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Annual Reports 2007 Issued

Tue, 15 Apr 2008 11:30:49 GMT

Homepage > Newsroom > Annual Reports 2007 Issued

Annual Reports of 2007 has been issued. Please visit this link for the resources.

PTC certified under STP by Singapore Customs

Fri, 25 May 2007 16:24:47 GMT

Homepage > Newsroom > PTC certified under STP by Singapore Customs

Singapore Customs unveils a new supply chain security programme for the trading community – Secure Trade Partnership Programme (STP) to strengthen and safeguard the security of supply chain operations. The Minister of State for Finance and Transport, Mrs Lim Hwee Hua, launched the STP at a ceremony on 25 May 2007. Eight companies including Poh Tiong Choon Logistics Ltd have been certified under the STP after successfully completing the pilot-run of the programme.

About STP

The STP is a voluntary certification programme administered by Singapore Customs that encourages companies to adopt robust security practices in their trading operations, thereby contributing to the improvement in the security of the global supply chain. Through the programme, Singapore Customs seeks to protect the integrity of the supply chain and prevent disruptions to the smooth flow of goods. The STP spells out a set of security guidelines and goals to guide the development, implementation, monitoring and review of the security measures by different players in the supply chain. These include suppliers, manufacturers, warehouse operators, transport carriers and terminal operators. Full details of the STP Guidelines are enclosed at Annex A.

Commenting at the launch of the STP, Mrs Lim Hwee Hua said, “In today’s global trading environment, it is not only important for Singapore to be efficient and well-connected, but also necessary to be secure and trusted. The Secure Trade Partnership Programme will help maintain Singapore’s position as a trusted trade hub.”

The Director-General of Customs, Mr Teo Eng Cheong, said “Every player in the trading community has a stake in a secure and resilient total supply chain. We would therefore like to see more companies certified as our STP Trusted Partners.”

Companies that apply for certification will have their internal policies, processes and procedures assessed against the STP Guidelines by Singapore Customs. The STP certification will serve as a testimony that companies have adequate internal security policies, processes and procedures to keep their supply chains secure. More information on the STP can be obtained in the enclosed information handbook (Annex B) or from the Singapore Customs website at www.customs.gov.sg.

Benefits of STP

Companies that have adopted robust security measures will benefit from increased visibility of goods in the supply chain, reduction in pilferages and greater efficiency in their supply chain management.

In addition, companies certified under the STP will be recognised as trusted partners of Singapore Customs and enjoy the following benefits:

Cargo less likely to be inspected,
Recognition as a low risk company i.e. enhance branding, and
Reduced inspection/expedited clearance overseas should certified status be also recognised by overseas countries.

Companies Certified under STP

The pilot batch of eight companies which have been certified under the STP are as follows:

APL Co. Pte Ltd
Hewlett-Packard Asia Pacific Pte Ltd
IBM Singapore Pte Ltd
Infineon Technologies Asia Pacific Pte Ltd
Poh Tiong Choon Logistics Limited
PSA Corporation Limited
United Parcel Service Singapore Pte Ltd
YCH DistriPark (Pte) Ltd

Application

The STP is open for application to all companies in Singapore that are involved in supply chain activities. Application forms can be downloaded from Singapore Customs website at www.customs.gov.sg, or write in to Singapore Customs, 55 Newton Road #08-01, Revenue House, Singapore 307987, e-mail: customs_scs@customs.gov.sg or Fax: 62583705.

Background of the STP

The establishment of Singapore’s very own national supply chain programme was first announced by Deputy Prime Minister Professor S Jayakumar in a keynote address made at the First APEC Symposium on Total Supply Chain Security on 6 July 2006. Singapore Customs has been designated as the national authority for the STP. Its responsibilities include validating and certifying companies under the STP; serving as the focal point for all local and international enquiries; and conducting industry outreach and public awareness programmes on supply chain security.

source: Singapore Customs
original document Link

PTC is Certified eSCM ready by ESCM council

Thu, 01 Feb 2007 10:52:47 GMT

Homepage > Newsroom > PTC is Certified eSCM ready by ESCM council

January 2007

Poh Tiong Choon Logistics is certified eSCM ready by ESCM council on January 2007

The eSupply Chain Management (eSCM) Assessment Programme to help Singapore’s manufacturing and logistics sector become Asia’s key collaborative manufacturing services hub, has been launched.

The eSCM programme identifies the potential world-class eSCM capabilities that companies should adopt, and is a live and evolving standard that will incorporate global e-business and supply chain best practices.

Support for the programme comes from EDB, Infocomm Development Authority of Singapore, Standards, Productivity and Innovation Board and the Singapore Confederation of Industries.

The development of the assessment is in progress, with industry inputs coming in from leading supply chain practitioners from a wide spectrum of organisations including Motorola, Intel, Infineon Technologies and Siemens Medical.

Multinationals and original equipment manufacturers will also benefit from supporting this programme as it will provide a consistent and transparent tool for assessing supplier capabilities.

Poh Tiong Choon Logistics (Shanghai) Limited Established

Sun, 01 Jan 2006 00:00:00 GMT

Homepage > Newsroom > Poh Tiong Choon Logistics (Shanghai) Limited Established

Poh Tiong Choon Logistics (Shanghai) Limited was established in January 2006 and provides 3rd party logistics services which includes domestic trucking and distribution, warehouse management services and other customized supply chain solutions.

Poh Tiong Choon Logistics (Shanghai) Limited has a very strong and experienced management team that possess both domestic market knowledge and verse with international best practices. The company will continue to attract talents in logistics field to fuel its expansion in China.

Poh Tiong Choon Logistics (Shanghai) Limited will expand via organic growth, forming strategic relationships with partners, clients and suppliers as well as through merger and acquisition to rapidly establish the domestic network. Currently the company operates a variety of commercial vehicles to serve customers with different needs, the company also manage warehouses in different locations and provides customized services for its clients. The company utilizes advance logistics IT system to enhance collaboration and promote systemic management.

10 Singaporean Logistics Companies Make Their Way to Nanjing

Thu, 07 Apr 2005 09:54:45 GMT

Homepage > Newsroom > 10 Singaporean Logistics Companies Make Their Way to Nanjing

A group of research team consisting of 10 large Singaporean logistics firms recently appeared in Nanjing to explore business opportunities in the city. Xinhua reports these logistics firms are aggressive and show strong desire to enter Nanjing¡¯s logistics service market. According to the report, the visiting Singaporean companies are highly representative and consist of companies like NOL, Orient Overseas Container Line Limited, Dart Express, Poh Tiong Choon Logistics and other well-known multinational logistics firms. International logistics giants such as UPS, DHL, China Merchants Logistics, Asia World of Hong Kong and COSCO Pacific Limited have dipped their toes in Nanjing. The logistical projects signed with Lukou Industrial Park have already registered well above 5 billion RMB.

Source: FDI

Opening of Stolt Container Terminal at Jurong Island

Thu, 27 Jan 2005 10:01:58 GMT

Homepage > Newsroom > Opening of Stolt Container Terminal at Jurong Island

27 Jan 2005

Speech by Dr Vivian Balakrishnan, acting Minister for Community Development, Youth and Sports, and Senior Minister of State for Trade and Industry, at the official opening ceremony of Stolt Container Terminal at Jurong island on 27 January 2005 at 11.15 am

Mr Niels Stolt-Nielsen, CEO, Stolt-Nielsen S.A.
Mr Poh Choon Ann, Chairman & CEO, Poh Tiong Choon Logistics
Distinguished Guests
Ladies and Gentlemen

It is a pleasure to join you this morning, for the opening of the Stolt Container Terminal on Jurong Island. To our guests from overseas, a warm welcome to Singapore.
There are more than 70 global chemical companies operating on Jurong Island. Consequently, dedicated logistics services, such as those provided by the Stolt Container Terminal, are very valuable.
There are several state-of-the-art logistics facilities on Jurong Island. They include Poh Tiong Choon's Chemical Logistics Complex, the terminalling facilities of Vopak and Oiltanking, and Katoen Natie Sembcorp's silo facility. This does not include the dedicated logistics facilities controlled by the manufacturers, refineries and power plants on the island.
We believe there is much room for growth in third-party logistics (3PL) services on this island. Consequently, we started Banyan Logispark in August 2003; dedicating it as an integrated chemical logistics and transhipment hub. Banyan LogisPark provides a comprehensive "one-stop shop", servicing companies on Jurong Island and customers by using Singapore as a transhipment and distribution hub. In the past year, we have seen tremendous interest in Banyan, driven by a combination of a recovering chemical sector, and increasing trade flows passing through Singapore. Recently, both Vopak and Horizon Terminals announced their new terminal projects in Banyan.
It is also interesting to see the new business models that are evolving. Increasingly, we are seeing closer collaboration between the various players in the logistics value chain. Shipping companies are working with 3PLs to offer a single solution to customers, while 3PLs are leveraging their complementary facilities and strengths to create new value for shippers. Shippers, on the other hand, are also more proactive in providing feedback and influencing their service providers on the facilities and services they would like to have.
Stolt-Nielsen Transportation Group is a good example of a company that has selected Singapore as its Asia-Pacific hub. I am very pleased to know that the company has enhanced this role through the establishment of the regional tank container depot. That Stolt-Nielsen has done so in cooperation with Poh Tiong Choon Logistics, a homegrown 3PL, is further testament to the intrinsic value that Singapore brings to international investors. The synergies between PTC Logistics' warehouse and Stolt-Nielsen?s depot will create new and exciting value propositions for their customers.
I congratulate Poh Tiong Choon Logistics and Stolt-Nielsen Transportation Group on this project and wish you every success in your new venture on Jurong Island. Thank you.

Source: EDB

Stolt-Nielsen and Poh Tiong Choon Logistics launch new depot

Sat, 01 Jan 2005 10:25:03 GMT

Homepage > Newsroom > Stolt-Nielsen and Poh Tiong Choon Logistics launch new depot

Feb 2005

Stolt Nielsen S. A. Group and Poh Tiong Choon Logistics Limited (PTC) have opened the Stolt Container Terminal Pte Ltd (SCTPL).*

Located on Jurong Island, the 20,000 sq m facility is a one-stop Asia-Pacific hub that incorporates all depot and warehousing services that involve tank containers and drums, including tank container cleaning, heating repairs, refurbishment, remanufacturing and fleet management.

“Customers can benefit from faster response and turnaround time,” said Mr Poh Choon Ann, Chairman and Chief Executive Officer, PTC. “With this integrated facility, we can provide…[a] one-stop service.”

Stolt-Nielsen is a world leader in bulk liquid chemicals, edible oils, acids and other speciality liquid transportation services. Its transportation division has a fleet of over 17,000 tank containers, making it the largest operator in the tank container market. It is also one of the largest operators of parcel tankers globally.

One of the leading logistics providers in Singapore, PTC serves a broad range of industries, from the chemical industry to the food, infrastructure and shipping sectors. PTC’s core business consists of third-party logistics, transportation, bulk cargo handling, warehousing and terminal management.

Jurong Island Chemical Complex

Sat, 01 Dec 2001 00:00:00 GMT

Homepage > Newsroom > Jurong Island Chemical Complex

In mid of December 2001, construction of the new PTC chemical logistics complex at Jurong Island was completed. With the completion, the group now owns and operates two warehouses in Singapore, the other being at pandan road.

Best 50 Enterprise

Thu, 01 Jan 1998 14:42:30 GMT

Homepage > Newsroom > Best 50 Enterprise

“Entrepreneurship is all about looking for a lucky break and making the most of it. But all the opportunities in the world would not do us any good unless we are willing to work hard to realize their potential.”

Mr. Poh Choon Ann, Chief Executive & Managing Director

Enterprise 50 is the list that ranks the top fifty most enterprising privately-held local companies in Singapore. it is compiled by Andersen consulting and The Business Times, and supported by the Economic Development Board.

Companies are ranked based on their performance over a four-year period. Various quantitative factors were used, such as gross turnover, profits, return per employee, return on assets and percentage of business from overseas operations.

Poh Tiong Choon is proud to be one of the winners of the Enterprise 50 Awards for 1997 and 1998.

PTC ISO 9002 Certified

Mon, 01 Jan 1996 14:19:19 GMT

Homepage > Newsroom > PTC ISO 9002 Certified

PTC Logistics – ISO 9002 Certified

To survive and prosper in a fast-changing world characterised by high expectations of quality and intense competition, Singapore “organisations will have to pay special attention to quality â€“ not just product quality but also service quality.”

from a speech by Mr Othman Faron Eusofe, Minister of State for Labour

Poh Tiong Choon was awarded ISO 9002 in 1996.

ISO 9000 is a series of standards on quality management. It is awarded to companies who consistently meet stipulated quality requirements for the products or services it supplies. It is accepted worldwide as a common standard which ensures control, consistency and assurance of quality.