Sea Asia 2011 focuses on Asian voice in global shipping

Stabilising global container trades and expanding Asian economies will be the key to trade growth in the future, a senior industry executive said ahead of the Sea Asia conference in April in Singapore. Eng Aik Meng, president of APL, was speaking Tuesday at a press conference for Sea Asia 2011, which will open for three days from 12-14 April at Marina Bay Sands in Singapore.


Eng said: “Economic activity in China has rebounded to levels not seen since the Lehman Brothers collapse which led to the global recession. The strength of China's economy and the robust growth of the economies in south-east Asia will open up exciting new markets for container shipping operators.” He added that challenges for the container sector include rising costs and meeting service delivery expectations in an era of lengthening supply chains. He predicted growth in the intra-Asia trades and increased competition among container carriers.


Sea Asia's theme will be The Asian Voice in World Shipping, and Eng will be one of the speakers at the opening day Container Shipping and Logistics session. More than 95% of the exhibition space has been booked and over 10,000 executives from 62 countries are expected to attend the event. Sea Asia 2011 is co-organised by Seatrade and the Singapore Maritime Foundation.
(Source:http://www.seatrade-asia.com)