strategies and Decentralized Value Chains Fuel RFID Uptake in Manufacturing

— Automotive and aerospace industries represent key growth areas

MOUNTAIN VIEW, Calif., Aug. 27, 2014 /PRNewswire/ — The business model and structure of the manufacturing industry has grown well beyond the scope of a single enterprise and location, making radio frequency identification (RFID) solutions indispensable to its functioning. With increasing adoption of lean manufacturing strategies prompting most industry players to focus on and outsource niche operations within global supply chains, RFID solutions will help sustain high levels of performance.

Frost & Sullivan

Frost & Sullivan

Logo – http://photos.prnewswire.com/prnh/20140826/139943

New analysis from Frost & Sullivan, Analysis of the Global RFID in Manufacturing Market, finds that the market earned revenues of $1.29 billion in 2013 and estimates this to nearly quadruple to $4.99 billion in 2020. The study covers passive, active and battery-assisted passive RFID. Over the forecast period, demand for active RFID will increase to fulfill business needs more efficiently.

For complimentary access to more information on this research, please visit: http://bit.ly/XPtW5v.

Use of RFID technologies enhances supply chain visibility and total control of inventory, operations and logistics across diverse manufacturing points. As RFID solutions facilitate real-time tracking of assets in different locations, it increases productivity enabling cost-effective allocation of resources. These benefits, along with reduced labor requirements, information accuracy, improved sales and customer service boost RFID adoption among manufacturing participants looking to realize higher return on investment.

“Opportunities for RFID solution providers exist across all application segments within the manufacturing industry,” said Frost & Sullivan Measurement & Instrumentation Senior Research Analyst Nandini Bhattacharya. “Growth prospects in the automotive and aerospace manufacturing sectors are especially promising owing to supportive industry regulations.”

However, as long as the economic situation remains uncertain, customers — particularly small and medium enterprises — will be reluctant to invest in RFID solutions unless they see a direct correlation between implementation of these technologies and cost-saving advantages. Cost is, therefore, a discerning factor for consumers’ RFID purchasing decisions. Scalability of solutions and technology support will be important criteria influencing uptake.

“Partnerships and acquisitions are rampant and necessary for this market to continue to expand,” noted Bhattacharya. “Without such collaborations, the breadth of knowledge and expertise needed for success is typically too wide even for the largest of companies.”

Analysis of the Global RFID in Manufacturing Market is part of the Automatic Identification (http://www.autoid.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Analysis of the Global 2D-Barcode Scanners Market, Analysis of the Global RFID Tags Market, Analysis of the Global RFID and Bar Code Printers Market, and Emerging Opportunities in Global Biometrics Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

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Analysis of the Global RFID in Manufacturing Market
ND1A-11

Contact:
Ariel Brown
Corporate Communications – North America
P: +1.210.247.2481
E: ariel.brown@frost.com

http://www.frost.com

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India to pilot Deutsche Post DHL’s e-commerce solutions for Asia Pacific

Investment in infrastructure and new delivery options to lay foundation for global e-commerce leadership in fastest-growing logistics sector

SINGAPORE and MUMBAI, Aug. 26, 2014 /PRNewswire/ Deutsche Post DHL, the world’s leading mail and logistics group, has chosen India to pilot the development of its e-commerce business model for Asia-Pacific. Through its subsidiary Blue Dart Express, already a national leader in door-to-door delivery, DPDHL ‘s business unit DHL eCommerce  is investing in infrastructure and the development of fulfillment centers, multiple delivery and payment options as part of its aim to become the preferred global provider of e-commerce related services including e-fulfillment and e-facilitation.

Frank Appel, CEO, DPDHL, said:  “Globally, e-retail is rapidly evolving. Over the next five years, the global e-commerce sector is expected to grow by more than 10 per cent per annum with Asia Pacific leading the way. This region is expected to soon surpass North America and Europe as the biggest online market in the world. As the leading logistics company with an unsurpassed global footprint, there’s a huge opportunity for us to become the world’s leading provider of e-commerce logistics and we have a ready solutions infrastructure in India to pilot our solutions.”

Blue Dart Express is well positioned to pilot e-commerce in India and models for Asia Pacific.  The leader in door-to-door delivery solutions and South Asia’s premier express air and integrated transportation and distribution company, Blue Dart services over 34,154 locations in India.

Investing in infrastructure and new delivery options

By 2025, e-commerce share of overall trade volume of emerging markets will be up to 30 percent (40 percent in developed countries), according DPDHL’s report ‘Global E-Tailing 2025′[1].

Malcolm Monteiro, CEO, DHL eCommerce Asia Pacific said: “With 250 million Internet users, Indian e-commerce remains underdeveloped, with online shopping valued at EUR 2.3 billion in 2013. This is expected to grow to EUR 4.1 billion by 2018, a CAGR of 12.3 per cent in 5 years[2].  All countries across Asia are in different evolutionary stages when it comes to e-commerce. We need to adapt our service portfolio within the region accordingly.” 

In India, DHL eCommerce, working closely through Blue Dart will invest in developing multiple delivery options and cash on delivery capabilities. These two key needs were identified by India’s top online shoppers – male, high-income, young urbanites – as part of a 20-country consumer survey on international distance selling ‘Shop the World’, carried out by DHL eCommerce to provide a deeper understanding of the home shoppers’ journey.

Anil Khanna, Managing Director of Blue Dart Express Ltd, said: “Blue Dart’s unrivaled domestic delivery system and network capabilities in India provide the perfect base for piloting the development of region wide e-commerce solutions. We are working closely with leading brands, market place sellers and retailers to help them establish a sustainable e-commerce footprint. That’s why we are investing in the right infrastructure – including IT – to build the right model for consumers and sellers.”

Tapping India’s eCommerce potential with India-specific insights

According to ‘Shop the World’, online purchases in India are limited largely to consumer electronics, fashion and media products with shopping by smart phone the norm. Indians’ main reasons for online shopping are overcoming geographical restrictions on choice and unlimited shopping hours — although the biggest negative was unknown quality of online products. E-shoppers in India revealed delivery expectations that were higher than the global average. Despite the country’s size, Indian shoppers expect delivery within 5 days (global average 6.5 days), parcel tracking options and free delivery. The average rate of return of goods also scored higher than the global average at 29.5 per cent with poor quality or defects the number one reason for returns.

The survey also identified growth opportunities in the development of online payment systems — cash on delivery or cards being India’s top payment choice — and in international sales. The majority of Indian e-commerce is domestic with only a third of consumers having ordered overseas. This is set to grow with more than half planning to place an international online order with US being the number one target market.

[1]DPDHL, Z_punkt and See More, Global E-Tailing 2025 Study 2014 http://www.dpdhl.com/content/dam/global-etailing-2025_en.html

[2]DHL,Shop The World Study 2014 http://www.dhl.com/en/campaigns/globalmail/shop_the_world.html?WT.mc_id=SHOPTHEWORLD_GO_EN_OFFLINE_002   ((Source: The World Bank 2012 &Euromonitor International)

– End –

DHL – The logistics company for the world

DHL is the global market leader in the logistics and CEP industry and “The logistics company for the world”. DHL commits its expertise in international express, national and international parcel delivery, air and ocean freight, road and rail transportation as well as contract and e-commerce related solutions along the entire supply chain. A global network composed of more than 220 countries and territories and around 315,000 employees worldwide offers customers superior service quality and local knowledge to satisfy their supply chain requirements. DHL accepts its social responsibility by supporting environmental protection, disaster management and education.

DHL is part of Deutsche Post DHL. The Group generated revenues of more than 55 billion euros in 2013.

Blue Dart Express Ltd.

Blue Dart Express Ltd., South Asia’s premier express air and integrated transportation & distribution company, offers secure and reliable delivery of consignments to over 34,236 locations in India. As part of the DP DHL Group (DHL Express, DHL Global Forwarding & DHL Supply Chain), Blue Dart accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories and offers an entire spectrum of distribution services including air express, freight forwarding, supply chain solutions and customs clearance.

The Blue Dart team drives market leadership through its motivated people force, dedicated air and ground capacity, cutting-edge technology, wide range of innovative, vertical specific products and value-added services to deliver unmatched standards of service quality to its customers. Blue Dart’s market leadership is further validated by numerous awards and recognitions from customers for exhibiting reliability, superior brand experience and sustainability. Some of these include Superbrand and ‘Reader’s Digest Most Trusted Brand Award’, one of ‘India’s Best Companies to Work For’ by The Great Place to Work® Institute five times in a row, ‘Outstanding Contribution to the Cause of Education’ – Global HR Excellence Awards 2011-2012, BSE Best CSR Practice Award and 22nd CFBP Jamnalal Bajaj Fair Business Practices Award – 2010 in the category of Service Enterprises (Medium) to name a few.

Blue Dart accepts its social responsibility by supporting climate protection (GoGreen), disaster management (GoHelp) and education (GoTeach).

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Lineup of Leading Industry Speakers Announced for 2014 Cruise Shipping Asia-Pacific Conference

SINGAPORE, Aug. 26, 2014 /PRNewswire/ — As it enters its fourth edition, Cruise Shipping Asia-Pacific will present  the most prominent voices in the Asia cruise market to lead the conference, slated for November 20-21, 2014.

This year’s conference will analyze the market potential and challenges associated with the emerging Asia cruise market as well as explore the infrastructure and itinerary development opportunities.

Beginning Thursday morning, November 20th, Zinan LIU, Vice President, China and Asia, Royal Caribbean Cruises Limited, will open the event with the keynote address. Immediately following will be “The State of the Cruise Industry in Asia” featuring Michael HACKMAN, EVP — Cruise Operations, Genting Hong Kong Limited; Dominic PAUL, SVP International, Royal Caribbean International, Celebrity Cruises & Azamara Club Cruises and Managing Director, RCL Cruises Ltd; and Ann SHERRY, CEO, Carnival Australia, and Chairman, CLIA SE Asia.

Thursday afternoon will feature concurrent sessions “The Operating Environment in Asia” and “Focus on China.” Friday morning’s concurrent sessions include “How Asia Will Grow as a Source Market” and “Cruise Infrastructure Across Asia,” followed by “Itinerary Development Across the Region” and “Shipbuilding and Refurbishment in Asian Yards” running concurrently in the afternoon.

Spearheading the conference sessions are a plethora of industry leaders and innovators including:

Jeff BENT Managing Director, Worldwide Cruise Terminals

Ted BLAMEY Principal, CHART Management Consultants 

Dickson CHIN Managing Director, Wallem Ship Agency

Bruce KRUMRINE Vice President, Shore Operations Europe & Exotics, Princess Cruises

Krai PANYARACHUN Inbound Director, SEA Tours Co., Ltd and Immediate Past Chairman, ACSN

Isaac VIDALES Regional Operations Manager Asia, Intercruises Shoreside & Port Services

Buhdy BOK SVP Pacific Asia & China, Costa Crociere SpA

Anthony H. KAUFMAN SVP Asia Operations, Princess Cruises

Ang Moo LIM EVP Sales, Marketing & Hotel Operations, Genting Hong Kong Limited

Steve ODELL President, Europe, Africa, Middle East & Asia Pacific, Silversea Cruises Limited

Brett DUDLEY Founder and Chairman, ecruising Group of Companies

Masami MASUYAMA Managing Director, NYK Cruises Co., Ltd

Kelvin TAN Commercial Director, Asia Pacific, Celebrity Cruises

Ki-tack LIM President, Busan Port Authority

John TERCEK VP, Commercial & New Business Development, Royal Caribbean Cruises Limited

Sarina BRATTON Chairman Australasia, Compagnie du Ponant

Robert W. GUY Managing Director — Singapore & Malaysia, Destination Asia

William HARBER Vice President, Market Development, Carnival Asia

PHAN Xuan Anh President, Viet Excursions Co Ltd

Paolo MORETTI General Manager Marine, RINA Services SpA

P.K. ONG Managing Director, Sembawang Shipyard Pte Ltd., & Deputy President, Sembcorp Marine Ltd

Stephen PAYNE Principal Consultant, PFJ Maritime

Conference session details can be found at cruiseshippingasia.com or by clicking here.

Cruise Shipping Asia-Pacific is organized by UBM in partnership with Seatrade Communications and is exclusively supported by Cruise Lines International Association and the Florida-Caribbean Cruise Association. Official Event Partner: Hong Kong Tourism Board.

For information about exhibiting or attending Cruise Shipping Asia-Pacific visit www.cruiseshippingasia.com

WHERE: Hong Kong Convention & Exhibition Centre, Hong Kong. For more information, visit www.hkcec.com

MEDIA REGISTRATION: Media credentials are issued to bona fide journalists covering the convention. Review the media policy, request a media registration online or contact Jennifer Rosen.

Media Contact: Jennifer Rosen, +1-212-600-3332, Jennifer.rosen@ubm.com

Social Media
Additional news, information and announcements about Cruise Shipping Asia-Pacific are available at www.cruiseshippingasia.com.  Find Cruise Shipping on Facebook, on Twitter, LinkedIn and YouTube.

About UBM
UBM connects people and creates opportunities for companies across five continents to develop new business, meet customers, launch new products, promote their brands and expand their markets. Through premier brands such as Routes, CPhI, IFSEC, TFM&A, Cruise Shipping Miami, the Concrete Show and many others, UBM exhibitions, conferences, awards programs, publications, websites and training and certification programs are an integral part of the marketing plans of companies across more than 20 industry sectors.

About UBM Asia (www.ubmasia.com)
Owned by UBM plc listed on the London Stock Exchange, UBM Asia is Asia’s leading exhibition organizer and the biggest commercial organizer in mainland China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global network of 30 offices and over 1,200 staff in 25 major cities. We operate in 19 market sectors with 160 exhibitions, 75 conferences, 28 trade publications, 18 vertical portals and virtual event services for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world.

About Seatrade
Connecting the global cruise community — www.seatrade-global.com   
Established 40 years ago, Seatrade is a leader in cruise and maritime publications, conferences and exhibitions, training, awards and other special projects. Regular events include international trade exhibitions and conferences across all maritime sectors, management training courses for shipping professionals, training seminars for travel agents and award schemes, including the Seatrade Insider Cruise Awards. Seatrade publications include magazines, supplements and yearbooks, whilst Seatrade Insider provides daily cruise news online at www.seatrade-insider.com

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TMT Chairman and CEO Hsin-Chi Su Files US$100 million IP Suit over Vessel Sale

HONG KONG, Aug. 21, 2014 /PRNewswire/ — Hsin-Chi Su, Chairman and CEO of Today Makes Tomorrow Group (“TMT”) launched a suit in Texas federal court on July 28, 2014, alleging that a planned bankruptcy sale of three company ships, including M.V.D Whale, M.V.G Whale and M.V.H Whale, to Mega International Commercial Bank Co. Ltd. (Mega Bank) will strip him of intellectual property worth more than US$100 million for each ship. According to Ken Liang’s deposition at the court, Mega Bank is the agent for vulture fund Oaktree Capital Group.

U.S. Bankruptcy Judge Marvin Isgur recently signed off on a sale of the ships to Mega Bank without adequately protecting Su’s interest in the boats’ patented technology. For this reason, Su wants the federal district court to either issue a declaratory judgment clarifying that Judge Isgur’s order approving the sale of the ships “free and clear” of any liens did not extinguish his rights under several Asian patents he holds, or force Mega Bank to immediately compensate him for the loss of his intellectual property, over US$100 million for each ship.

Judge Isgur declined to adjudicate his patent rights, but left open the possibility that the TMT executives could pursue infringement claims against either Mega Bank or TMT if it is later determined that Su’s intellectual property was improperly transferred.

Su said “I deeply regret that Judge Isgur declined to adjudicate the patent rights. The practice of selling the ships of TMT to a US company without securing the permission of patent rights owners is tantamount to selling pirated copies. This reminds me of the Asian financial crisis in 1997, when foreign funds aggressively acquired Asian companies at low prices.”

Su designed an underdeck piping structure for the ships, which he patented in Japan, Korea and China, but allowed TMT to use it without a license.

In this case, the sale orders did not determine ownership of the Asian patents. Hence, Su owns the Asian patents and retains his rights to enforce the Asian patents by, among other things, suing infringers regardless of the sale orders.

Second Annual “Rama Rebbapragada Award for Outstanding Contribution to the Cruise Industry in Asia” Accepting Nominations for Extraordinary Recipient

NEW YORK, Aug. 18, 2014 /PRNewswire/ — Drawing on the success of the inaugural award at last year’s Cruise Shipping Asia-Pacific event, UBM, organizers of the show, are now accepting nominations for the second annual Rama Rebbapragada Award for Outstanding Contribution to the Cruise Industry in Asia.

Photo – http://photos.prnewswire.com/prnh/20140815/136529
Photo – http://photos.prnewswire.com/prnh/20140815/136530

This award will honor an individual who has made a particularly noteworthy contribution to the development of the cruise industry in Asia, distinguishing his or herself through dedication to, and passion for, the industry within the Pan-Asia region.

The award’s namesake, Rama Rebbapragada, embodied this dedication. During his quarter-century-long career with Royal Caribbean International, Rebbapragada created awareness of the potential of the Asia-Pacific cruise market to the international cruise community, while being a true friend to all who knew him all over the world.

The recipient will be chosen by a select group of industry leaders, and will be presented during Cruise Shipping Asia-Pacific by Dr. Zinan Liu, Vice President, China and Asia, Royal Caribbean Cruises Limited, who was a friend and colleague of Rebbapragada’s for many years. “I am so proud to have the honor of presenting this prestigious award in the name of my friend Rama, who was one of the most dedicated, loyal and passionate advocates for Royal Caribbean,” said Liu. “He made a particular mark in waking the world’s most populous region up to cruising. I look forward to sharing the stage with one who shares the same vision and aspirations as he did for the Asia cruise market.”

Nominees will be judged on the following criteria:

  • Made an outstanding contribution to the cruise industry in the Asia-Pacific region in 2014.
  • Served to significantly raise the profile, visibility and credibility of the cruise industry in Asia.
  • Represented the industry with dignity and professionalism

Nominations may be submitted to UBM by emailing christopher.dauer@ubm.com by October 15, 2014.

Cruise Shipping Asia-Pacific will take place November 20-21, 2014 at the Hong Kong Convention & Exhibition Centre. For information about exhibiting or attending Cruise Shipping Asia-Pacific visit www.cruiseshippingasia.com.  Details regarding the Rama Rebbapragada Award may be found by clicking here.

Cruise Shipping Asia-Pacific is organized by UBM in partnership with Seatrade Communications and is exclusively supported by Cruise Lines International Association and the Florida-Caribbean Cruise Association. Official Event Partner: Hong Kong Tourism Board.

WHERE: Hong Kong Convention & Exhibition Centre, Hong Kong. For more information, visit www.hkcec.com

MEDIA REGISTRATION: Media credentials are issued to bona fide journalists covering the convention. Review the media policy, request a media registration online or contact Jennifer Rosen.

Media Contact: Jennifer Rosen, +1-212-600-3332, Jennifer.rosen@ubm.com

Social Media
Additional news, information and announcements about Cruise Shipping Asia-Pacific are available at www.cruiseshippingasia.com.  Find Cruise Shipping on Facebook, on Twitter, LinkedIn and YouTube.

About UBM
UBM connects people and creates opportunities for companies across five continents to develop new business, meet customers, launch new products, promote their brands and expand their markets. Through premier brands such as Routes, CPhI, IFSEC, TFM&A, Cruise Shipping Miami, the Concrete Show and many others, UBM exhibitions, conferences, awards programs, publications, websites and training and certification programs are an integral part of the marketing plans of companies across more than 20 industry sectors.

About UBM Asia (www.ubmasia.com)  
Owned by UBM plc listed on the London Stock Exchange, UBM Asia is Asia’s leading exhibition organizer and the biggest commercial organizer in mainland China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global network of 30 offices and over 1,200 staff in 25 major cities. We operate in 19 market sectors with 160 exhibitions, 75 conferences, 28 trade publications, 18 vertical portals and virtual event services for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world.

About Seatrade
Connecting the global cruise community – www.seatrade-global.com   
Established 40 years ago, Seatrade is a leader in cruise and maritime publications, conferences and exhibitions, training, awards and other special projects. Regular events include international trade exhibitions and conferences across all maritime sectors, management training courses for shipping professionals, training seminars for travel agents and award schemes, including the Seatrade Insider Cruise Awards. Seatrade publications include magazines, supplements and yearbooks, whilst Seatrade Insider provides daily cruise news online at www.seatrade-insider.com

Hyundai Heavy Industries Shipbuilding Division Joins Marintec China 2015

Industry Leader Confirms Participation in the Largest Maritime International Trade Fair in Asia

HONG KONG, Aug. 13, 2014 /PRNewswire/ — Marintec China 2015, The All China Maritime Conference and Exhibition, will once again present the maritime industry’s largest international trade fair in Asia. 

Organised by UBM Asia, the largest commercial trade fair organiser in Mainland China, and the Shanghai Society of Naval Architects and Ocean Engineers (SSNAOE), this biennial exhibition and conference projects a strong showing vis-a-vis high re-booking rate of industry leaders and recent favourable news of cooperation and expansion of partnerships from China’s government to other nations. Marintec China 2015 takes place 1-4 December 2015 at the Shanghai New International Expo Centre (SNIEC) in Shanghai, China.

Hyundai Heavy Industries – Shipbuilding Division, one of the world’s largest shipbuilders with a 15% share of the market, confirms their participation at Marintec China 2015, with expectations of showcasing the innovative projects which makes them a global shipbuilding leader in categories such as Shipbuilding, Offshore & Engineering, and Green Energy.

China’s shipbuilding industry is booming. From Chinese leader’s official visit to Greece to significantly advance business deals, the two countries signed more than 20 government and commercial agreements worth approximately USD 5 billion covering a range of sectors including logistics, energy, shipping and property. Moreover, opportunities have further opened between Russia and China on several large-scale infrastructure projects, including cooperation in shipbuilding. According to public industrial data in 2013, China’s ocean engineering orders reached a total value of USD 18 billion, 29.5 percent of the global market, an increase of 16 percent year-on-year.   

UBM, co-organiser of Marintec China and other events serving the cruise and general maritime industries worldwide also recently announced its acquisition of Seatrade Communications Ltd. —  a long-time partner of Marintec China. The acquisition is expected to foster further promotional, partnership related, and international synergistic effects for Marintec China 2015.

“We are both honoured and excited to have Hyundai Heavy Industries – Shipbuilding Division participate at Marintec China 2015,” said Ms Stella Fung, Event Director for Marintec China.  “The fair has always served as a global business and meeting platform for the industry, but with Hyundai Heavy Industries Shipbuilding Division’s participation as well as several other industry giants coming on board, the recent Seatrade Communications Ltd. acquisition, and China’s projected growth and increase international cooperation, Marintec China 2015 is expected to serve even higher levels of importance.”

Marintec China 2013 attracted more than 57,886 visitors from 88 countries and regions — marking a solid increase of 13 percent over the previous event. Total exhibition space expanded to over 70,000 square metres with an increase of 50 percent of exhibitors confirming their bookings over the last period. A total of 74 percent of exhibitors showed a willingness to participate whilst some even requested to increase their exhibition stand size at Marintec China 2015.

The highly qualified visitor profiles underline Marintec China as the preeminent maritime trade fair in Asia. Over 58 percent of Marintec China’s visitors are shipbuilders, owners and naval architects.  They came to the fair largely looking for hardware, professional services, software and systems.  Please view the 2013 Marintec China show report for more detailed information on the website or through this direct download option.

Companies interested in exhibiting in the fair are welcome to visit our website at http://www.marintecchina.com.

Notes to Editor:

For fair details, please contact:

Stella Fung
Event Director
UBM Asia Ltd
17/F, China Resources Building
26 Harbour Road, Wanchai, Hong Kong
Tel: +852-2827-6211
Fax: +852-3749-7347
Email: marintec-hk@ubm.com
Website: www.marintecchina.com

Shanghai Society of Naval Architects & Ocean Engineers
21/F Bo Hong Tower
495 Jiangning Road
Shanghai 200041
China
Tel: +86-21-5466-0311
Fax: +86-21-6258-1223
Email: ssname@ssname.com.cn
Website: www.marintecchina.com

For media enquiries, please contact:

Carmen Choy
Senior Marketing Communications Executive
UBM Asia Ltd
Tel: +852-2827-6211
Fax: +852-3749-7347
Email: carmen.choy@ubm.com
Website: www.marintecchina.com

Fan Cheng Yang
Shanghai Society of Naval Architects & Ocean Engineers
21/F Bo Hong Tower
495 Jiangning Road
Shanghai 200041
China
Tel: +86-21-5466-1236
Fax: +86-21-6258-1187
Email: admin@ssname.com.cn
Website: www.marintecchina.com

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CEVA Holdings LLC Announces Results for the Second Quarter Ended 30 June 2014

HOOFDDORP, Netherlands, Aug. 11, 2014 /PRNewswire/ —  

  • New business wins increase 31% over prior year
  • Oceanfreight volumes up 7% over prior year, exceeding industry growth
  • Senior management team strengthened with industry hires
  • Adjusted EBITDA up 40% sequentially from Q1

CEVA Holdings LLC, one of the world’s leading non-asset based supply chain management companies, today reported results for the three months ended 30 June 2014.  

Key Financials ($ millions)

Quarter

Q2 2014

Q1 2014

% Change

Revenue

1,978

1,865

6%

Adjusted EBITDA[1]

60

43

40%

[1] Excludes the impact of specific items which are significant non-recurring items such as restructuring and certain legal expenses.

Xavier Urbain, CEO of CEVA, said, “Our performance improvement coupled with the strong increase in our new business pipeline points to the company being on the right track for growth. Since joining CEVA in January, I have focused on strengthening the executive management team, expanding our current talent base with additional industry experience to drive forward our strategy, building revenue and improving operational efficiency for the benefit of our customers. The numbers show we are gaining traction and are positioned well to make further progress in the future.

“I am especially pleased with the progress made in rebuilding the leadership team, particularly the new additions. They know the industry and our customers. This allowed them to hit the ground running and make immediate contributions. Volume trends as we exited the quarter were encouraging and I am looking for even more from the entire team in the near future.”

Revenue of $1,978 million declined 4.2% in the second quarter compared to $2,064 million for the same period a year earlier, driven by the prior year’s successful recapitalization, and termination of lower margin business.  Second quarter revenues were up 6.1% sequentially compared to the first quarter. Airfreight and Oceanfreight reported export volumes up both sequentially and year-on-year.  Oceanfreight volumes were up 7% from the prior year, evidencing the company’s early success in the 2014 tender season and well above industry growth. Airfreight volumes increased 1% from the prior year, strengthening as we exited the quarter, with three week rolling volumes up 4% in June.

For the second quarter, adjusted EBITDA of $60 million was 40% ahead of the previous quarter, and adjusted EBITDA as a percentage of revenue improved from 2.3% to 3.0%, reflecting continuing strength in Contract Logistics and the termination of lower margin business. EBITDA came in 25% lower than in the same period a year earlier as Freight Management revenues were impacted by lower rates in the market.  CEVA, however, was able to maintain net revenue margins versus the prior year.

The company’s new business wins were up 31% over the prior year, increasing to $763 million, compared to $582 million[2] for the same period in 2013. CEVA’s investment in its tender management, trade lane management and field sales force each contributed to the improved level of wins in the quarter. CEVA is accelerating plans to improve productivity and on a like-for-like basis, and expects more than 5% cost reductions in the second half of the year.

[2]

New business wins based on expected annualized revenue of new contracts

CEVA – Making business flow

CEVA Logistics, one of the world’s leading non-asset based supply-chain management companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 44,000 employees in more than 170 countries are dedicated to delivering effective and robust supply-chain solutions across a variety of sectors where CEVA applies its operational expertise to provide best-in-class services across its integrated network. For more information, please visit www.cevalogistics.com

SAFE HARBOR STATEMENT:

This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company’s expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2014 and beyond, and the other non-historical statements. These statements can be identified by the use of words such as “believes” “anticipates,” “expects,” “intends,” “plans,” “continues,” “estimates,” “predicts,” “projects,” “forecasts,” and similar expressions. All forward-looking statements are based on management’s current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company’s global operations, fluctuations and increases in fuel prices, the Company’s substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. Further information concerning the Company and its business, including factors that potentially could materially affect the Company’s financial results, is contained in the Company’s annual and quarterly reports, available on the Company’s website, which investors are strongly encouraged to review. Should one or more of these risks or uncertainties materialize or the consequences of such a development worsen, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.

Contact:

Mike Darcy
+31-622-482-604
mike.darcy@cevalogistics.com

UBM Buys Seatrade Communications to Enhance Maritime Industry Offering

HONG KONG, Aug. 1, 2014 /PRNewswire/ — UBM, owner and organiser of Cruise Shipping Miami, Marintec China, Sea Japan, and other events serving the Cruise and General Maritime industries worldwide, today announces its acquisition of Seatrade Communications Ltd. 

Seatrade is recognised as a brand leader in the global business to business maritime industries. The company’s Cruise sector events include Seatrade Latin America Cruise Convention and Seatrade Middle East Cruise Forum, supported by Seatrade Cruise Review and the online portal Seatrade Insider. General Maritime events include Sea Asia in Singapore and Seatrade Middle East Maritime in Dubai, supported by the online Seatrade Global portal and Seatrade Magazine. In the Offshore Marine space it organises Seatrade Offshore Marine and Workboats Middle East in Abu Dhabi.

UBM and Seatrade have a long history of successful partnership on various maritime events worldwide. This acquisition brings together the two leading portfolios in this sector, serving to simplify the events landscape for customers and industry stakeholders alike.

Seatrade has been led by its Executive Chairman and owner Chris Hayman since 2003. Chris will remain with the business as Chairman, ensuring continuity of relationships, content and strategic guidance.The business will remain headquartered in Colchester, UK, with its offices in Dubai, Singapore and China continuing to drive growth in these regions.

Michael Duck, UBM’s Global Maritime Director and Executive Vice President of UBM Asia said:

“We have enjoyed a successful partnership with Seatrade for many years, and are delighted to now bring UBM and Seatrade together as one business to better serve our community of customers, delegates and readers across the maritime world. The unified portfolio and management structure will create a simplified, coherent and stronger global offering for our clients. From both a company and personal perspective, I am delighted that Chris Hayman – who is widely known and respected throughout the maritime industry – will be staying with the business. We look forward to working with him and the world class teams at both UBM and Seatrade over the coming years.”

Chris Hayman, Seatrade’s Chairman and owner, said: “Seatrade’s strategy of developing high quality events and global intelligence for the general shipping, offshore marine and cruise sectors, fits well with UBM’s world class events in these fields. We look forward to working with them to expand our combined global reach, and to provide the kind of content which is so critical to success in these dynamic industry sectors.”

Contacts

Mike Tan,

Senior Vice President,

UBM Asia

 

T: +852 2585 6120

E: mike.tan@ubm.com

 

Peter Bancroft,

Director of Communications,

UBM plc

 

T: +44 (0) 20 7921 5961

E: communications@ubm.com

Logo – http://www.prnasia.com/sa/2010/04/19/20100419602891.jpg

Notes to Editors

1. About UBM plc

UBM plc is a leading global events-led marketing services and communications company. We help businesses do business, bringing the world’s buyers and sellers together at events, online and in print. Our 5,000 staff in more than 20 countries are organised into specialist teams which serve commercial and professional communities, helping them to do business and their markets to work effectively and efficiently.

For more information, go to www.ubm.com; follow us on Twitter at @UBM_plc to get the latest UBM corporate news; follow @UBMNews for news from all UBM’s businesses; follow @UBM for a flavour of UBM from selected members of UBM’s Twitterati.

2. Website links

Marintec China: www.marintecchina.com

Sea Japan: www.seajapan.ne.jp/en

Cruise Shipping Miami www.cruiseshippingevents.com/miami

Sea Asia: www.sea-asia.com

Seatrade Latin America Cruise Convention: www.latinamerica-cruise.com

Seatrade Middle East Cruise Forum: www.seatrade-middleeastcruise.com

Seatrade Middle East Maritime: www.seatrade-middleeast.com

Seatrade Offshore Marine and Workboats Middle East: www.middleeastworkboats.com

Seatrade Global: www.seatrade-global.com

Seatrade Insider: www.seatrade-insider.com

Seatrade Magazine: www.seatrademagazine.com

3. Image

A high resolution image of Michael Duck, UBM’s Global Maritime Director and Executive Vice President of UBM Asia, and Chris Hayman, Seatrade’s Chairman, is available on request.