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<?xml version="1.0" encoding="utf-8"?><?xml-stylesheet href="https://www.acnnewswire.com/rss/rss2full.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="https://www.acnnewswire.com/rss/itemcontent.css" type="text/xsl" media="screen"?><rss version="2.0"><channel><title>ACN Newswire</title><link>https://www.acnnewswire.com</link><description>ACN Newswire press release news - Recent Press Releases</description><item><title>14th Asian Logistics, Maritime and Aviation Conference concludes today</title><pubDate>Tue, 19 Nov 2024 21:27:00 +0800</pubDate><description><![CDATA[<img src="https://www.acnnewswire.com/images/company/HKTDC3.jpg" border="0" />- Over 80 experts and industry leaders in the maritime, air freight, logistics and supply chain sector shared insights on major issues facing the industry - The conference attracted some 2,200 participants from over 30 countries and regions - Strong participation and support from new and emerging markets, including ASEAN and Middle East, reinforced Hong Kong’s status as a ‘superconnector’ and ‘super value-adder’ between Mainland China and global marketsHONG KONG, Nov 19, 2024 - (ACN Newswire) - The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC) jointly organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC) concluded today. This year’s ALMAC featured over 80 experts and industry leaders from the maritime, air freight, logistics and supply chain sector speaking on major issues facing the industry at over 20 conference sessions. The conference attracted some 2,200 participants from over 30 countries and regions, providing a platform for industry players and shippers to explore global business opportunities and establish resilient and sustainable supply chains. This reinforces Hong Kong’s position as an international aviation hub and assists in its development into a high-quality green maritime fuel bunkering centre, thereby enhancing the international status and competitiveness of Hong Kong ports.Over 300 business-matching sessions were arranged, demonstrating Hong Kong’s status as a ‘superconnector’ and ‘super value-adder’ between Mainland China and global markets.Shaping resilient and sustainable supply chainsThemed “Shaping the Future of Supply Chains: Resilience and Sustainability”, multiple forums were hosted to address three major trends in the industry, namely supply chain transformation and new market opportunities, sustainability and green energy, and innovation and technology.In today's rapidly changing global landscape, the dynamics of supply chains are undergoing a substantial transformation. Effective supply chain management plays a pivotal role in combating uncertainty and future-proofing development of enterprises. In the session “Steering Business Growth: Building an Evolving Supply Chain”, Kalyan Chakravorty, Senior Director Global Productivity, Benchmarking & Analytics, MondelÄ“z International, shared his views on the challenges and the opportunities. "When we think about building resilience in a supply chain, we need to think about it as an ecosystem. No single person or single company runs the entire supply chain. It’s often difficult to replicate the entire ecosystem in a new place without challenges," he said.Jotaro Tamura, Senior Managing Executive Officer, Mitsui O.S.K. Lines, shared his thoughts on Hong Kong as an international shipping centre in the same session. " Hong Kong is connected to the maritime industry and the maritime industry is connected to Hong Kong, which makes Hong Kong significant in all aspects," he said.Potential new trade linesSupply chain disruption has exposed the vulnerabilities associated with concentrated distribution hubs. To build more resilient networks, businesses must explore alternative trade routes. In the session “Navigating New Trade Lines for Mitigating Disruptions”, Wilson Kwong, Chief Executive, Hong Kong Air Cargo Terminals, shared his perspective on Hong Kong as an international aviation hub, the city’s connectivity to global markets and new trade lines. "I think the government has to develop new trade links such as how the Hong Kong SAR government is working very closely with the Belt and Road countries and regions. With the commencement of the three-runway system, the cargo capacity of the Hong Kong International Airport will be raised to 10 million tonnes per annum in the next decade. This is certainly a milestone for us. At HACTL, we have never stopped investing. Working with a government that facilitates business, a business-friendly Airport Authority, and a very engaging and cooperative community, leads me to be very positive about the future," he said.Logistics efficiency through technologyInnovation and digitalisation play a pivotal role in improving the efficiency of global value chains. Speakers in the Logtech Forum: Amplifying Digital Supply Chains through Innovation and Integration session explored strategies for seamlessly integrating technologies across supply chains. Shamika N. Sirimanne, Director, Division on Technology and Logistics, UN Trade & Development shared her views on the strategies for seamless integration of various technologies across supply chains to optimise overall performance. “Compared to the other industrial revolutions of our past, starting from the steam engine and so forth, in this digital revolution the difference is that it's an extremely fast-moving technology and the windows of opportunity are open for a very short period. If you don’t capture it, then you lose something. It's a concern with this new technology. It's a different technology than what you have experienced,” she said.Local logistics talentThe Hong Kong’s NextGen Logistician Award Presentation Ceremony took place on the second day of the conference. Instituted by the Transport and Logistics Bureau in the Action Plan on Modern Logistics Development, the award aims to recognise young professionals in the logistics industry who have made significant achievements and shown remarkable potential in innovative, high-end, smart and green logistics. Liu Chun-san, Under Secretary for Transport and Logistics, HKSAR Government, presented the awards. Wendy Huang Shu-yao received the Emerging Talent Award, Queenie Yip Tsz-tung received the Young Professional Award, and Billy Yeung Wai-piu, Keno Cheung Tai-yip and Tyrell Au Ka-wai received the Young Executive Award.Photo Download: <a href="https://bit.ly/3UWXTPM">https://bit.ly/3UWXTPM</a><table style="width: 651px;" border="1" width="671" cellspacing="0" cellpadding="0"><tbody><tr><td style="width: 649px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22963/20241119181942/resize/1_EDY_0732_230x138.JPG" alt=""></td></tr><tr><td style="width: 649px;">The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC) jointly organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC) concluded today, attracting some 2,200 participants from over 30 countries and regions</td></tr><tr><td style="width: 649px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22963/20241119181942/resize/2_DIR_2703_230x153.JPG" alt=""></td></tr><tr><td style="width: 649px;">Kalyan Chakravorty, Senior Director Global Productivity, Benchmarking & Analytics, MondelÄ“z International</td></tr><tr><td style="width: 649px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22963/20241119181942/resize/3_DIR_2831_230x153.JPG" alt=""></td></tr><tr><td style="width: 649px;">Jotaro Tamura, Senior Managing Executive Officer, Mitsui O.S.K. Lines</td></tr><tr><td style="width: 649px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22963/20241119181942/resize/4_DIR_4412_230x153.JPG" alt=""></td></tr><tr><td style="width: 649px;">Wilson Kwong, Chief Executive, Hong Kong Air Cargo Terminals</td></tr><tr><td style="width: 649px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22963/20241119181942/resize/5_DIR_4253_230x153.JPG" alt=""></td></tr><tr><td style="width: 649px;">Shamika N. Sirimanne, Director, Division on Technology and Logistics, UN Trade & Development</td></tr><tr><td style="width: 649px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22963/20241119181942/resize/6_MC__9447_230x115.JPG" alt=""></td></tr><tr><td style="width: 649px;">The Hong Kong’s NextGen Logistician Award recognises young talent in the logistics industry</td></tr><tr><td style="width: 649px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22963/20241119181942/resize/7_GPN_7587_230x153.JPG" alt=""></td></tr><tr><td style="width: 649px;">Over 300 business-matching sessions were arranged, demonstrating Hong Kong’s status as the superconnector and super value-adder between Mainland China and global markets</td></tr></tbody></table> ALMAC: <a href="https://www.almac.hk/main/en/">https://www.almac.hk/main/en/</a>Media enquiriesYuan Tung Financial Relations: Agnes Yiu    Tel: (852) 3428 5690     Email: <a href="mailto:ayiu@yuantung.com.hk">ayiu@yuantung.com.hk</a> Edmund Choi  Tel: (852) 3428 2360     Email: <a href="mailto:echoi@yuantung.com.hk">echoi@yuantung.com.hk</a>HKTDC Communications & Public Affairs Department: Stanley So   Tel: (852) 2584 4049     Email: <a href="mailto:stanley.hp.so@hktdc.org">stanley.hp.so@hktdc.org</a> Clayton Lauw Tel: (852) 2584 4472     Email: <a href="mailto:clayton.y.lauw@hktdc.org">clayton.y.lauw@hktdc.org</a>HKTDC Media Room: <a href="http://mediaroom.hktdc.com/">http://mediaroom.hktdc.com</a> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/93986/</link><guid>https://www.acnnewswire.com/press-release/english/93986/</guid><category>Trade Shows, Transport & Logistics, Regional</category><stock_tickers>HKG:0558691D</stock_tickers><summary>The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC) jointly organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC) concluded today. This year's ALMAC featured over 80 experts and industry leaders from the maritime, air freight, logistics and supply chain sector speaking on major issues facing the industry at over 20 conference sessions.</summary><featuredimage /></item><item><title>14th Asian Logistics, Maritime and Aviation Conference opens today</title><pubDate>Mon, 18 Nov 2024 18:21:00 +0800</pubDate><description><![CDATA[<img src="https://www.acnnewswire.com/images/company/HKTDC3.jpg" border="0" />- The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC) takes place at the Hong Kong Convention and Exhibition Centre on 18 and 19 November- Under the theme “Shaping the Future of Supply Chains: Resilience and Sustainability”, over 80 distinguished speakers will participate in more than 20 forums to exchange views and discuss the latest industry developments- The first day of the conference features a special address by Chan Kwok-ki, Acting Chief Executive of the HKSAR; Fu Xuyin, Vice Minister of the Ministry of Transport, the People's Republic of China, and officials from ASEAN countries, reinforcing Hong Kong’s position as a superconnector and an international shipping centre and aviation hub- Sessions focus on three major trends – supply chain diversification, sustainability and green energy and innovation and technologyHONG KONG, Nov 18, 2024 - (ACN Newswire) - Following the Resolution of the Third Plenary Session of the 20th Central Committee of the Communist Party of China and measures proposed in the latest Policy Address to strengthen Hong Kong’s status as an international shipping centre and  aviation hub, the 14th Asian Logistics, Maritime and Aviation Conference (ALMAC), co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), commences today at the Hong Kong Convention and Exhibition Centre, under the theme “Shaping the Future of Supply Chains: Resilience and Sustainability”.  As an annual event for the logistics, maritime, aviation and supply chain industries, the two-day conference gathers more than 80 heavyweight speakers, including government officials and industry leaders, to discuss industry trends and opportunities to help promote high-quality development of the logistics and supply chain management industry.Chan Kwok-ki, Acting Chief Executive of the HKSAR, delivered a special address, followed by Fu Xuyin, Vice Minister of the Ministry of Transport, the People's Republic of China, Loke Siew Fook, Minister of Transport, Malaysia, H.E. Heng Nan, Secretary of State of Ministry of Public Works and Transport, Kingdom of Cambodia, H.E. Saysongkham Manodham, Vice Minister of Public Works and Transport Lao PDR, and H.E. Nguyen Xuan Sang, Deputy Minister of Transport, Vietnam. ASEAN is Hong Kong's second-largest trading partner, with a total bilateral trade of US$144.6 billion last year. As Hong Kong is actively seeking membership of the Regional Comprehensive Economic Partnership (RCEP), trade relations between Hong Kong and ASEAN are poised to deepen further. The participation of government officials from ASEAN countries in the conference underscores the robust cooperation between Hong Kong and ASEAN.Margaret Fong, HKTDC Executive Director, said in her welcome remarks: “In today’s fast-moving world, global trade has been buffeted by numerous headwinds, including geopolitical tensions and tariffs. This is further compounded by global logistics bottlenecks, rising freight rates, increased focus on sustainability and the growing uptake of digitalisation. As businesses grapple with such a complex environment, it is evident that effective supply chain management is the essential engine that drives sustained growth in global trade. It plays a pivotal role in combating uncertainty and future-proofing business operations. Reflecting the vital importance of Asian supply chains in today’s interconnected world, this year’s ALMAC will zero in on global business opportunities and supply chain management.Chan Kwok-ki, Acting Chief Executive of the HKSAR, said in his special address: “We see long-term opportunity in Hong Kong’s rise as a green and smart port.  Our Action Plan on Maritime and Port Development Strategy outlines that promising future, including building green fuel-bunkering capabilities. Just three days ago, we published an action plan on developing Hong Kong into a green maritime fuel-bunkering centre.  Combining our aviation and maritime strengths, Hong Kong has long been a major cargo gateway to and from the Greater Bay Area.”He additionally mentioned: “We will also step up efforts to develop Hong Kong into a cross-boundary, e-commerce logistics and distribution centre. This year’s Asian Logistics, Maritime and Aviation Conference is all about creating a resilient and sustainable future for global supply chains.  And Hong Kong is determined to play a vital part in that promising future.”As the engine of business operations, supply chain management plays a pivotal role in combating uncertainty and future-proofing development. The first day featured a session titled “Steering Business Growth: Building an Evolving Supply Chain” hosted by Kelvin Leung, the immediate past President of the Chartered Institute of Logistics & Transport in Hong Kong. Speakers including David O. King, Senior Vice President, Commercial, SEKO Logistics, Jotaro Tamura, Senior Managing Executive Officer, Mitsui O.S.K. Lines, and representatives from international brands - including Arjen van Diepen, Head of Global Strategic Planning, the HEINEKEN Company, Bjoern Neal Kirchner, Corporate Vice President, Supply Chain Management, Henkel, and Kalyan Chakravorty, Senior Director, Global Productivity, Benchmarking & Analytics, MondelÄ“z International - analysed the challenges and opportunities encountered by global supply chains and delved into how supply chain transformation and innovation could drive business expansion and foster sustainable development.A newly introduced session, “Navigating New Trade Lines for Mitigating Disruptions”, brought together industry leaders, including David O. King, Senior Vice President, Commercial, SEKO Logistics, Wilson Kwong, Chief Executive, Hong Kong Air Cargo Terminals, Eng. Loay Mashabi, Managing Director, Saudia Cargo, Louis Tang, Managing Director, Ocean Network Express (East Asia), and Delia Sun, Head of Supply Chain Management, DKSH. The session explored supply chain diversification and how emerging markets in Asia, the Middle East and North America can help enterprises build more resilient networks.Two Air Freight Forums explore Hong Kong’s future as an aviation hubBeginning operations at the end of this month, the Hong Kong International Airport three-runway system will significantly enhance the airport’s passenger and cargo capacity and help consolidate Hong Kong’s position as an international aviation hub. Co-organised with the Airport Authority Hong Kong, two air freight forums “Cargo Aviation Hub of the World” and “Digital Air Cargo and Global Trade Ecosystem” feature experts including Tom Owen, Director, Cargo, Cathay Cargo, Dereje Derero, Managing Director, Ethiopian Cargo and Logistics Services, Ming Chan, Associate Fintech Director, Financial Infrastructure Department, Hong Kong Monetary Authority, and Philip Chan, Head of Wholesale Digital, Hang Seng Bank, to discuss how the cargo industry can enhance Hong Kong’s competitive edge as an international aviation hub through collaboration in premium warehousing, digital technology, and talent development.Day 2 focus on sustainability and green energy, 5 workshops will be held in the afternoonGiven society’s greater emphasis on climate change action, more and more businesses across different industries are striving to reduce their carbon footprint and move towards net-zero emissions. Hong Kong is also committed to developing as a green maritime centre. In tomorrow’s sessions “Fostering Sustainable Trade: Embracing Future-proofing Supply Chains and the debut “Green Energy Forum: Energy Transition towards Net Zero Emissions”, Pernille Dahlgaard, Chief Officer of Government, Business & Analytics, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, Achim Martinka, Vice President, Global Airfreight-Commercial & Sustainability, DSV, Scott Childress, Chief Sustainability Officer, UPS, and Paolo Gallieri, Chief Operation Officer, Zhero, will shed light on best practices in integrating sustainability and explore strategies and technologies that facilitate the energy transition.In addition to thematic forums, ALMAC will feature a series of workshops on environmental, social and governance (ESG) initiatives, e-commerce, youth empowerment, halal logistics, and air freight decarbonisation. Speakers from Shell Aviation, Hong Kong Air Cargo Terminals Limited, Arup, and DKSH will provide participants with practical insights and tips.Following last year’s success, this year's ALMAC exhibition continues to feature three zones including Logtech Salon, Supply Chain Management and Logistics Services, and Maritime and Port Services, showcasing innovative logistics and supply chain solutions from  90 exhibitors, including three major Hong Kong air cargo terminals (Hong Kong Air Cargo Terminals, Cathay Cargo Terminal, and Asia Airfreight Terminal), together with other leading companies such as Mitsui O.S.K. Lines and Ocean Network Express. The Hong Kong Association of Freight Forwarding and Logistics and Hong Kong Science and Technology Parks (HKSTP) also host exhibition pavilions.The HKTDC encourages enterprises to leverage its trade platform and events to seek global business opportunities. Business matching sessions are offered at ALMAC, bringing together shippers and service providers to foster business partnerships and promote industry development.Photo downloadï¸°<a href="https://bit.ly/4fwil2m">https://bit.ly/4fwil2m</a><table style="width: 658px;" border="1" width="671" cellspacing="0" cellpadding="0"><tbody><tr><td style="width: 656px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22962/20241118175205/resize/1_DIR_2552_230x153.JPG" alt=""></td></tr><tr><td style="width: 656px;">In her welcome remarks, Margaret Fong, Executive Director of the Hong Kong Trade Development Council (HKTDC), said: “Reflecting the vital importance of Asian supply chains in today’s interconnected world, this year’s ALMAC will zero in on global business opportunities and supply chain management.”</td></tr><tr><td style="width: 656px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22962/20241118175205/resize/2_EDY_0545_230x138.JPG" alt=""></td></tr><tr><td style="width: 656px;">The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC), jointly organised by the HKSAR Government and the HKTDC, commenced today at the Hong Kong Convention and Exhibition Centre and will run until tomorrow</td></tr><tr><td style="width: 656px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22962/20241118175205/resize/3_DIR_3939_230x144.JPG" alt=""></td></tr><tr><td style="width: 656px;">Chan Kwok-ki, Acting Chief Executive of the HKSAR, delivered special remarks at ALMAC</td></tr><tr><td style="width: 656px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22962/20241118175205/resize/4_DIR_4044_230x153.JPG" alt=""></td></tr><tr><td style="width: 656px;">Fu Xuyin, Vice Minister of the Ministry of Transport, the People’s Republic of China, delivered special remarks at ALMAC</td></tr><tr><td style="width: 656px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22962/20241118175205/resize/5_DIR_4077_230x153.JPG" alt=""></td></tr><tr><td style="width: 656px;">Loke Siew Fook, Minister of Transport, Malaysia, delivered special remarks at ALMAC</td></tr><tr><td style="width: 656px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22962/20241118175205/resize/6_EDY_0509_229x138.JPG" alt=""></td></tr><tr><td style="width: 656px;">ALMAC features three exhibition zones including Logtech Salon, Supply Chain Management and Logistics Services, and Maritime and Port Services, showcasing innovative logistics and supply chain solutions from 90 exhibitors</td></tr></tbody></table> ALMAC: <a href="https://www.almac.hk/main/en/">https://www.almac.hk/main/en/</a> ALMAC programme: <a href="https://almac.hktdc.com/conference/almac/en/programme">https://almac.hktdc.com/conference/almac/en/programme</a> ALMAC speaker list: <a href="https://almac.hktdc.com/conference/almac/en/speaker">https://almac.hktdc.com/conference/almac/en/speaker</a>Media enquiriesYuan Tung Financial Relations: Agnes Yiu     Tel: (852) 3428 5690          Email: <a href="mailto:ayiu@yuantung.com.hk">ayiu@yuantung.com.hk</a> Edmund Choi   Tel: (852) 3428 2360          Email: <a href="mailto:echoi@yuantung.com.hk">echoi@yuantung.com.hk</a>HKTDC Communications & Public Affairs Department: Stanley So    Tel: (852) 2584 4049          Email: <a href="mailto:stanley.hp.so@hktdc.org">stanley.hp.so@hktdc.org</a> Clayton Lauw  Tel: (852) 2584 4472          Email: <a href="mailto:clayton.y.lauw@hktdc.org">clayton.y.lauw@hktdc.org</a>HKTDC Media Room: <a href="http://mediaroom.hktdc.com/">http://mediaroom.hktdc.com</a>About HKTDCThe <a href="https://www.hktdc.com/">Hong Kong Trade Development Council (HKTDC)</a> is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 <a href="https://aboutus.hktdc.com/en/#global-network">offices</a> globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises<a href="https://event.hktdc.com/?eventFormat=Exhibition&location=all"> international exhibitions</a>, <a href="https://event.hktdc.com/?eventFormat=ConferenceForum&location=all">conferences</a> and <a href="https://event.hktdc.com/?location=all">business missions</a> to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via <a href="https://research.hktdc.com/en/">research reports</a> and <a href="http://mediaroom.hktdc.com/">digital news channels</a>. For more information, please visit: <a href="http://www.hktdc.com/aboutus">www.hktdc.com/aboutus</a>.  Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/93946/</link><guid>https://www.acnnewswire.com/press-release/english/93946/</guid><category>Trade Shows, Transport & Logistics, Regional</category><stock_tickers>HKG:0558691D</stock_tickers><summary>Following the Resolution of the Third Plenary Session of the 20th Central Committee of the Communist Party of China and measures proposed in the latest Policy Address to strengthen Hong Kong's status as an international shipping centre and aviation hub, the 14th Asian Logistics, Maritime and Aviation Conference (ALMAC)</summary><featuredimage /></item><item><title>ALMAC to open mid-November</title><pubDate>Tue, 05 Nov 2024 18:46:00 +0800</pubDate><description><![CDATA[<img src="https://www.acnnewswire.com/images/company/HKTDC3.jpg" border="0" />- The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC) will take place on 18 and 19 November at the Hong Kong Convention and Exhibition Centre - Under the theme of “Shaping the Future of Supply Chains: Resilience and Sustainability”, ALMAC aims to strengthen Hong Kong's position as an international shipping centre, in alignment with the Resolution of the Third Plenary Session of the 20th Central Committee of the Communist Party of China and measures proposed in the latest Policy Address - Around 80 distinguished speakers will delve into discussions on how to create resilient and sustainable supply chains - 2,000+ participants from more than 30 countries and regions are expected to attend - Discussions will focus on 3 major trends - supply chain diversification, sustainability and green energy and innovation and technologyHONG KONG, Nov 5, 2024 - (ACN Newswire) - The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC), co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and Hong Kong Trade Development Council (HKTDC), will take place on 18-19 November at the Hong Kong Convention and Exhibition Centre.Under the theme “Shaping the Future of Supply Chains: Resilience and Sustainability”, the event aligns with the Resolution of the Third Plenary Session of the 20th Central Committee of the Communist Party of China and supports measures proposed in the latest Policy Address to reinforce Hong Kong’s status as an international shipping centre and aviation hub and to foster the development of the city’s maritime industry. In addition to around 80 heavyweight speakers, the conference is expected to attract over 2,000 participants from more than 30 countries and regions to explore the latest trends and business opportunities in the aviation, logistics and maritime sectors, and to promote high-quality development of the logistics and supply chain management industry.Stephen Liang, Assistant Executive Director, HKTDC said: “As the flagship supply chain event in Asia, this year’s ALMAC presents an impressive line-up of experts from the aviation, logistics and maritime sectors, with a wide coverage of countries and regions, including Middle East, Central Asia and other regions, demonstrating Hong Kong's strength as a platform for international trade and investment. In addition to the attendance of  Fu Xuyin, Vice Minister of the Ministry of Transport, People’s Republic of China, for the first time a number of ASEAN officials are invited, including Loke Siew Fook, Minister of Transport Malaysia, H.E. Heng Nan, Secretary of State, Ministry of Public Works and Transport, Cambodia, H.E. Saysongkham Manodham, Vice Minister of Public Works and Transport, Lao PDR and Nguyá»…n Xuân Sang, Deputy Minister of Transportation, Vietnam. The support of leaders from these ASEAN member countries reinforces Hong Kong's position as a superconnector and an international shipping centre and aviation hub.”He said: "HKTDC has been promoting the advantages of Hong Kong's eight centre priority sectors and strengthening the development of high-value supply chain services. We encourage companies to leverage our trade platforms and activities and capitalise on Hong Kong's international platform to explore global opportunities."Three major trends in the logistics service industryThis year’s ALMAC will address three major trends in the logistics service industry: supply chain diversification and market opportunities, sustainability and green energy, and innovation and technology. The global landscape is rapidly changing and supply chain management plays a pivotal role in driving long-term business development. In addition, sustainability has emerged as a paramount focus for businesses aiming to future-proof their operations while innovative technologies and digitalization, such as AI, big data, robotics and drones, offer promising solutions to improve the efficiency of global value chains.Featured speakers include Dr Shamika N. Sirimanne, Director, Division on Technology and Logistics, UN Trade & Development; Dr Erez Agmoni, Head of Innovation (Logistics & Services), Maersk; Achim Martinka, Vice President Global Airfreight- Commercial & Sustainability, DSV; Arjen van Diepen, Head of Global Strategic Planning, The HEINEKEN Company; Bjoern Neal Kirchner, Corporate Vice President Supply Chain Management, Henkel; Rebekka Carey-Smith, Head of Sustainability, THE ICONIC; Nicholas Borsotto, Head of Lenovo AI Innovators and many more.Two debut thematic sessions exploring new trade lines and green energyDisruptions in supply chains have highlighted the vulnerabilities of relying on a single supply and distribution network. To build more resilient networks, businesses are exploring new trade routes to minimise the impact of disruptions on operations and customers.To examine new trade routes and opportunities for supply chain diversification and risk mitigation, a debut panel discussion “Navigating New Trade Lines for Mitigating Disruptions” will feature speakers such as Wilson Kwong, Chief Executive, Hong Kong Air Cargo Terminals Limited; Eng. Loay Mashabi, Managing Director, Saudia Cargo; David O. King, Senior Vice President, Commercial, SEKO Logistics, Delia Sun, Global Head of Supply Chain, DKSH; and Louis Tang, Managing Director, Ocean Network Express (East Asia).The Policy Address proposed developing Hong Kong into a leading green international maritime centre. To explore long-term sustainable solutions, strategies and technologies that facilitate energy transition, this year's conference will include an inaugural “Green Energy Forum: Energy Transition towards Net Zero Emissions”, which will be hosted by Peter Thompson, East Asia Energy Business Leader, Arup. Speakers including Scott Childress, Chief Sustainability Officer, UPS; Marcella Franchi, Chief Marketing Officer and Head of SAF, Haffner Energy; Paolo Gallieri, Chief Operation Officer, Zhero; Neil McDonald, Managing Director, Gold Hydrogen Limited; Benjamin Mee, Executive Director, HyTerra Ltd.20 thematic forums and workshops over two daysTogether with forums related to the 3 major trends, ALMAC will feature some 20 thematic forums and workshops, including special sessions on air freight, shipping, supply chain management and logistics. The Global Spectrum session on the first day, Navigating Global Supply Chains for Inclusive Growth, will explore how governments and businesses can mitigate the impact of supply chain disruptions on global trade.Shippers are key stakeholders in the logistics industry, accounting for one-third of ALMAC participants last year. Speakers from international brands, including leading fashion brand THE ICONIC, electronics brand Lenovo, food and beverage brands such as MondelÄ“z International, Heineken and Henkel, and fast-moving consumer goods company Reckitt will shed light on supply chain transformation and development.ALMAC will continue to host a series of workshops this year, covering topics including e-commerce, youth development, and new subjects including Halal Logistics and sustainable fuel. Industry experts from Shell Aviation, Hong Kong Air Cargo Terminals Limited, Arup, and DKSH will provide practical, hands-on tips for participants. The debut workshop titled “Seamless Integration of Halal Logistics in the Global Halal Supply Chain” will delve into strategic approaches to the seamless integration of halal practices across the entire supply chain process, and how businesses can achieve halal compliance.Hong Kong’s NextGen Logistician Awards promotes the logistics industryThe Hong Kong’s NextGen Logistician Awards Presentation Ceremony will take place on the second day of the conference. It is a new annual award for the logistics industry advocated by the Transport and Logistics Bureau in the Action Plan on Modern Logistics Development and jointly organised by the Hong Kong Shippers' Council and the Hong Kong Logistics Association with the support of the Hong Kong Logistics Development Council and the Hong Kong Trade Development Council. It aims to recognise young talents in the logistics industry who have made significant achievements and shown remarkable potential in innovative, high-end, smart and green logistics. The Secretary for Transport, Lam Sai-hung, will attend the Ceremony.Exhibition area to feature three major air cargo terminalsALMAC will also feature some 90 exhibitors to showcase the latest supply chain management and logistics technology solutions in three exhibition zones including Logtech Salon, Supply Chain Management and Logistics Services, and Maritime and Port Services. The “Logtech Salon”, which was first held last year, showcases artificial intelligence, big data and cloud technologies applicable to the industry. Three of Hong Kong’s major air cargo terminals, Hong Kong Air Cargo Terminals, Cathay Cargo Terminal, and Asia Airfreight Terminal will participate in the exhibition, together with other leading companies such as Mitsui O.S.K. Lines, Ocean Network Express. The Hong Kong Association of Freight Forwarding and Logistics and Hong Kong Science and Technology Parks (HKSTP) will host exhibition pavilions.Business matching sessions will continue to be offered to bring together shippers and service providers to create business opportunities and promote industry development.Photo download: <a href="https://bit.ly/3Cbp2Ih">https://bit.ly/3Cbp2Ih</a><table style="height: 309.781px; width: 664px;" border="1" width="695" cellspacing="0" cellpadding="0"><tbody><tr style="height: 201.797px;"><td style="height: 201.797px; width: 662px;"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22955/20241105171418/resize/DSC01778_230x172.JPG" alt=""></td></tr><tr style="height: 107.984px;"><td style="height: 107.984px; width: 662px;">Stephen Liang, Assistant Executive Director, HKTDC (second left); Frankie Yick, Chairman, HKTDC Logistics Services Advisory Committee and Legislative Council member (Functional Constituency - Transport) (second right); Wilson Kwong, Chief Executive, Hong Kong Air Cargo Terminals Limited (first right); and Gary Lau, Chairman, Hong Kong Association of Freight Forwarding and Logistics Limited (first left), took part in the ALMAC media briefing  </td></tr></tbody></table> Media enquiriesYuan Tung Financial Relations: Agnes Yiu        Tel: (852) 3428 5690          Email: <a href="mailto:ayiu@yuantung.com.hk">ayiu@yuantung.com.hk</a> Edmund Choi      Tel: (852) 3428 2360          Email: <a href="mailto:echoi@yuantung.com.hk">echoi@yuantung.com.hk</a>HKTDC’s Communications & Public Affairs Department: Stanley So      Tel: (852) 2584 4049          Email: <a href="mailto:stanley.hp.so@hktdc.org">stanley.hp.so@hktdc.org</a> Clayton Lauw    Tel: (852) 2584 4472          Email: <a href="mailto:clayton.y.lauw@hktdc.org">clayton.y.lauw@hktdc.org</a>HKTDC Media Room: <a href="http://mediaroom.hktdc.com/">http://mediaroom.hktdc.com</a> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/93688/</link><guid>https://www.acnnewswire.com/press-release/english/93688/</guid><category>Trade Shows, Transport & Logistics, Electronics, Regional</category><stock_tickers>HKG:0558691D</stock_tickers><summary>The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC), co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and Hong Kong Trade Development Council (HKTDC), will take place on 18-19 November at the Hong Kong Convention and Exhibition Centre.</summary><featuredimage /></item><item><title>CIMC Group Announces the First Three Quarters Results for 2024</title><pubDate>Tue, 29 Oct 2024 22:02:00 +0800</pubDate><description><![CDATA[<img src="https://www.acnnewswire.com/images/company/CIMC220.jpg" border="0" />Result Highlights 01.In the first three quarters of 2024, the operating revenue of the Group was RMB128.971 billion, increased 35.58% year-on-year. The net profit attributable to shareholders and other equity holders of the parent company amounted to RMB1.828 billion, increase 268.87% year-on-year. The net profit attributable to shareholders and other equity holders of the parent company after deducting nonrecurring profit or loss amounted to RMB1.692 billion, increased 40.34% year-on-year.02.Demand and supply for container shipping-related businesses remained robust, with the cumulative sales volume of standard dry containers in container manufacturing increasing by 421.78%; core product lines in logistics services achieved year-on-year growth in both volume and price.03.For marine engineering business revenue increased by 77.75% year-on-year. New orders that have taken effect in the first three quarters increased by 121% year-on-year to USD 3.25 billion, setting a record high in the order history. For the first time, it broke through product types and won FLNG modification package orders.HONG KONG, Oct 29, 2024 - (ACN Newswire) - China International Marine Containers (Group) Co., Ltd. (“CIMC Group” or the “Group”, stock code: 000039.SZ/02039.HK) is pleased to announce the unaudited third-quarter results for the nine months ended 30 September 2024 (the “Period”).   In the first three quarters of 2024, CIMC Group's overall operating performance accelerated, with revenue increased by 35.58% year-on-year to RMB 128.971 billion (RMB, the same below) (2023 Q3: RMB 95.124 billion). Net profit attributable to shareholders and other equity holders of the Company was RMB 1.828 billion (2023 Q3: RMB 496 million), a year-on-year increase of 268.87%. The net profit attributable to shareholders and other equity holders of the parent company after deducting nonrecurring profit or loss amounted to RMB 1.692 billion (2023 Q3: RMB 1.205 billion), a year-on-year increase of 40.34%. From a single quarter perspective, CIMC Group's net profit attributable to shareholders and other equity holders of the Company increased by 891.78% year-on-year to RMB 962 million in the third quarter, and the net profit attributable to shareholders and other equity holders of the parent company after deducting nonrecurring profit or loss increased by 280.89% to RMB 871 million.In the container manufacturing business, it saw a significant year-on-year increase in production and sales volume. The cumulative sales volume of standard dry containers increased by 421.78%. The demand of global container trade picked up in the first three quarters of 2024. In response to the risk of container shortage brought about by these uncertain events such as the prolonged Red Sea conflict and port strikes, customers had stronger willingness to reserve containers. As a result, during the the first three quarters of 2024, the production and sales volume of the Group’s container manufacturing business witnessed a significant year-on-year increase. In particular, the accumulated sales volume of dry containers reached 2,486,300 TEUs (same period in 2023: 476,500 TEUs), representing a year-on-year increase of approximately 421.78%. The accumulated sales volume of reefer containers reached 93,400 TEUs (same period in 2023: 80,100 TEUs), representing a year-on-year increase of approximately 16.60%. According to the prediction made by CLARKSONS, in September 2024, the growth of global container trade will significantly increase from 0.7% in 2023 to 5.2% in 2024, and in 2025, the global container trade is expected to see a further growth of 2.8%.In the marine engineering business, as new orders entered the construction period successively, the offshore engineering business of the Group recorded a year-on-year increase of 77.75%. In the first three quarters of 2024, the amount of effective new orders increased by 121% year-on-year to USD 3.25 billion, hitting a record high in order values and making breakthrough in product type for the first time by winning a packages order for FLNG modification. The accumulated value of orders on hand increased by 42% to USD 7.4 billion. Among which the proportion of oil and gas business, wind power installation vessels and ro-ro ships was approximately 3:1:1. Due to local war and the slowdown of global new energy transformation, international oil prices remained high, the offshore engineering equipment market continued its recovery.In the airport facilities and logistics equipment, fire safety and rescue equipment business, the Group is striving to explore more new pathways for business development with national economic stimulus measures contributing to a year-on-year increase in new orders for the first three quarters. The Group achieved a year-on-year increase in revenue and profit due to the increased number of projects which have passed inspection and acceptance and have been delivered as compared to the same period last year. Following the establishment of a project company to develop ground power services for civil aviation in the middle of the year, CIMC Tianda is striving to explore more new pathways for business development by venturing into new areas that have synergistic effect with airport facilities and fire safety businesses, thus promoting diversification and long-term sustainable development of business.In the logistics services business, both revenue and profitability index experienced significant year-on-year growth, with core product lines achieving increases in both business volume and price. Following the global expansion strategy of Chinese enterprises closely, the Group’s logistics services business deeply focused on customer-specific needs, deepened organizational integration to support the theme of high-quality development, and targeting overseas markets such as the United States and Southeast Asia, while enhancing its “digital intelligence” capabilities. In the third quarter, the Group further expanded sea freight service chain. Focus was put on advancing air freight routes connecting Central Asia and product offerings for European lines was further expanded. The Group integrated internal specialised land transport resources to establish a land transport company to carry out external operations in a unified way.For road transportation vehicle business, the Group sold a total of 94,749 vehicles in the global market, achieved revenue of RMB15.823 billion, representing a year-on-year decrease of 19.14%. In the domestic market, the growth of the logistics and transportation sector slowed down, putting pressure on the terminal market of commercial vehicles. However, thanks to the comprehensive implementation of the “StarLink Project”, the overall domestic vehicle sales have seen a commendable increase year-on-year against the trend. In the overseas market, as the demand for semi-trailers in North America returned to a normal level, the sales of semi-trailers in North America declined year-on-year in the first three quarters; demand in the European semi-trailer market decreased with affected by the fluctuation in shipping supply chain of European routes. CIMC Vehicles actively advanced supply chain restructuring and business synergistical integration in Europe while actively exploring new customers in other overseas markets at the same time. In particular, the Australian operations maintained a growth trend.In the energy, chemical and liquid food business, CIMC Enric steadily achieved an overall revenue growth of 8.0% year-on-year to RMB17.969 billion. As of the end of September 2024, CIMC Enric’s overall orders on hand amounted to approximately RMB27.732 billion, representing a year-on-year increase of 25.2%. The accumulated new orders signed in the first three quarters amounted to RMB20.761 billion, representing a year-on-year increase of 5.1%. In 2024, both apparent consumption and imports of domestic natural gas increased, driving significant growth in both offshore and onshore clean energy businesses. The revenue of the clean energy segment soared by 26.2% year-on-year to RMB12.599 billion in the first three quarters of 2024. The chemical and environment business modestly recovered amid the gradual improvement in global demand for chemical tank containers. The segment registered a quarter-on-quarter revenue increase of 21.5% in the third quarter. The orders on hand of the liquid food segment was ample and the business revenue increased steadily in the first three quarters of 2024.The management of the Group stated, “Although the recovery of the world economy faces challenges, the Group has overcome difficulties in 2024 amid a rebound in global container trade demand, and the recovery of the offshore engineering market, striving to maintain stability while improving quality. Core business orders were strong, and overall profitability has improved. Looking ahead, the Group will continue to strengthen its global layout strategy, consolidate the foundation of its global operating platform, seize key opportunities in productivity and technological innovation, and continue to create new value and momentum to achieve high-quality growth goals.”About China International Marine Containers (Group) Co., Ltd. The CIMC Group is a world leading equipment and solution provider in logistics and energy industries, and its industry cluster mainly covers logistics and energy fields, strengthening its position as a global market leader. In the logistics field, the Group still adheres to taking container manufacturing business as its core business, based on which to develop road transportation vehicles business, airport facilities and logistics equipment/fire safety and rescue equipment business and to a lesser extent, logistics services business and recycled load business providing products and services in professional field of logistics; in the energy field, the Group is principally engaged in energy/chemical/liquid food equipment business and offshore engineering business; meanwhile, the Group also continuously develops emerging industries and has finance and asset management business that serves the Group itself. As a diversified multinational industrial group that shoulders the mission of global serving, CIMC owns 3 listed companies and over 300 member enterprises in Asia, North America, Europe, Australia and others, and extensive customers and sales networks covering more than 100 countries and regions. During the year, the Group recorded a revenue of RMB127.81 billion, with gross profit margin remained at 13.77% and net profit of RMB 1.863 billion. The Group was ranked 170th in the Fortune 500 China 2023. For more information, please visit <a href="http://www.cimc.com/">http://www.cimc.com/</a>. Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/93593/</link><guid>https://www.acnnewswire.com/press-release/english/93593/</guid><category>Transport & Logistics, Manufacturing</category><stock_tickers>HKG:2039, SHE:000039</stock_tickers><summary>China International Marine Containers (Group) Co., Ltd. ("CIMC Group" or the "Group", stock code: 000039.SZ/02039.HK) is pleased to announce the unaudited third-quarter results for the nine months ended 30 September 2024 (the "Period"). </summary><featuredimage /></item><item><title>New CEO Commits to Strengthening OMP's Leadership in Advanced Supply Chain Planning</title><pubDate>Tue, 29 Oct 2024 15:00:00 +0800</pubDate><description><![CDATA[<img src="https://www.acnnewswire.com/images/company/OMP.jpg" border="0" />ANTWERPEN, BELGIUM, Oct 29, 2024 - (ACN Newswire) - In a leadership transition at the Antwerp-based supply chain specialists, Anita Van Looveren will step into her new role as Chairwoman of the Board of Directors on November 1, after nearly 25 years in the CEO role and almost 40 years with the company. Paul Vanvuchelen, Global Delivery Lead, will succeed her as CEO, beginning a new chapter for OMP with a focus on strengthening its leadership in advanced supply chain planning. In her new position, Anita Van Looveren will continue to work closely with Paul Vanvuchelen, offering strategic guidance and support.<a href="https://cdn.nwe.io/files/x/26/6c/4e855efc1aad08fc595e1528b125.jpg" rel="nofollow"><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn.nwe.io/files/x/77/df/4b7230cc2eb218103ac578039acb.jpg" alt="" width="550"></a>Anita Van Looveren and Paul VanvuchelenUnder the stewardship of company founder Georges Schepens and long-time CEO Anita Van Looveren, OMP has grown into a global leader inadvanced supply chain planning. Since its inception in 1985, OMP has built a strong reputation by working with an expanding portfolio of customers, including innovative startups and blue-chip giants. OMP has helped them navigate challenging market conditions, geopolitical issues, and, most recently, the worldwide pandemic. Georges Schepens, as outgoing Chair, will remain a member of the Board.Pioneering advanced supply chain planningBased in Antwerp, Belgium, OMP employs over 1,200 people worldwide and serves some of the world's most iconic and innovative companies, principally in the life sciences, consumer goods, chemical, metals, and paper, plastics & packaging <a href="https://stats.nwe.io/x/html?final=aHR0cHM6Ly93d3cub21wLmNvbS9pbmR1c3RyaWVz&sig=ghJUd5SG-evg4EMWs8Ema1yKjltH2W86B1eYmgFgwcbBNuJXxU_0Ww445FdqztczdIozJA__fthkfTJB4in8Pw&hit%2Csum=WyI0bGg4Y3UiLCI0bGg4Y3YiLCI0bGg4Y3ciXQ" rel="nofollow">industries</a>. OMP was recently recognized as a leading force in supply chain planning in the Gartner Magic Quadrant for the ninth successive year. This recognition highlights OMP's ability to deliver tangible results while driving its vision of embedding innovation into future supply chain solutions.A seasoned leader in the industryPaul Vanvuchelen takes over at a time when the world's supply chains in every industry are under severe pressure from global events and evolving market conditions. With a longstanding track record as a business leader in the metals industry prior to his work at OMP, Paul Vanvuchelen served as former CEO at Aperam Stainless Belgium and Chief Performance Officer at Aperam Global. He is credited with successfully transforming and optimizing the company's footprint and supply chain, significantly improving costs, inventories, and service levels, through digitalization, automation, and organizational efficiency projects.After joining OMP in 2013, Paul Vanvuchelen began as metals industry lead before moving to the role of Global Delivery Lead. He is known among colleagues and customers alike for his deep understanding of supply chains and the business acumen required to lead OMP into the next phase of its journey.Delivering real value in a world of constant changeAs he takes up his new role, Paul Vanvuchelen pays tribute to Anita Van Looveren: "It's a great honor to succeed Anita and lead this exciting business. Supply chain planning affects everyone all over the world, and we at OMP help global enterprises get better and better at it every day. It's especially challenging and thrilling in a world of constant change, with new technologies emerging at a rapid pace."Transitioning to her new role, Anita Van Looveren praises Paul Vanvuchelen's leadership and team spirit: "Paul has been a driving force at OMP for many years, encouraging colleagues to maximize their potential. I'm confident he'll continue to do that in his new role, allowing every individual to bring real value to our customers."Continuity and stakeholder collaborationThe transition has been carefully planned to have no effect on OMP's shareholder structure. The company's ambition for future growth remains intact, thanks in large to the expertise and dedication of its global teams, who develop, implement, and support OMP's next-generation <a href="https://stats.nwe.io/x/html?final=aHR0cHM6Ly93d3cub21wLmNvbS9zb2x1dGlvbg&sig=UMFXHiyixUA7wtNLOwkA8geMRogLtlwcO1j-iOTzNkyR34_2Q0hGAspz9NsPLnz9DTqXARz3LrwiTHQmvFpPXQ&hit%2Csum=WyI0bGg4Y3giLCI0bGg4Y3kiLCI0bGg4Y3ciXQ" rel="nofollow">Unison Planning™</a> solution.About OMPOMP helps companies facing complex planning challenges to excel, grow and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries - spanning consumer goods, life sciences, chemicals, metals, paper, plastics & packaging - benefit from using OMP's unique Unison Planning™.Contact Information Katleen Rybczynski Senior Communications Manager <a href="mailto:krybczynski@omp.com">krybczynski@omp.com</a> +32 3 650 23 22SOURCE: OMP Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/93567/</link><guid>https://www.acnnewswire.com/press-release/english/93567/</guid><category>Transport & Logistics</category><stock_tickers /><summary>In a leadership transition at the Antwerp-based supply chain specialists, Anita Van Looveren will step into her new role as Chairwoman of the Board of Directors on November 1, after nearly 25 years in the CEO role and almost 40 years with the company.</summary><featuredimage /></item><item><title>Leoch International and Consortium for Battery Innovation Co-organized 2024 CBI Global Battery Innovation Summit</title><pubDate>Tue, 29 Oct 2024 00:37:00 +0800</pubDate><description><![CDATA[<img src="https://www.acnnewswire.com/images/company/leoch220px.jpg" border="0" />HONG KONG, Oct 29, 2024 - (ACN Newswire) - Leoch International Technology Limited ('Leoch International' or the 'Company', Stock Code: 842.HK) pleased to announce that the 2024 CBI Global Battery Innovation Summit ('CBI Innovation Summit'), co-organized by Consortium for Battery Innovation ('CBI') and Leoch International and hosted by Zhaoqing Leoch Battery Company, had its grand opening and was successfully held from 23rd to 25th October in Zhaoqing City, Guangdong Province, China.The CBI Innovation Summit is the only annual international conference organized by CBI in Zhaoqing City, China, and it is also an essential technical conference for the lead battery industry in the world. More than 1,500 elite representatives from the global battery industry gathered to explore the advanced concepts, cutting-edge technologies, and market development of the new energy storage industry and to join hands to promote the international exchange and cooperation of battery products and technologies to create a better future for the development of the battery industry.Mr. Zhang Aijun, Secretary of Zhaoqing Municipal Committee; Mr. Liu Jingbo, Standing Committee Member of Municipal Committee and Vice Mayor of Zhaoqing; Mr. Wang Jianxin, Vice President and Executive Secretary of China Battery Industry Association (CBIA); Dr. Alistair Davidson, Director of CBI; Prof. Zhang Jiujun, Chief Scientist of Leoch International and Foreign Academician of the Chinese Academy of Engineering; Dr. Dong Li, Chairman of Leoch International and Ph.D. in Materials Science, and other distinguished guests attended the conference and delivered various keynote speeches.<figure class="image align-center"><img src="https://photos.acnnewswire.com/20241028leoch1.jpg" alt="" width="450" height="300"><figcaption>（2024 CBI Global Battery Innovation Summit）</figcaption></figure><figure class="image align-center"><img src="https://photos.acnnewswire.com/20241028leoch2.jpg" alt="" width="450" height="300"><figcaption>Dr. Dong Li, Chairman of Leoch International, delivered a  welcome speech on behalf of the organizer.</figcaption></figure><figure class="image align-center"><img src="https://photos.acnnewswire.com/20241028leoch3.jpg" alt="" width="450" height="301"><figcaption>Dr. Alistair Davidson, Director of CBI, delivered a keynote speech on "The Future of the Global Lead-Acid Battery Industry"</figcaption></figure><figure class="image align-center"><img src="https://photos.acnnewswire.com/20241028leoch4.jpg" alt="" width="450" height="300"><figcaption>Dr. Dong Li, Chairman of Leoch International delivered a  keynote speech on "Sustainable Development"</figcaption></figure><figure class="image align-center"><img src="https://photos.acnnewswire.com/20241028leoch5.jpg" alt="" width="450" height="301"><figcaption>A Grand Appreciation Dinner at CBI Innovation Summit</figcaption></figure>On the morning of October 25, the CBI high-level closed-door meeting ended, ending the three-day 2024 Global Battery Innovation Summit. The conference, with rich reports, a wide range of participants, high academic standards, and a strong academic atmosphere, brought participants the power of science and technology, the power of progress, and the ambition to win.The end of the conference does not mean the end but the beginning of a new journey. Leoch International and other guests expressed that they would continue to learn and innovate to realize the new goals of the CBI Innovation Summit and contribute to the development of the economy and society. Leoch International will work together with CBI and other guests to explore the new world of the battery industry with technology-driven innovation.About Leoch International Technology LimitedLeoch International Technology Limited (“Leoch International”) is dedicated to becoming a leading global energy solution provider. It primarily engages in the R&D, manufacturing and distribution of energy storage systems and new energy batteries in power solution business (including reserve power batteries, automobile SLI batteries and motive power batteries) as well as recycling business. Currently, Leoch International has 18 production facilities and over 80 sales offices, serving customers from over 130 countries and regions. The self-proprietary battery products enjoy great competitiveness and influence in the global market and are widely applied in over 10 industries including new energy vehicles, data center, communications, electricity, railway and new energy storage. Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/93554/</link><guid>https://www.acnnewswire.com/press-release/english/93554/</guid><category>Transport & Logistics, EVs, Transportation, Manufacturing</category><stock_tickers>HKG:0842, HKG:842</stock_tickers><summary>Leoch International Technology Limited ('Leoch International' or the 'Company', Stock Code: 842.HK) is pleased to announce that the 2024 CBI Global Battery Innovation Summit ( 'CBI Innovation Summit' ), co-organized by Consortium for Battery Innovation ('CBI') and Leoch International and hosted by Zhaoqing Leoch Battery Company, had its grand opening and was successfully held from 23rd to 25th October in Zhaoqing City, Guangdong Province, China.</summary><featuredimage>https://photos.acnnewswire.com/tr:n-650/20241028leoch1.jpg</featuredimage></item><item><title>Eng Kong has installed Singapore's first automated seal dispenser system in one of their container depots</title><pubDate>Thu, 17 Oct 2024 13:36:00 +0800</pubDate><description><![CDATA[<img src="https://www.acnnewswire.com/images/company/EKH220.jpg" border="0" />- Eng Kong is the first depot in Singapore to trial and customised this technology, after several locations such as Korea's HMM PSA New-port Terminal in Busan who has also adopted similar technology. - The Singapore version is environmentally friendly as it will address carbon emissions, carbon footprint and reduce air pollution due to paperless processing. - Significant productivity, safety and manpower advantages with process times halved. Drivers can remain in their vehicles while streamlining the depot administration process. - Eng Kong plans to expand the system to its other Singapore depots by 1Q2025, potentially boosting efficiency and boosting throughput. SINGAPORE, Oct 17, 2024 - (ACN Newswire) - EKH Pte Ltd. (“Eng Kong” or the “Company”, and together with its subsidiaries, the “Group”), one of Asia-Pacific’s largest shipping container depot operators, has installed and customised Singapore’s first automated container seal dispenser systems to fit their depot’s Container Management Systems (CMS) systems.The Group intends to expand the system to its other three Singapore depots by 1Q2025 and eventually its mega depot 3Q2026. Eng Kong’s mega depot, spanning 80,000 square metres, will be Singapore’s largest depot. The system will have significant productivity, safety and manpower advantages compared to traditional methods. <img style="display: block; margin-left: auto; margin-right: auto;" src="https://photos.acnnewswire.com/DriverCollection.jpg" alt="" width="650" height="314">Container seals are required to prevent theft and unauthorized access to the container contents. Previously, the seal collection process was highly manual, administrative and time-consuming, taking an average of 30 minutes before drivers could obtain seals.Eng Kong's wholly owned subsidiary, Eng Kong Container Agencies Pte Ltd, has installed and customised Singapore’s first fully automated seal dispenser system which has helped cut collection time by half. The system is fully localized for Eng Kong’s depots, ensuring seamless integration with their current logistics infrastructure.Drivers now follow a seamless and safer flow, and no longer need to disembark their vehicles - much like a drive through. Upon entering the depot, time-consuming procedures are now eased up with the use Automated Gate Registration, Acceptance and Payment Functions with the use of Depot Appointment Information and Licensed Plate Recognition (LTR) Licensed Plate Recognition (LPR) technology and a cashless payment system. The driver then collects and quality-checks the container and seals at the automated seal dispenser.Labour shortage pressures could be further eased through automation, drivers will be able to transport more containers, and administrative staff could be trained for more strategic positions.In Singapore, a total of 39.01 million TEUs were processed in 2023(1). At Eng Kong’s domestic depots, the introduction of automated seal dispensers is expected to significantly boost efficiency. As each minute saved per container adds up significantly, it has been estimated that this new initiative can save up to an estimated 50,000 of man-hours per annum for the entire process from the time the driver arrives, processing, mounting the containers and collecting the seal from the dispenser machine near the entrance. These time savings will enable for reskilling the staff to other job opportunities, enhancing workforce capabilities and booth the driver(s) earning, while increase efficiency.Additionally, Singapore’s handling capacity is expected to double once the PSA Tuas Port is completed in 2040(2). Traffic congestion around busy depots will be eased and safety for drivers improved as they no longer alight their vehicles. Labour shortage pressures could be further eased through automation, drivers will be able to transport more containers, and administrative staff could be trained for more strategic positions.Paul Ng, Co-Chairman of Eng Kong said, “As one of Singapore’s largest depot operators, we are committed to improving operational efficiency, reducing manual labour dependency and improving the safety of our depots. As Singapore’s depots transition to Tuas, which is set to be the world’s largest automated port, investing in automated solutions will allow Eng Kong to remain at the forefront of this digital transformation. The world is watching Singapore and depot operators have a role to play in embracing technology and integrating advanced solutions, driving progress across the industry.” (1) <a href="https://www.straitstimes.com/singapore/transport/s-pore-port-handled-record-3901-million-shipping-containers-in-2023#:~:text=SINGAPORE%20%E2%80%93%20Singapore's%20port%20handled%20a,port%20handled%2037.29%20million%20TEUs.">S’pore port handled record 39.01 million shipping containers in 2023, Straits Times, 13 Jan 2024</a> (2) <a href="https://www.seatrade-maritime.com/terminals/world-s-largest-automated-terminal-psa-tuas-port-pioneering-automation-transformation-with-event-driven-architecture">World’s largest automated terminal: PSA Tuas Port pioneering automation transformation with event-driven architecture, Seatrade Maritime News, 14 Feb 2024</a>About Eng KongFounded in 1975, Eng Kong is an integrated logistics operator and a key provider of container related services to global firms operating in the Asia-Pacific region. In 1986, Eng Kong broadened its business portfolio to become regional player. Eng Kong operates 20 fully integrated container depots spanning across Singapore, China, Malaysia, Hong Kong, Thailand, and Vietnam, totalling 705,100 sq. meters.Eng Kong provides comprehensive depot related services such as storage and handling, repair and maintenance, and new build container inspection and survey. Transportation. Over the years, we have established a sound reputation for reliable, cost-efficient service.For more information, please visit <a href="https://www.engkong.com/">https://www.engkong.com</a>.                            Issued for and on behalf of EKH Pte. Ltd. By Financial PRFor more information, please contact: Kamal SAMUEL / LEE Ke Wei E-mail: <a href="mailto:kamal@financialpr.com.sg">kamal@financialpr.com.sg</a> / <a href="mailto:kewei@financialpr.com.sg">kewei@financialpr.com.sg</a> Tel: +64 6438 2990 Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/93358/</link><guid>https://www.acnnewswire.com/press-release/english/93358/</guid><category>Transport & Logistics, ASEAN, Local Biz</category><stock_tickers>SGX:ENGK</stock_tickers><summary>EKH Pte Ltd., one of Asia-Pacific's largest shipping container depot operators, has installed and customised Singapore's first automated container seal dispenser systems to fit their depot's Container Management Systems (CMS) systems.</summary><featuredimage>https://photos.acnnewswire.com/tr:n-650/DriverCollection.jpg</featuredimage></item></channel></rss>