BLPL Singapore, a wholly-owned subsidiary of Transworld Group Singapore, one of East Asia’s fastest growing shipping and logistics companies, last week announced the commencement of two dedicated container vessel services: Singapore/Portklang – Port of Yangon, Myanmar and Singapore/Portklang – Kolkatta/Haldia/Paradip.
Using Singapore and Port Klang as transhipment hubs, the Singapore-based company will operate fixed day weekly services in and out of the port of Yangon MIP terminal to facilitate and connect cargo from and to the Indian Subcontinent, South Asia, the Far East, Middle East and East Africa.
Myanmar, which has recently opened up to foreign markets, is expected to be the fastest growing economy in the Asia region. According to IE Singapore, bilateral trade between Singapore and Myanmar has grown more than 50 per cent over the last decade, amounting to S$1.63 billion last year. The Republic is Myanmar’s fourth largest trading partner and sixth largest investor.
Concurrently, BLPL will also facilitate and connect cargo to and from the East Coast of India via the Port of Kolkata/ Haldia /Paradip, major gateway ports for the North East Corridor of India and the land locked countries like Nepal and Bhutan.
BLPL, which owns and operates a growing container fleet of 18,000TEU’s, will be able to cater to customers’ various needs with its supply of reefer units (temperature controlled) and special containers that can carry odd-sized and project cargo. Anand Sitaraman, Vice President of BLPL Singapore, said: “Established in one of the busiest ports in the world that is Singapore, BLPL has cultivated years of experience in shipping operations spanning from China, Southeast Asia, India Sub -Continent, Middle East extending up to East Africa. With the launch of our two dedicated container vessel services to Yangon and Kolkata, we look forward to participate and contribute to what we believe will be the fastest growing trade routes in this region.BLPL Singapore is represented in Sri Lanka by Clarion Shipping Ltd.