INTTRA Alliance with China Ocean Shipping Agency Creates Boom in E-Commerce Growth in China

December 12, 2006

Xiamen, China,  December 11, 2006 - INTTRA’s four-year alliance with the Xiamen-based China Ocean Shipping Agency, also known as Penavico Xiamen, has helped boost the efficiency of containerized trade in the China and Korea region.

The first alliance, with the China-based cargo agent, has helped boost INTTRA’s growth in the region by more than 350% in 2006, says Michael Nielsen, INTTRA’s Senior Vice President of Global Commercial Sales.  “This significant increase in growth demonstrates the value of e-commerce in practice for shippers who are seeking to streamline and standardize their ocean shipment processes.”

INTTRA is the largest e-commerce platform for the ocean industry with 22 of the world’s largest ocean carriers in its network, representing 61 percent of the ocean freight capacity among the world’s top carriers.

Liu Changfu, Director of the Information Technology Department, the China Ocean Shipping Agency, notes: “The China Ocean Shipping Agency is the largest international Shipping Agency in Xiamen and Southeast Asia with a strong, sound background in technology, and human and financial capital.  Being INTTRA’s first strategic alliance collaborator in China has enabled both sides to open up a new horizon in the use of electronic processes for bookings, bills of lading, and tracking of containers.  Both companies will work towards developing a common platform including booking of containers, custom declarations, and bill of lading to enable shippers and freight forwarders a highly efficient and convenient e-commerce service in Xiamen and Fujian provinces.”
 
“The collaboration between China Ocean Shipping Agency (Xiamen) and INTTRA is reinforcing the importance of e-commerce leadership to facilitate ocean shipments from Xiamen.  This cooperation will enable the regional shipping industry to enjoy the benefits of a streamlined and unique process that includes an array of services from submission of electronic bookings to processing documentation.  More importantly, the increased efficiency INTTRA can provide for the Xiamen market will continue to drive INTTRA and China Ocean Shipping Agency to greater success,” said Doris Cheung, INTTRA Regional Sales Director, South China and Korea.

“It is extremely gratifying to be involved in this partnership with China Ocean Shipping Agency (Xiamen).  We have developed a close working relationship together and created an important e-commerce service to the marine industry in Xiamen.  Both parties are committed to a common mission of implementing high standards of e-commerce value to the industry, which further demonstrates the leadership of the two companies in China,” added Bobby Lim, INTTRA Managing Director, China and Korea region.

About INTTRA
 
INTTRA, founded in 2000 and headquartered in Parsippany, N.J., is a leading global provider of e-commerce solutions to ocean carriers and their customers.  INTTRA professionals work with customers to streamline and standardize their shipping processes, applying their e-commerce knowledge of the shipping industry for customers in markets worldwide. 
 
INTTRA’s e-commerce platform offers a comprehensive range of e-commerce tools, including: Tender, Sailing Schedules, Booking, Shipping Instructions, Bill of Lading, Track & Trace, and Reports.  Accessing the INTTRA platform is simple, using any combination of their channel solutions: INTTRA-Link (EDI-based, system-to-system connection), INTTRA-Desktop (off-line PC application), or INTTRA-Act (web-based application).
 
INTTRA’s carrier network includes, Alianca, ANL, CMA CGM, CSAV, CSAV NORASIA, DAL, Deutsche Afrika-Linien, FANZL, Hamburg Sud, Hapag-Lloyd, "K" Line, Libra, Maersk Line, MCC Transport Pte Ltd., MISC,  Mitsui O.S.K. Lines, MSC Mediterranean Shipping Company S.A., NYK Line, Safmarine, Senator Lines and United Arab Shipping Company.  The INTTRA carrier network represents over 61% of the container capacity among the world’s top ocean carriers.
 
For further information visit inttra.com.  Or contact Andy Barrons, INTTRA Vice President of  Marketing, at +1.973.263.5100 or email him at: andy.barrons@inttra.com.
 
About Penavico Xiamen

China Ocean Shipping Agency Xiamen (Penavico Xiamen) is a joint-venture directly subordinate to Xiamen Port (Group) Co., Ltd and the China Ocean Shipping Agency.  This is an integrated logistics service provider with the backing of shipping, warehousing and distribution.

Through a half-century of persistent efforts, Penavico Xiamen has become one of the largest international shipping agencies in South-East China, as well as a prominent international freight and forwarding agency.  Other services include freight forwarding, chartering, warehousing and distribution, air freight, customs broking, domestic and international transshipment arrangement, common feeder service, NVOCC etc.  Penavico Xiamen has forged a distinguished business style that provides ship or cargo owners with excellent and high quality service, bridging the gaps between ships, ports and cargoes throughout the world.

For further information visit www.penavicoxm.com. Contact Mr. Tu Yancai at: Shipping Building,809, Songyu Road, Central, Haicang District Xiamen, China.