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    Shipping boom Vehicles bound for export wait in front of a Nippon Yusen K.K. car carrier ship in Yokohama City, Japan, in this file photo. Shipping companies are having a bonanza as demand for ships to transport goods and commodity-shipping rates remain high. --Bloomberg


     
    RP shippers will benefit
    from Damco’s new hub
     
    By VG Cabuag
    Reporter

    GLOBAL freight forwarder Damco said the launch of its Singapore hub earlier this month will help Philippine shippers because of shorter cargo transit time and increased sailing frequencies.

    In an e-mail message, Damco said transit time was shortened to five days from 14 days to the final destination within Asia.

    “Today, with the increased connectivity, it only takes, for example, five days for cargo from the Singapore hub to reach Manila,” said Jens Wessel, head of Damco for Asia-Pacific, in response to the BusinessMirror’s queries on how the Singapore hub would help shippers from the Philippines.

    “In addition, all the cargo passing through the hub stays within a controlled environment and Damco will work hard to ensure that transit times are consistently met so that customers are assured [of] reliable service,” he added.

    Damco’s new less-than-container-load hub, which has been in operation since the start of April, will now have more sailing frequencies and locations served, as well as reduced transit times and more cost-competitive offerings, the company said.

    It said that frequency of sailings would increase, on average, from one per week per destination to two or three sailings per week per destination, for most destinations. There is also likely to be up to seven times as many sailings-destination choices as there was previously, the company said.

    Its intra-Asia hub in Singapore offers services from 80 countries of origin worldwide to more than 288 destinations throughout Asia.

    The main origin countries, however, are still from the US and Europe. The less-than-container-load cargo is then collected at the hub in Singapore before being routed to final destinations throughout the intra-Asia region.

    Damco, which is part of the A.P. Moller-Maersk Group, works with all major ocean carriers and airlines, as well as local land-service providers such as trucking and customs brokers and a range of global and local service providers.

    The company was result of the merger between Dutch freight-forwarding company Damco Sea & Air and the forwarding activities of Denmark-based DSL Star Express.

    Established in 1988, Damco Sea & Air was P&O Nedlloyd’s forwarding arm.

    In 2005 the A.P. Moller-Maersk Group acquired Damco Sea & Air with the acquisition of P&O Nedlloyd. Since 2001 Maersk Logistics has been providing ocean freight-forwarding services in addition to its supply-chain management services.

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