BLPL Singapore, part of Transworld Group Singapore, announced that it has taken delivery of its third owned container vessel – BLPL Faith. This latest addition to the fleet took place at the Busan Anchorage in Korea, on November 24. It strengthens the Company’s resources for customers, making a total of 14 vessels and 32,000 containers.
Mr. Mahesh Sivaswamy, Chairman and Managing Director of Transworld Group Singapore said, “BLPL, the shipping and logistics arm of the Transworld Group (TGLS) has made major milestones in its growth. I’m very proud of what the team has achieved — not just in capacity but also in the range of intermodal containers.”
Growth in capacity and Services
With a modest beginning of 300 TEUs in the year 2007, BLPL reached 5000 TEUs by 2010. In that same year, the company offered Reefers to customers, and soon moved from being an NVO (Non-vessel operator) to ship owner with its first Liner in 2012. By December, BLPL had already touched 16000 TEUs, an impressive feat.
The year 2012 also marked a new chapter with the formation of Transworld GLS taking over the agency and logistics solutions of BLPL. The well-timed move enabled the company to increase its inventory strength, which doubled in the next five years to reach 32,000 TEUs.
Today the Transworld GLS with its established presence in over 10 countries covers all logistics needs from door pickup at origin to door delivery at destination.
Mahesh added, “BLPL prides itself on maintaining a high level of adaptability towards changing market conditions. Mahesh’s motto is ‘Action Without Delay is the secret of his Success’, and thankfully the number of customers, trade partners and service providers has grown with us.”
BLPL counts among its successes the prestigious Enterprise 50 Awards which it achieved over five consecutive years from 2012. Presented by KPMG and Singapore’s Business Times, the most outstanding companies are recognized for their performance. In 2016, BLPL had the honour of being the number one company at the awards.
Delivering Logistics Expertise and Reaching Niche Markets
Looking ahead, BLPL plans to expand its range of logistics solutions into more markets. Equipped with a sizeable fleet of 3,000X40’ reefers and over 700 ISO tanks, BLPL will explore new sectors. Currently, BLPL covers over 28 countries and 120 destinations. Its reefer fleet which first tapped Far East sectors has now expanded into the Indian sub-continent, South East Asia and Middle East.
Mr. Raja Vikraman (Vikram), CEO of BLPL elaborated, “Our mainstay is flexibility. BLPL has been a pioneer in introducing new routes. The first was the Yangon to India route; then Thailand to West India; Southeast Asia to Middle East, and we will keep adding to this list. We are not a scheduled operator and therefore can nimbly deploy our vessels as direct services in a short time.”
In-house IT experts improve efficiency
Another aggressive move has been towards the digitization of the business. The team of In-house IT professionals develops and supports the software systems for BLPL. There are now app-based applications to enable customers to do seamless tracking, internal inventory systems to manage efficient usage of container assets, software to enable more efficient connections at the trans-shipment hub: all of which are efficiencies which have been passed on to customers.
“We’ve witnessed the toughest shipping phases since the date of inception in 2007: from the Great Recession to the latest Pandemic Times. Every journey leads us to discover new prospects even as the team emerges stronger. There are exciting times ahead,” Vikram concluded.
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