DECEMBER 2011

Country Focus - Globelink Uniexco Spain

Established in 2006, Globelink Uniexco is a collaboration with Globelink's long time partner who has more than 40 years of experience in cargo imports and exports and the first sea freight cargo consolidation company in Spain.

With Madrid as its Capital city, Spain shares the Iberian Peninsula with Portugal at the western end of the Mediterranean Sea and is the fourth largest country in Europe.

The largest producer of olive oil in the world, Spain is also a country with the second-largest number of UNESCO World Heritage Sites. Culturally, Spain is a Western country but due to the great strength of its Roman heritage in almost every aspect of Spanish life, Spain is often described as a Latin country.

Spain maintains its special identification with Latin America with economic and technical cooperation programs and cultural exchanges, both bilaterally and within the EU.

AEO (Authorize Economical Operator) certified since October 2010, Globelink Uniexco Spain is headquartered in Barcelona with offices in Valencia, Madrid and Bilbao, offering more than 50 regular direct export consolidation services and over 30 direct import consolidation services.

The strategic location of Spain in the extreme southwest of Europe and only 14 km away from the African continent makes it a good gateway for Africa and America. Barcelona is therefore an ideal transshipment hub for all main Mediterranean, North Africa, Central and South America destinations.

It is a good option for Alexandra, Izmir, Istanbul, Tunis, Casablanca and Portugal destined cargoes.

With Spanish being the second most natively spoken language in the world and widely spoken in Latin America, it also puts Spain at an advantageous position for business with Central and South America.

NOVEMBER 2011

Globelink Opens in Morocco

CWT Globelink is pleased to announce the establishment of Globelink T.M.B. in Morocco. Located in North Africa, Rabat is Morocco's capital city with Casablanca as its largest city and also its main port.

Globelink T.M.B. Morocco is headed by Managing Director, Mr. Mohssine Bensouda and his professional and capable team. The Moroccan economy has been characterized by macroeconomic stability, with generally low inflation and moderately high growth rates over the past several years.

Morocco is a moderate Arab state that maintains close relations with Europe and the United States. Arabic is the country's official language, however, French is the unofficial second language and serves as the primary language in government and the business community. Major resources of the Morcoccan economy are agriculture, phosphates and tourism. It is the world's biggest exporter and third-largest producer of phosphorus.

Casablanca city is considered the economic and business centre of Morocco. The port of Casablanca lies along the Atlantic Coastline in Western Morocco and is one of the world's largest man-made port, protected from the sea by a breakwater.

The geographic location of Morocco makes it an ideal hub for North Africa and the Sub Saharan Africa.

Globelink T.M.B.
6, Rue Pierre Parent,
Espace Paquet, 6 Eme Etage,
20000 Casablanca
Morocco
Tel: +212 5 22311231
Fax: +212 5 22316020

OCTOBER 2011

Globelink Opens in Turkey

It is with immense pleasure that CWT Globelink announces its new office – Globelink Unimar in Turkey. This is a union of a long standing relationship between two close working partners who have been working together for more than 13 years and are very familiar to the Globelink family and network. Globelink Unimar will continue to be aggressively driven and managed by Managing Directors, Mr. Yusufi Cihan and Mr. Kicki Ugurhan, with the support of their strong and capable team members.

The growing Turkish economy is among the world's 20 largest economies and Turkey has been a member of NATO since 1952. Ankara is the capital city of Turkey but Istanbul, being the financial and trade centre, is better known to most. Istanbul is the only city in the world that is located on two continents, Asia and Europe. Asian Turkey (Anatolia) comprises 97% of the country and is separated from European Turkey (Thrace) by the Bosporus strait, the Sea of Marmara and the Dardanelles (which together form a water link between the Black Sea and the Mediterranean). European Turkey makes up the other 3% of the country.

Turkey is an important market with strong growth potential. Combining the global strengths of Globelink Group and the strong market standing and capabilities of Unimar in Turkey, Globelink Unimar will continue to grow from strengths to strengths and establish itself as the clear market leader. Turkey is one of the richest countries in the world in water resources and provides 70% of the world's hazelnuts. The nut in your chocolate bar was most likely grown in Turkey!

Headquartered in Istanbul, Globelink Unimar has branch offices located at Izmir and Bursa as well as an office at Ataturk airport to handle airfreight. It offers a wide range of activities in addition to LCL & FCL ocean freight activities, including air freight, road transportation as well as logistics capabilities. Globelink Unimar is among the market leaders for LCL & FCL activities, and will continue to strengthen the business scope and expand its geographical presence in Turkey.

Services Offered:
 Export & Import LCL Consolidation
 Export & Import FCL Seafreight
 Export & Import Airfreight
 Export & Import FTL & LTL Trucking
 Door To Door Delivery
 Project Transportatiion
 Transmit Service
 Inland Transfer Service

SEPTEMBER 2011

Region Focus - Mediterranean

Mediterranean – derived from the Latin word mediterraneus, literally means "sea between lands" is on account of the region's intermediary position between the continents of Africa and Europe. The Mediterranean region is defined as countries bordering the Mediterranean Sea.

The Mediterranean Sea, the world's largest inland sea is bounded by portions of Europe, Africa and Asia and 21 nations have a coastline on the Medtiterranean Sea.

Europe: Spain, France, Monaco, Italy, Malta, Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Albania, Greece and Turkey (East Thrace).
Asia: Turkey (Anatolia), Cyprus, Syria, Lebanon, Israel and Egypt (Sinai Peninsula).
Africa: Egypt, Libya, Tunisia, Algeria and Morocco. Some of the world's busiest shipping routes are in the Mediterranean Sea. It consists of two sub-regions, the Eastern Mediterranean and the Western Mediterranean.

Interesting Facts on the Mediterranean Sea:
The Mediterranean Sea is almost land locked as it is bordered by 21 countries.
 The Mediterranean Sea is connected to the Atlantic Ocean by the Strait of Gibraltar which is the main source of water for the sea.
 It has been estimated that it takes a century for the Mediterranean Sea to be completely renewed through the Strait of Gibraltar.
 The Mediterranean Sea has a very deep blue colour and the tides are not as prominent as other seas.
 The Mediterranean Sea also affects the climate of the region, which is most often wet, with cold winters and hot summers.

AUGUST 2011

CWT Globelink Vietnam

Globelink Vietnam started operations in March 2006 and has evolved over the years to become a leading NVOCC operator and well known LCL consolidation player in Vietnam. In May 2011, Globelink Vietnam also played host to CWT Globelink Group's CEO Summit held at Ho Chi Minh City with an attendance of 40 participants from 22 countries.

Vietnam is the easternmost country on the Indochina Peninsula in South East Asia and is the 13th most populous country in the world. The country shares its borders with China in the north, Laos in the northwest, Cambodia in the southwest and the South China Sea in the East.

The largest producer of cashew nuts and black pepper, accounting for one third of the global market and the second largest rice exporter after Thailand, Vietnam is one of the fastest growing economies in the world. Headquartered in Ho Chi Minh City, Globelink Vietnam has branch offices in Danang, Haiphong and Hanoi.

Head Office:
Thien Son Bldg, 8th Floor,
5 Nguyen Gia Thieu, District 3, Ho Chi Minh
Tel: +84-8-39306889 Fax: +84-8-39306898/99

Danang Office:
HAGL Bldg, 8th Floor,
1 Nguyen Van Linh, Hai Chau Dist., Da Nang
Tel: +84-511-3817947 Fax: +84-511-3817948

Haiphong Office:
ACB Bldg, 8th Floor,
15 Hoang Dieu Str, Hong Bang Dist., Hai Phong
Tel: +84-31-3746763 Fax: +84-31-3746765

Hanoi Office:
Nguyen Du Office Bldg, 3rd Floor,
30 Nguyen Du Str, Hai Ba Trung Dist., Ha Noi
Tel Tel: +84-4-9428695 Fax: +84-4-9428694

Ho Chi Minh City, situated in the south of Vietnam, is also the name of its port. The port is also referred to as Saigon Port, derived from the former name of the city. Many river ports are located along the Saigon River, from its mouth upwards. Ho Chi Minh Port is used to call the terminals and berths located within the administrative limits of Ho Chi Minh City.

Services Provided
 Non Vessel Operation Common Carrier (NVOCC)
 Master Consolidator
 Less than Container Load (LCL) and Full Container Load (FCL)
 Airfreight
 Project Handling
 Ex-Works / DDP Shipments
 Pick Up and Delivery
 Customs Brokerage
 Warehousing and Distribution
 Freight Packing
 Marine Freight Insurance
 Professional Import/Export Consultancy

Competitive Advantages in Export
 Leading master consolidator in Vietnam
 Only consolidator in Ho Chi Minh offering 3 sailings a week to/via Singapore
 Strong global network of offices and agents
 Competitive rates and transit using 4 transshipment hubs in Singapore, Hong Kong, Busan and Bangkok
 Reliable services with consistent weekly consolidation
 Competitive ex-works rates
 Secured and convenient CFS location for cargo packing
 Regular update of cargo status and conditions
 Team of professional and experience staff

Competitive Advantages in Import
 Leading master consolidator in Vietnam
 Strong global network of offices and agents
 Reliable services with consistent weekly consolidation from global destinations
 Competitive Port to Door services
 Secured and convenient CFS location
 Update of cargo status of container unpacking
 Team of professional and experience staff

JULY 2011

CWT Globelink Latin America

Latin America is made up of developing and emerging markets and is divided into 20 independent countries and 10 other political units. Brazil is by far the largest country in Latin America both in area and in population and it occupies more than 40 percent of the region's land area and has about a third of its people.

In Latin America, the key economies in the region are expected to continue growing at a healthy pace of at least 3.5-5% for the next 4 years. There is significant unexploited potential in the economic relationship between Latin America and to the rest of the world. And hence, offering tremendous opportunity as a source of new inbound and outbound trade growth for the region and the rest of the countries.

In 2010, Latin America sailed away from the global financial downturn, recording GDP rates of more than 5%. Looking ahead, Latin American countries are gearing towards even greater economic development and trade. In the past decade, USA and Europe are Latin America's top trading partners. Recent years, Latin America has also offered a sizeable market and trading opportunities with Asia. This may outpaced the traditionally top trading partners in becoming the ?Gems of the East.

To tap onto the rising waves of economic and trade performance of Latin America, CWT GLOBELINK is stepping up efforts to offer comprehensive network to the region. To date, the group is offering 72 weekly direct services to the Latin American countries. Comparing to the same period in 2010, there is a 36% increase in the direct lanes served. This signifies the growing interest in the region to better serve our customers with lower cost and faster transit time.

Over the years, customers have increased their expectation when it comes to moving their cargo from one destination to another. There is also a shift from a price-oriented to a service-oriented product in the NVOCC market, therefore, it is critical for the group to continuously improve, innovate and create a niche product in order to stay competitive.

New Direct Services Launched
 NINGBO, CHINA direct to SAN JOSE, COSTA RICA
 SHANGHAI, CHINA direct to ITAJAI, BRAZIL
 SHANGHAI, CHINA direct to RIO GRANDE, BRAZIL
 HONG KONG, CHINA direct to SANTOS, BRAZIL
 HONG KONG, CHINA direct to BUENO AIRES, ARGETNINA
 BILBAO, SPAIN direct to VERACRUZ, MEXICO
 BILBAO, SPAIN direct to SAN ANTONIO, CHILE

Services Enhancement
 PUSAN, KOREA 2 X Weekly VALPARAISO, CHILE

JUNE 2011

Globelink Korea
Based in South Korea, Globelink Korea under the umbrella of the CWT Globelink Group offers shipping service of the highest quality to client with its neutral NVOCC position.
Established in 2005, Globelink Korea has enjoyed remarkable success and growth as one of the leading NVOCC operator in the region.
The dynamic shipping and forwarding industry today requires innovated, ground-breaking concepts and Globelink Korea is doing just that. Entering a league of their own and providing better, quicker and more qualified services to existing and potential customers.

Globelink Korea provides a whole range of services including LCL, FCL, project cargo, door to door delivery and transportation, warehouse operations and customs clearance.

Main Services Offered
 Weekly export consolidation services to over 95 direct port calls in 54 countries
 Weekly import consolidation services from over 33 direct port calls in 19 countries
 Transshipment service at Pusan Hub for Latin America, North China, Japan Local Ports
 Import and Export customs clearance services
 Import consolidation CFS operation services
 Door to Door delivery services

Export
As a neutral NVOCC player, Globelink Korea's main activity is LCL export consolidation to global destinations on regular weekly sailings.

Competitive Advantages in Export
 Excellent reputation in the Korean market
 Financial reliability
 Well organized company structure
 Strong global offices and agency network
 Leading player in the Korean LCL consolidation market
 Extensive service coverage with monopoly services
 Service consistency with regular weekly consolidation to global destinations
 Competitive rates
 Convenient CFS location
 Team of professional and experienced staff

Import
Globelink Korea's main import activity is LCL consolidation from global destinations to the Korean Port of Pusan & Inchon. Customs clearance, distribution and door to door services are also offered.

Competitive Advantages in Import
 Strong global offices and agency network
 Service consistency with regular weekly consolidation from global destinations
 Worldwide service coverage through Korea or via Singapore
 Competitive rates with port-door service
 End to end service offering including customs clearance and door to door delivery
 Fast unpacking of containers
 Efficient and experienced team
 Dedicated personnel to handle nominations

Transshipment
Globelink Korea handles over 3,000cbm of transshipment cargo per month at Pusan Port which is the
one of biggest hub in the Asia Far East region.

Competitive Advantages in Transshipment
 Good geographical location as Hub in Pusan, similar to Singapore and Hong Kong
 Regular sailings with good transit time to Latin America for China, Japan and Asian origin cargo
 Regular and frequent sailings to China, Japan local ports for Asia, Europe and American origin cargo
 Fast and convenient transshipment procedure
 Competitive transshipment costs and rates
 Well organized and efficient team to connect all shipments

Globelink Korea, your leading consolidator in Asia to count on. For more information or enquiries, please contact the team at glk@globelink-korea.com

MAY 2011

CWT Globelink Singapore

Founded in 1988 with a staff strength of 170, CWT Globelink is the largest NVOCC in Singapore and the market leader in terms of service connectivity and trade routes. Other than its main core business of ocean freight LCL consolidation, CWT Globelink also provides FCL, freight forwarding services and airfreight services. With own CFS in the FTZ.

The Singapore Port's strategic location makes it a premier hub connecting to more than 600 ports in 120 countries. Singapore Port ranks as the top 3 busiest port in the world with 140,000 vessel calls per annum, emphasizing seamless global trade connectivity with reliable and efficient cargo handling.

Facts You May Not Know
 At any one time, there are about 1,000 vessels in the Singapore Port.
 Every minute, about 2 or 3 ships arrive or leave Singapore.
 More than 90% of world's trade is carried by sea today.
 There are about 5,000 Maritime companies contributing 7% to Singapore's GDP; employing more than 170,000 personnel.
 Seaborne trade remains the most energy-efficient and environmentally friendly mode of transporting cargo. Without it, half the world will starve and the half would freeze.

As a wholesaler NVOCC and master co-loader, CWT Globelink offers neutrality to Freight Forwarders; reliability and control over service quality with no further co-loading.

APRIL 2011

Globelink Opens Costa Rica & Guatemala Offices

CWT Globelink Ventures to the Americas

It is with great pleasure that CWT Globelink announce the establishment of 2 new Globelink offices in Central America – Globelink Aeroceano Costa Rica and Globelink Aeroceano Guatemala. This marks CWT Globelink Group's first foray into the Latin American region, which is a very important area with significant growth potential.
Globelink Aeroceano will be led and driven by Managing Director, Mr. Francisco Cordero, who has more than 15 years of experience in the freight forwarding industry, with in-depth knowledge especially in the Central American region. Francisco will be supported by a team of capable, experienced and dedicated professionals, led by the respective Commercial Directors – Ms. Marcela Diaz in Costa Rica and Mr. Raul Ureta in Guatemala.

With offices in San José, Costa Rica and Guatemala City, Guatemala, Globelink Aeroceano will be able to provide the group with comprehensive coverage of all the Central American countries - Costa Rica, Nicaragua, Honduras, El Salvador and Guatemala.

Along with the coverage of the two main economies in Central America, Globelink Costa Rica and Guatemala boost an established network of agents in the region.
Due to Costa Rica's location in Central America – bordering the Caribbean Sea and the Pacific Ocean, it is the perfect hub for the region. With weekly trucking service from San José to the main cities in Central America, Globelink's expansion into the new emerging market comes at the right time as the Subcontinent is negotiating a Free Trade Agreement with China.

Intra Central America Services Offered:
1. Weekly trucking from San José (SJO) hub to main cities in Central America departing every Friday from SJO warehouse.
2. Excellent relationship with Central America Customs and knowhow of specific cargoes — e.g. pharmaceuticals, foodstuff, chemicals and cargoes that require special permits.
3. Customs Brokerage service in Costa Rica and also covering every border in Central America.
4. Competitive air freight rates.
5. Experienced personnel to handle shipment enquiries.
6. Door to door services using own trucks in Costa Rica and Guatemala and using our agent´s in the other cities

Costa Rica Office Address:
Globelink Aeroceano Costa Rica
Bomba Costa Rica, 200 Norte, 125 Sur
Guadalupe, San José, Costa Rica
Phone: (506) 2221 0727
Fax: (506) 2221 0728

Guatemala Office Address:
Globelink Aeroceano Guatemala
Ave. Reforma 1-50 zona 9 Edificio El Reformador
5to. Nivel Oficina 504 Guatemala, Guatemala
Phone: (502) 2334 5382
Fax: (502) 2334 5385

With the opening of Globelink Costa Rica and Guatemala, CWT Globelink now has presence in 22 countries with a total of 92 offices. Other than Costa Rica and Guatemala, Globelink also operates in Australia, China, Croatia, Egypt, Hong Kong, India, Indonesia, Korea, Kuwait, Malaysia, Pakistan, Portugal, Romania, Singapore, Slovenia, Spain, Sri Lanka, Thailand, U.A.E and Vietnam.

MARCH 2011

Globelink Opens Romania Office

CWT Globelink Makes Headways into Europe

Fully operational from 21st March 2011, CWT Globelink's newest addition to the family, Globelink International (Romania) SRL has a full range of services to offer its clients and support the group's network.
Located at the cross junction of Central and Southeastern Europe and bordering the Black Sea between Bulgaria and Ukraine, Romania calls Bucharest its capital city and is the twelfth largest country in Europe.
The second largest population in Eastern Europe after Poland, Romania has 16 important industrial estates. It is predominantly an importing country with re-production and re-exports to Western Europe and UK by road. Cargoes can enter into Romania either by sea or by road.
Traditionally, Romania is a FCL market as there are no strong LCL consolidators providing regular direct services with acceptable transit time. Shippers as well as consignees prefer FCL to ensure sailing time is more predictable and controllable. Sharing of box concept is never the thought of the customers but being a four-season country and the importance of "just in time" makes Romania an upcoming potential market for LCL. As Romania is geographically located between Central Europe, CIS and Russia, it can be used as a gateway to serve the LCL market in Moldova, certain parts of Ukraine, Hungary and Bulgaria. (Refer to below map)

Headquartered in Bucharest, with branches at Constanta and Otopeni, Globelink Romania offices are located in close proximity to Otopeni airport and Constanta seaport, the largest port in the Black Sea.
While Globelink Romania focuses on the core business of LCL Consolidation, it also offers complementary FCL sea freight, air freight and customs brokerage services.
There are two main seaports in Constanta – Constanta North Port and Agigea. Constanta North Port is not meant for commercial containers but mainly focusing on oil and gas, chemical and other break bulk cargoes. Agigea, Constanta South Port, is operated by DP World.

For more information and enquiries, please contact Globelink Romania:-
Head Office Address:
Globelink International (Romania) Srl
111-115 Timisoara Blvd., 2nd Floor,
6th District, 061327
Bucharest, Romania.
Tel: + 40 21 4077401
Fax: + 40 21 4077460
CFS Address:
B-Dul Timisoara, 111-115, Sector 6,
061327 Bucharest

With the opening of Globelink Romania, CWT Globelink now has presence in 20 countries with a total of 90 offices. Other than Romania, Globelink also operates in Australia, China, Croatia, Egypt, Hong Kong, India, Indonesia, Korea, Kuwait, Malaysia, Pakistan, Portugal, Singapore, Slovenia, Spain, Sri Lanka, Thailand, U.A.E and Vietnam.

FEBRUARY 2011

CWT Globelink Receives CFS Safety Award

CWT Globelink has been acknowledged for its efforts at creating a safer CFS environment and has been presented with a safety award. CWT Globelink Group's executive chairman, Mr. Tan Choon Wei is proud to receive this award from Port of Singapore Authority (PSA).

Globelink manages its own CFS facilities within PSA Port's Free Trade Zone which is linked directly to the terminals.
With a total area of 93,000 sq ft and a handling capacity of 3,000 TEUs per month, Globelink also has ample expertise and experience to handle various shipments which requires special handling, e.g. hazardous cargo, heavy lift cargo and over-size cargo.

A full range of value-added services like trans-loading, re-palletizing and cargo labeling is offered to clients and agents as well.
With a network of CCTV systems and round-the-clock surveillance, clients can be assured of the tight cargo security and peace of mind when shipping with Globelink.

CWT Globelink has presence in 20 countries with a total of 90 offices. With Singapore as its HQ, Globelink operates in Australia, China, Croatia, Egypt, Hong Kong, India, Indonesia, Korea, Kuwait, Malaysia, Pakistan, Portugal, Romania, Slovenia, Spain, Sri Lanka, Thailand, U.A.E and Vietnam.

JANUARY 2011

Opening Message for 2011

The world economy generally made some recovery in 2010 albeit concerns over the slow recovery in US and Europe still persist. However, both sea and air freight reported increase in volume worldwide, with some trade lanes even surpassing volumes in 2008.
For the first 7 months in 2010, carriers controlled the supply of space and managed to impose GRIs successfully. Although the freight softened after August due to a drop in volume, most of the carriers managed to turn around and made good profits in the last year.
In 2010, there were also big fluctuations to the US currency. Most of the Asian currencies appreciated against the US Dollars. Moving forward, we foresee the world volume will continue to grow but not as fast as the speed in 2010. Carriers will continue to impose GRIs but the rise will not be at the same comparable levels as 2010.

For CWT Globelink Group, we will continue to strengthen and consolidate our LCL market position as the leading Asia player and quickly expanding into other European markets. This strategic move is evidenced by our expansion into the Eastern Europe and services into the CIS markets. 2010 had seen us making inroads into Slovenia and Rijeka in Croatia for Eastern Europe. We also expanded our presence from Spain to Portugal by providing our customers with a wider coverage of this market with the opening of our Portugal office, cementing our grip on the Iberian Peninsula. Our foothold in West Africa was also enhanced with the expansion of direct services into Nigeria and Ghana.
At the same time, back in Asia, we have tightened our network by closing the loop with the opening of our Hong Kong and Indonesia offices.

Today, CWT Globelink Group has 90 offices spread across 20 countries and together with our extensive network of service agents, connecting customers seamlessly to 120 direct ports and over 1,200 inland destinations. Expanding our global network has been very much been an important game plan for CWT Globelink and moving forward we will continue to seek such opportunities.
In 2010, we also made further head ways into International Freight forwarders (IFF) accounts. We were invited to participate in more RFQs and have been successful in a number of global tenders. This is a testimony to the fact that more global IFFs have endorsed Globelink/Global Consolidator Alliance (GCA) as a global brand name.

We will continue our efforts to heighten the awareness of the Globelink/GCA as a worthy global brand name amongst the IFFs and strengthen our market share in this market segment.
With the increased cargo volume and stabilized carrier rates in 2011, together with the support from the members of the CWT Globelink family and network, we will continue to navigate whatever uncertainty in the present economic environment, and capitalized on any favourable market conditions to bring the group to a new height.

I would take this opportunity to thank all of our customers, partners, agents and friends for your continual support and wish all of you a Prosperous, Happy and Healthy 2011.

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