Singapore: A milestone was chalked up for Singaporean marine/offshore logistics company iG Logistics last November with the maiden voyage of its landing craft transporter SunTzu. The LCT iG SunTzu will now immediately be launched on Singapore-Batam feeder services.
LCT iG SunTzu is a lightweight but rugged vessel designed for direct beachfront loading and unloading. The vessel is equipped with a bow ramp with a specially designed base to allow easy access during beaching. “This is essential particularly for regional out-ports which may lack port and docking facilities,” the company said in a release yesterday.
The vessel is one of two ordered by the company.
“With these new assets, we’re positioned to enter into regions of high growth in the import/export sector, with countries like Malaysia, Indonesia, Vietnam, Cambodia and Myanmar in our sights,” said Kenneth Tan, group executive director of iG Logistics
iG Logistics has also secured a 5000+ sq m land parcel in Tuas, Singapore where a warehouse will be built.
“Many customers are moving away from high stock inventories due to cost and productivity barrier. As such the key development for the logistics industry would be the ability to provide quick turn around timings from storage to distribution,” added former ceo and founder of main board SGX-listed Sembawang Kimtrans, Peter Tan, chairman of Investment Global, the parent company of iG Logistics. [14/01/15]