Efacec Singapore Partners with Two Leading Banks in Asia
Efacec Singapore (Efacec), part of Körber Logistics Systems, is proud to announce two separate partnerships with leading Asian banking institutions in the region. Working with an existing partner and a new client, the projects demonstrate Efacec’s versatility in catering to different requirements of warehouse expansion and modification for the financial services industry.“The success of both projects confirms Efacec’s ability to adapt its warehousing solutions for a client’s specific requirements,” shared Jorge Couto, Managing Director at Efacec. “Due to the tight security measures, warehousing specifications for the banking industry is more complex. It’s important to have reliable warehousing equipment that can integrate with advanced security systems.”Expanding fleet of AGVsIn a follow-on contract with one of Asia’s leading banks, Efacec was recently engaged to integrate seven additional units of its Automated Guided Vehicles (AGVs) into an existing network to support the client’s expansion plans. These AGVs will join the client’s current suite of automated warehousing technologies from Efacec, including an Automatic Storage and Retrieval System (ASRS) warehouse for the storage of 10,000 containers, four stacker cranes, seven units of AGVs, and 20 warehouse terminal stations.Fully automated, the facility has been operating efficiently since the initial project completion in 1997. Right from the beginning, Efacec has stationed two full-time engineers onsite, which has been a major factor in the smooth running of the warehouse for nearly 20 years. With the new fleet of AGVs, the client is expected to achieve greater warehouse performance.Revamping third-party warehouse solutionsIn the second project, Efacec was tasked with revamping an existing ASRS warehouse for another established Asian bank. The support scope involved the upgrading of…
Emerging Markets and the Future of LNG
The total LNG trade reached 244.8 metric tons (MT) in 2015, up 4.7 MT from the previous year. This marks the largest year for LNG trade in the industry’s history, even though Japanese import prices fell drastically between January and December 2015. Despite this, the start of new projects contributed to the buoyancy of the sector and the industry has remained vibrant, continuing to grow. Currently Asia accounts for more than half of global LNG imports, with Japan, South Korea and China leading the way and accounting for just over half of the global market share. A major development affecting the energy industry is the emergence of new re-gasification markets, with new regions emerging that are challenging the traditional markets of Asia, Europe and North America. As economic growth slows and competing fuel sources attempt to out-price the sector, LNG companies are waking up to the untapped potential in a number of emerging markets. According to a recent report by Wood Mackenzie, growth in demand across the sector will slow over the next 20 years, making it essential that companies adapt to market forces.Orson Francescone, Vice President of dmg events global energy said: “The Asian market has always led the way in terms of LNG imports, and will continue to do so to a certain extent. However, the shift in global development is leading to a rise in demand from countries that have previously been overlooked. It is essential that LNG companies are agile, to ensure that they are able to cater to the needs of…
World’s Largest LNG Market Welcomes Foremost Gas Event
Japan will remain the largest LNG buyer in the world through to 2025 according to the latest research from BMI Research. The country’s dependency on imported energy has resulted in a number of initiatives that are designed to increase efficient operation, whilst connecting and engaging players within the sector. In April 2017, senior business leaders and policy makers will gather in Tokyo to attend Gastech, the world’s leading gas and LNG event.The Japan Gastech Consortium will host the 29th edition of the Gastech Conference & Exhibition. The consortium consists of 10 of the country’s leading energy sector businesses, companies that specialise in the delivery and consumption of Natural Gas and LNG. Members include JERA, Mitsubishi Corporation, Mitsui & Co and Tokyo Gas.Collectively, the consortium plays a significant role in determining energy security, supply and establishing policy to secure Japan’s long-term economic future. It is chaired by Nobuo Tanaka, a pioneer in energy economics, who is the former Executive Director of the International Energy Agency and a specialist on energy safety post Fukushima.Nobuo Tanaka, Chairman of the Japan Gastech Consortium comments: “Gastech’s broad, diverse programme is shaped by energy professionals to deliver outstanding insight, create exceptional networking and new business opportunities, whilst ensuring a robust return-on-investment.”The Gastech conference welcomes many of the world’s leading energy industry leaders, including Patrick Pouyanné, Chairman & CEO of Total; Ryan Lance, Chairman & CEO of ConocoPhillips; Maarten Wetselaar, Integrated Gas & New Energies Director at Royal Dutch Shell; and Sheikh Khalid Al -Thani, CEO of Qatargas, among more than 200 other…
Papua New Guinea Petroleum & Energy Summit
The inaugural Papua New Guinea Petroleum & Energy Summit is the only strategic event endorsed by the Ministry of Petroleum & Energy and fully backed by the Government of Papua New Guinea.The event has an impressive speaker line up confirmed, with several members of the Papua New Guinean Government as well as global players such as ExxonMobil and Total.The Prime Minister of Papua New Guinea, Hon. Peter O’Neill MP will open the event with a keynote address, and Honourable Nixon Duban MP, Minister for Petroleum & Energy is part of the senior level speaker line up.Hon. Nixon Duban MP, Minister of Petroleum and Energy, PNG commented: “We’re delighted to bring the countries first Petroleum and Energy Summit to Port Moresby and expect the inaugural edition to be a huge success. We have all of the key stakeholders from PNG and the region confirmed as speakers and expect some interesting debate and dialogue. I encourage all parties serious about working in PNG to attend this summit.”Speakers Include:· Peter O’Neill, Prime Minister, Papua New Guinea · Hon. Nixon Duban MP, Minister of Petroleum & Energy, Papua New Guinea · Hon. Patrick Pruaitch, MP, Minister for Treasury, Papua New Guinea· Hon. Francis Marus, Minister for Higher Education, Research, Science and Technology, Papua New Guinea · Yuki Sadamitsu, Director, Oil & Gas Division, Ministry of Economy, Trade & Industry (METI)· Frank Kramer, Chairman, Kumul Petroleum Holdings Limited · Peter Koim, Director, Gas Project Coordinating Office· Kepsy Piuya, Secretary, Department of Petroleum and Energy· Wapu Sonk, Managing Director, Kumul Petroleum Holdings…
IoT Asia 2017 Preview
As the first dedicated platform in Asia to address the enormous potential of the IoT revolution, the first edition of IoT Asia in 2014 was ahead of its competition. It was seen as a transformational platform for addressing challenges and identifying real opportunities within the IoT landscape.IoT Asia 2016 surpassed expectations and broke records. The event was a resounding success with 3,795 attendees, a significant increase of 75 percent from 2015. This is a testimony of the strong support the event has received from the industry. IoT Asia has won the prestigious UFI Marketing Award in 2016. Conferred by UFI, the Global Association of the Exhibition Industry, the Award recognises excellence in the branding of new trade shows. The UFI Marketing Award adds on to a growing list of industry accolades that IoT Asia has received since its debut in 2014. The event has won People's Choice Silver Award for Event of the Year in Postscapes 2015/2016 IoT Awards and Trade Conference Organiser of the Year for IoT Asia 2014 at Singapore Experience Awards 2015.IoT Asia 2017 continues to provide insights for 4,500 attendees across the entire IoT value chain, addressing the interests of technology solution providers and enablers as well as end-user and potential IoT technology adopters across multiple industries. The show will take place on 29 and 30 March 2017 at the Singapore Expo.As a key player in Asia’s IoT community, IoT Asia 2017 will focus on:Smart CitiesIoT Data AnalyticsDesign ApplicationsWearablesEnablersIndustrial IoTCybersecurity (NEW)Robotics (NEW)What to expect at IoT Asia 2017?5,000 square metres exhibition4,500 attendees110…
ASEAN’s IoT Leaders to Gather in Singapore
ASEAN’s IoT and Machine to Machine (M2M) leaders will gather in Singapore during February, for the 12th edition of Asia IoT Business Platform. Debuting in Singapore after 11 editions held across ASEAN in the past four years, the program will witness leading IoT specialists engage in panel discussions and present case studies on the region’s latest and most relevant IoT developments.ASEAN is proving to be a bright spot for enterprise IoT projects; Frost & Sullivan estimates the IoT market in ASEAN to be valued at USD 1.68 billion in 2016 and it is expected to grow 35 percent a year. This accounts for 10 percent of the total Asia-Pacific IoT spending. Singapore, Indonesia, Malaysia, Thailand, and the Philippines lead the region’s IoT spending, with a strong focus on key areas such as smart cities, manufacturing, automotive, transport and logistics, and agriculture.“There is no doubt that there is massive potential for enterprise IoT in ASEAN. We have seen many enterprises across different industries, from manufacturing and industrials to agriculture, already deploying IoT and reaping its benefits. There is a clear demand for such technologies to help transform enterprises to become more efficient and productive. This is an opportunity that IoT solution providers should quickly seize,” said Zaf Coelho, Project Director of Asia IoT Business Platform.Zaf also noted that because of the rapid adoption of IoT in the region, it is now more important to understand the challenges that enterprises face in trying to deploy IoT in their businesses.“The challenges that enterprises face in implementing IoT will determine…
Canadian Solar Power Sale
Canadian Solar Inc., one of the world's largest solar power companies, announced that its wholly-owned subsidiary, CSI New Energy Holding Co. has completed the sale of two solar power plants in Jiangsu Province, China to Shenzhen Energy Nanjing Holding Co., a subsidiary of Shenzhen Energy Group Co., for approximately US$32.2 million. The transaction was closed on 30 December 2016 and the Company expects to recognise the difference between the sales proceeds and the book value of the projects under 'Other income (expenses)' in the income statement for the fourth quarter of 2016.Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, "We are delighted to have closed the sale of two more solar power plants in China. This is another important milestone, as we continue to monetise our quality solar project assets in China and other countries. We look forward to deepening our strategic partnership with Shenzhen Energy for more opportunities in the future."About Shenzhen Energy Nanjing Holding Co.Shenzhen Energy Nanjing Holding Co., Ltd. invests, constructs, and operates new energy and conventional energy projects. It operates as a subsidiary of Shenzhen Energy, a listed and state-owned company in China.About Canadian Solar Inc.Founded in 2001 in Canada, Canadian Solar is one of the world’s largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions, Canadian Solar also has a geographically diversified pipeline of utility-scale power projects in various stages of development. In the past 16 years, Canadian Solar has successfully delivered over 17 GW of premium quality modules to over 90 countries around the world. Furthermore, Canadian Solar…
Gulfood 2017
In the lead-up to its 22nd edition in 2017, more than 95,000 food and beverage professionals are already planning their visit to Gulfood, the world’s largest annual food and beverage trade show. To increase accessibility and trading potential, Gulfood 2017 will focus solely on finished food and beverages split into eight individual show components: Beverages; Dairy; Fats & Oils; Heath, Wellness & Free-From; Pulses, Grains & Cereals; Meat & Poultry; Power Brands and World Food.Trixie LohMirmand, Senior Vice President, Exhibitions & Events Management, Dubai World Trade Centre (DWTC), explains: “Gulfood’s new sectorised format will allow visitors to get straight to business by accessing the most relevant international and regional brands, companies and operators – the people they most want to meet from the sectors they primarily serve.”Gulfood 2017, which will take place only three months after the sector-specific Gulfood Manufacturing event posted record visitors numbers in its third outing in November, 2016, will feature 120 national pavilions including first-time participants, Malta, Finland and Slovakia. The show will also see hundreds of international heads of state, ministers, government officials and scores of national trade associations eager to ink lucrative bi-lateral trade agreements among 95,000 anticipated visitors.More than 5,000 local, regional and international companies from 90 countries will display thousands of finished food and beverage products reflecting the latest taste trends and food innovations from around the world. F&B professionals from more than 160 countries will visit the show to discover new trends, source the latest products and deliver the widest selection of food and beverage choice in…
