Mexico lures 20 billion a year with groundbreaking energy bill: ‘An extraordinary moment’

international logistics service provider
international logistics service provider

Mexico’s Congress has approved a bill to end a 75-year state oil monopoly and generate as much as $20 billion in additional foreign investment annually. Secured with the required two-thirds majority in a lower-house vote yesterday, this is the country’s most significant economic reform since the North American Free Trade Agreement.

The bill will change Mexico’s charter to allow companies such as Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX)to develop the largest unexplored crude area, after the Arctic Circle. Supporters say the overhaul could propel Mexico into the top five crude exporting countries while opponents say it will funnel resource wealth to foreign investors.

Brian Youngberg, a St. Louis-based analyst at Edward Jones & Co., which represents oil producers including Chevron and Occidental Petroleum Corp. (OXY) believes that the easing in restrictions will help Pemex revive output and crack vast shale formations. “Mexico’s deep-water prospects in the Gulf of Mexico would be attractive to Exxon and Chevron, while shale tracts would probably lure EOG Resources Inc. (EOG) and ConocoPhillips.”

With a boost in foreign investment by as much as $15 billion annually and potential economic growth by half a percentage point, JPMorgan Chase & Co. predicts that the overhaul could bring an additional $20 billion foreign direct investment as soon as 2015 and further strengthen the peso as the market absorbs the news.

Since joining a free-trade agreement with the U.S. and Canada in 1994, Mexico has become one of the world’s most open trading economies.  “It’s an extraordinary moment,” said Tony Garza, former U.S. ambassador to Mexico. An adviser at law firm White & Case LLP in Mexico City said, “There’s potential to attract additional investment into shale and ultra-deep waters so that those resources can be exploited in a way that’s ultimately good for the country.”

Producers will be offered production-sharing contracts or licenses where they will own the oil pumped and are allowed to log crude reserves for accounting purposes. The energy overhaul has been ratified by a majority of Mexico’s 31 states, with the first contracts based on its model ready by the end of 2014.

Itrans is ready to support any opportunity that customers of Conqueror’s partners worldwide may start developing.

Conqueror partners with 12th Intermodal Africa North 2014

Intermodal Africa is the biggest and most established annual Container Ports, Shipping and Transport Logistics Exhibition and Conference event on the African continent – now in its 12th successful year!

best logistics network
best logistics network

Nigerian Ports Authority will bring this major international transport and logistics Exhibition and Conference event to Nigeria by hosting the 12th Intermodal Africa North 2014 Nigeria Exhibition and Conference at the Oriental Hotel in Lagos on Thursday 27 and Friday 28 March 2014.

A two days Conference Programme will feature 35 world-class conference speakers addressing topical issues and challenges on global transportation and logistics attended by a gathering of 700 senior executive delegates from the world’s leading shippers, cargo owners, importers / exporters, shipping lines, freight forwarders, logistics companies, ports, terminal operating companies, railway operators, port equipment and services suppliers from the Americas, Europe, Africa, The Middle East and Asia Pacific countries.

There will be the commercial opportunity for 100 exhibitors and sponsors to network face to face with 700 international senior executive decision makers at this major annual international maritime transport Exhibition and Conference trade event for Africa.Conqueror Freight Network is delighted to be and Official Supporting Organisation for this event and we encourage you our valued members to register a delegation to attend this important maritime transport trade event in our host country.

For further information, please contact the organiser, Engin BAKT on engin@transportevents.com or call the Kuala Lumpur office +60 38 023 53 52

 To find out about discounts available for Conqueror members.

Please contact Anna Barton on abarton@conquerornetwork.com.  

To see other industry events Conqueror is partnering, click here.

Conqueror partners with 6th Intermodal Asia 2014

Intermodal Asia is the biggest biennial Container Port and Terminal Operations Exhibition and Conference trade event in Australasia – now in its 6th successful year!

best logistics network
best logistics network

Port of Melbourne will bring this major international transport and logistics Exhibition and Conference event to Australia by hosting the 6th Intermodal Asia 2014 Australia Exhibition and Conference at the Intercontinental Melbourne The Rialto on Thursday 27 and Friday 28 February 2014.

The Conference Programme will feature 30 world class speakers in global logistics and transport and will be attended by more than 300 senior executive decision makers from Australasia’s leading ports, shippers, cargo owners, shipping lines, fhttp://www.transportevents.com/EventsDetails.aspx?EventID=EVE109reight forwarders, logistics companies, terminal operators, railway operators and port-rail equipment services suppliers.

There will be a concurrent two days Trade Exhibition of 35 international exhibition booths providing a valuable opportunity for companies to market products and services at this prestigious transport event taking place in Australia.

For further information…

Please contact the organiser Engin BAKT on engin@transportevents.com  or call the Kuala Lumpur office T: +60 38 023 53 52.

To find out about discounts available for Conqueror members, please contact Anna Barton on abarton@conquerornetwork.com.  

To see other industry events Conqueror is partnering, click here.

CQR Rome launches relocation service

logistics company
logistics company

Conqueror’s representative in Rome, Milan and Macerata has launched a new service: Relocation

With a view to providing their clients with a complete service and to meet the increasing demands of the global market, G.L.T. Group has integrated their forwarding and logistics capabilities with this strategic service. The team provides highly qualified and tailored services for major companies, transferring their own and their clients’ personnel on assignments in Italy and throughout the world.

Whilst this may be a new service for G.L.T. Group, their Relocation specialists boast considerable international experience acquired with leading global companies, such as Technip, Saudi Aramco, Total, BP, Neste Oil, Agip Gas Libya, CNRL, Petrocanada, Odebrecht, Pavlodar Oil Chemistry Refinery, Sasol, Sabic.The team ensures a rapid, stress-free transfer for Clients’ personal belongings and their families, minimizing wasted time and simplifying the bureaucratic formalities to stay in their new place of residence. Their clients need not worry about the relocation of their own or their clients’ personal belongings as any problem is managed properly and professionally by their multilingual staff.

The services are tailored to their client’s specific requirements and always agreed with the client’s Human Resources Department, so as to ensure the particular needs, cultural sensitivities, religions and customs are taken into consideration.  A rapid and serene settlement in their new Italian reality also ensures a rapid start to their production at their new workplace. And last but not least, thanks to strategic alliances with consolidated international relocation companies, G.L.T. Group is able to guarantee best-in-class services worldwide.

Relocation services are directly executed by W.L.O. World Logistics Organization, G.L.T. Group’s Company dedicated to integrated logistics.

 

Elite featured in Voice of the Independent

international logistics service provider
international logistics service provider

ELITE Association of Logistics Networks of which Conqueror is a member has been featured in the most recent issue of Voice of the Independent, the only global publication devoted entirely to the freight forwarding community.

The magazine’s circulation comprises 23,000 global freight forwarder offices plus 2,500 industry partners including airlines, airports, ports, shipping lines, GSAs, charter brokers and industry associations.

CQR Istanbul keeps gaining new customers

logistics companies and suppliers
logistics companies and suppliers

CQR Istanbul will be performing all of Grief’s transport activities in the field of industrial packaging and packaging equipment from Grief’s facilities to England, Scandinavia and Switzerland. In addition, they will provide all customs operations in Sweden, Austria and England.

Grief is just one of CQR Istanbul’s newest clients, they will also begin serving on contract based operations to Carrefour Global Sourcing. The team will undertake Carrefour’s textile and outdoor clothing export products which were bought from Turkish manufacturers. The goods will be transported by road to Sweden, France, İtaly, Poland, Romania and Spain.

Conqueror would like to congratulate CQR Istanbul on these contracts!

 

Interview with CQR Kolkata

Capt. S.B. Mazumder is Executive Director of  Conqueror’s exclusive agent in Kolkata. Recently he spoke with us about how this company has grown from its humble origins to a logistics powerhouse in all the major cities across India.

logistics business partner
logistics business partner

Q. Could you tell us a little about the history of the Seahorse Ship Agencies?

A. The company was founded in 1979 by two brothers Capt. Avinash C. Batra and Capt. Somesh C. Batra – both Master Mariners with a sea faring background. Initially, the business was started as a Cargo Surveyors and gradually it expanded into a shipping agency, empty container depot operator and also freight forwarding and logistics activities. Over the years, having expanded into various shipping activities, several companies were registered to “avoid conflict of interests among the various principals” and we call ourselves “THE SEAHORSE GROUP OF COMPANIES”. A few years prior to the global recession in 2008, we were also operating as NVOCC operators with leased containers. Fortunately, all containers were off hired just prior to the recession.

Over the years we have grown to a fairly large group of companies operating as the Indian Agent for several renowned Shipping Lines, namely Yang Ming Line, Korea Marine Transport Company Ltd., Ceylon Shipping Co. Ltd., Sanko Steamship Co. Ltd., BHP Billiton, and a few Chinese Tramp Ship Owners and Operators. Today, our group is considered to be one of the most professionally run shipping companies in India.

Q. When and how did you get into the industry and when did you join Seahorse?

A. I joined the company as Regional Manager on 1st June 1982 when the companies’ first branch office was opened in Kolkata Port. Gradually our offices expanded to the other metro cities of Chennai, New Delhi, Cochin, Tuticorin, Visakhapatnam, Bangalore, Ludhiana, Ahmedabad, Kandla etc.  In view of my long association with this group, I was elevated to the all India position of Executive Director based in Kolkata.

Q. The company has been in operation for 34 years now, what have been its most significant achievements during those years?

A. Firstly, I would have to say the commencement and expansion from a single office in Mumbai to 16 across India with a work force of about 370.  I can honestly say that our staff are our biggest asset. Our reputation as a professional company resulted in acquiring the all India agency of 8 internationally renowned container shipping lines, bulk & break bulk shipping lines & agencies of two of the world’s leading container leasing companies, namely Textainer and Triton. Most of our Container Shipping Principals after several years of operating with us, have opened their own offices in India which has become the fashion. However, two of our valued Principals namely Yang Ming Line and Sanko Steamship Co. Ltd have both opened joint venture companies with our group in India at all port locations.

We also operate another fairly large business i.e. One of our Group Companies is the largest empty container storage depot operator in India having our own depots at every Port and ICD in India. We are continuously named the ‘Best Depot’ by the world’s largest container leasing company Textainer.

Q. Does Seahorse specialise in any particular type of shipment?

A. Moving import projects in India has become one of our key areas. Even though we are not a particularly large operator, we enjoy the challenge and financial rewards they bring. One of our most memorable such shipments was the movement of a water treatment plant machinery which arrived in 60 x 40’ OT/FR cargo from the Port of Haldia to the plant about 650 Km away.

Q. What was it about CONQUEROR that initially attracted you?

A. As a freight forwarder, we had used ‘unknown companies’ in the past from all over the world as partners. As a result, we have faced a considerable loss of business due to poor service from several overseas agents and a lot of unnecessary charges were collected at some destinations. Hence, we were keen to become a member of a good worldwide freight network and thus we came across CQR and decided to join up.

Q. How does being in CONQUEROR help Seahorse Ship Agencies? 

A. We have found the member companies to be generally pro-active, prompt in response and professionally sound.   Business growth generally is slower at the moment due to the global recession but we are confident that as part of this network, we will see better days ahead.

 

CQR Zagreb opens new office in Rijeka, Croatia

We are proud to announce that we have opened our own office at port Rijeka, which is located in the northern Adriatic Sea. The port of Riijeka is the largest port in Croatia handling the largest portion of the country’s imports and exports.

partner with logistics company
partner with logistics company

The port of Rijeka is at the southern terminus of the Pan-European transport network corridor, representing a maritime extension of the rail and road routes leading to and from Rijeka. They include modern roads such as the A6 motorway, forming a part of the European route E65 and connecting Zagreb, Budapest and Vienna, and the A7 motorway, a part of the European route E61 and the E65. Rail links comprise single-track railway lines to Zagreb and to Pivka, Slovenia. There are plans to upgrade to a high performance, double-track railway.

We use the natural advantage of port Rijeka to ensure the quality of the services to our customers and partners. Our goals are to provide top-quality port services and develop business between port Rijeka and Central and Central-Eastern European countries.

Our professional staff can handle all type of cargoes (bulk, containers, ro-ro, frigo).

 

CQR Delhi provides multinational services to a multinational client

international logistics
international logistics

CQR Delhi was recently chosen to provide ‘third country shipments solutions’ by one of its prestigious multinational clients. This contract is on a weekly basis for a number of months moving 10MT Solar Cell / Solar Wafers by air from China to the USA.

“We decided to call on CQR Qingdao for assistance with these shipments and as a result together we have already moved over 100MT and this is going to continue for the next few months. Together with S.F. Systems (Qingdao) Ltd, we have been able to provide a solution that only the multinationals could have offered,”explained Three Aces Global Director, Pankaj Agarwal.

Well done to CQR Delhi on initiating such a great partnership!