NOL accelerates promotion of Lieutenant General Ng Yat Chung as CEO
SINGAPORE-based Neptune Orient Lines (NOL) has announced that Ng Yat Chung has taken his position as new CEO three months ahead of schedule, succeeding Ron Widdows who now retires.
Lieutenant General Ng was Singapore's 5th Chief of Defence Force from 2003 to 2007. A former artillery officer, he studied math at Cambridge and took an MBA at Stanford. General Ng was also the top foreign graduate of the US Command and Staff College at Fort Leavenworth in 1988-89.
General Ng relinquished his command as defence chief and joined Temasek Holdings in a newly created position as its portfolio management managing director. He then moved to NOL as executive director.
"We have completed the implementation of our executive succession plan and are moving ahead under Yat Chung," said NOL chairman Cheng Wai Keung in a company statement. "There are important decisions to be made that will affect NOL into the future, thus it is a good time to put our new management team in place."
"It has become clear that the environment has changed, that numerous important decisions need to be taken and that most of those will have an effect on our business and our company well beyond the end of this year," said General Ng and Mr Widdows in a joint statement.
"As such, we both feel strongly that it is in the best interest of the company that the new leadership begins to drive the company and shape these important decisions now, and not wait until 2012," they said.
NOL is the parent of APL, the world's seventh-largest container carrier. The group's another major brand is APL Logistics, a global supply chain management firm.
CWT Globelink opens in Turkey with offices in Istanbul, Izmir and Bursa
SINGAPORE's CWT Globelink has announced the opening of three new offices in Turkey under its new operation, Globelink Unimar, that has been established through a long-standing relationship with Turkey's Unimar, its partner for 13 years.
Globelink Unimar will continue to be led by managing directors Yusufi Cihan and Kicki Ugurhan who plan to expand the company's presence and business scope in this growth market.
The company now has three offices in Turkey located in Istanbul, Izmir and Bursa, offering a range of activities in addition to LCL & FCL ocean freight activities, including air freight, road transportation and logistics capabilities.
Globelink Unimar has 40 direct import consolidation services into Ambarli and Haydarpasa ports in Istanbul and Izmir from various origins in China (Xingang, Qingdao, Shanghai, Ningbo, Shenzhen, Guangzhou and Hong Kong), North Asia (Korea, Japan, Taiwan), South East Asia (Singapore, Thailand), India, Middle East, Europe (Spain, Netherlands, Germany, UK, Italy) as well as the US and Brazil.
In addition, there are 20 direct export consolidation services from Istanbul and Izmir to various destinations in Asia (Singapore, Shanghai, Hong Kong, Port Klang), Europe (Rotterdam, Hamburg, Barcelona), as well as Middle East/Levant/North Africa (Dubai, Jeddah, Ashdod, Beirut, Alexandria, Port Said, Tunis, Casablanca).
APL Logistics wins Emerson Rosemounts best supplier
MINNEAPOLIS - 25 Aug 2011:
APL Logistics has received the best supplier award from global manufacturing technology giant Emersons Rosemount business unit for the second year in a row. Tom Moser, President of Emerson Process Management, handed out the 2010 Supplier of the Year award to the global third party logistics provider in Rosemounts annual strategic supplier summit held at Minneapolis, Minnesota, last month.
Its an honor for APL Logistics to be recognized by Emerson Rosemount two years in a row, said Tony Zasimovich, APL Logistics Vice President for International Logistics Services. Our collaborative relationship has enabled us to keep abreast of the clients changing global supply chain needs and continually drive efficiencies.
Last year, a program designed and implemented by APL Logistics enabled Rosemount to drastically cut its waiting time for access to imported materials for production in Singapore from between five and seven days to just 12 hours upon arrival. This empowers Rosemount to eliminate unnecessary urgent airfreight and production downtime. The customer also benefitted from full visibility of inventory movement and improved supply chain efficiencies with cost savings amounting to 25%.
Emerson is a diversified global manufacturing and technology company offering a wide range of products and services in the areas of network power, process management, industrial automation, climate technologies, and tools and storage businesses. Rosemount is Emersons industry leading brand of measurement instrumentation products.
Since 2002, APL Logistics has been a partner to Emersons supply chain worldwide. Today, the logistics service provider manages Emersons global ocean shipments out of Asia, Europe and North America.
MOL appoints new senior executives across Asian operations
MOL (Asia) Ltd has announced a string of senior appointments in the Asia liner regional headquarters in Hong Kong and in the Asian countries under its jurisdiction.
MOL Asia's chairman and managing director Michael Goh said: "To be a true global player and operator, MOL believes a mix of Japanese and local nationals work force with international orientation, outlook and background is crucial to maintain and expand our business around the globe. We are happy to see the recent appointments and promotions of a new generation of Japanese and local national staff to key positions."
Yutaka Hinooka, currently GM of the corporate planning group, will succeed Shinzo Kawamura as a director of Asia finance and administration activities and also supervise the Asia's systems and business process teams. Mr Hinooka will also have dual responsibilities for liner global administration and global human resources.
Sundeep Sibal, currently regional director for both the ASEAN south and west Asia regions, will relinquish his responsibilities for the west Asia region and will assume responsibilities of overseeing the Oceania region. He will remain as chairman and managing director for Singapore and as a director of information processing services in India. He will be based in Singapore and report to Mr Goh.
Mark Austin, currently director for Australia and New Zealand, will succeed Mr Yasuhiro Nishioka as chairman and managing director for the Oceania region. Both Alex Rawley, country director for Australia and Malcolm Woods, country director for New Zealand, will report to Mr Austin, who will be based in Sydney and report to Mr Sibal.
Kazuya Gakuto, currently president director of MOL Indonesia and director for Japanese dales activities in ASEAN south, will succeed Sundeep Sibal as the regional director for the west Asia region, which includes countries in the Indian subcontinent, the Middle East and East Africa. He will be based in Dubai and report to Mr Goh.
Djajady Pandjiwidjaja will assume the position of president director for Indonesia and continue as country director for Indonesia. He will report to Mr Sibal.
Mark Tipmabutr, currently a director in Thailand, will succeed Waki Ikemoto as country director for Thailand. He will report to Mitsujiro Akasaka, regional director for the ASEAN North region, which include Thailand, Vietnam and Cambodia.
Furthermore, Yasushi Furukawa will succeed Keiichiro Nakanishi as director/GM for Thailand's shipping division and concurrently assume the position of director for Japanese sales activities in ASEAN north. He will report to Mr Akasaka.