“K” Line introduces new auto-logistics business in Vietnam
“K” Line-Gemadept Logistics Co., Ltd (KGL), Joint Venture Company between “K” Line and Gemadept Corporation which handles Total Logistics Services in Vietnam, has started Auto-Logistics service in Ho Chi Minh, Vietnam from end of October, 2016, the company said in its press release.
Recently, customer requirements for services related to automobiles within Asian countries that are experiencing strong economic growth and development have been on the increase. With the combined know-how of the two joint venture companies, KGL provides the required value-added service that can successfully satisfy the logistics needs for Passenger Vehicles, Trucks and Construction Machinery in Vietnam.
KGL secured land area totaling 20,000m2 within an industrial park, near Saigon Premier Container Terminal（SPCT-Ho Chi Minh Port）, where “K” Line-operated Pure Car Carriers call at periodic intervals, and launched a dedicated facility called VPC (Vehicle Processing Center). KGL already made a contract last October with a Japanese Auto & Truck manufacturer, and started services for car-storage, application of “Vehicle Registration” and customs clearance. In addition, KGL will expand its service scope which is PDI (Pre-Delivery Inspection) including installation of parts such as DVD systems, canopies, painting, repair and washing from January 2017. KGL is the first company to provide Total Auto Logistics for CBU (Complete Built-Up) in Vietnam.
“K” Line Group places “Logistics Business” as a stable profit-making sector in its “Medium-Term Management Plan,” and by following this strategy, “K” Line is further enhancing its Automobile Logistics Business that is already in operation in Indonesia, Thailand, Singapore, India, Australia and Brazil.
“K” Line-Gemadept Logistics Co., Ltd: A Joint Venture Company between “K” Line (50%) and Gemadept Corporation (50%) – a Vietnamese Major Logistics company.