Sep. 3, 2010 - CEVA Logistics has signed a new contract worth R14 million (approximately 1.4 million) per annum with Rui Star Trading, a leading mining company focusing particularly on the carbon and iron trade.
CEVA will take charge of the ocean export of chrome ore concentrate from South Africa to the Far East, managing 4,600 TEUs of product every year, averaging 20,000 tons per month. In addition, CEVA will transport Rui Star Trading's material by ground and store it in a depot facility located in Johannesburg, South Africa, where 100 sq m of space will be dedicated to the customer.
Jaqi Gao, Managing Director of Rui Star Trading, said: "We decided to entrust CEVA with our logistics activities as we needed a reliable and professional partner, who would assist in increasing the efficiency of our shipments and provide us with the opportunity to focus on our core business. CEVA's ability to provide highly specialized logistics solutions, as well as a constant focus on cost effectiveness convinced us that this partnership will lead to great achievements."
Pam Cornish, CEVA's Regional Director for Southern Africa and Indian Ocean Islands, said: "We are delighted with this new important partnership; it demonstrates our capability to offer flexible and customized logistics solutions and our experience of delivering supply chain improvements across a wide range of customers and sectors. Our complete ocean freight service means Rui Star Trading receive punctual shipments, get the most competitive prices and have global real time visibility on their customers' orders."
