Modern Terminals and WNS Form Strategic Partnership to Service the Shipping & Logistics Industry
January 11 2013 - 3:34AM
Business Wire
Modern Terminals Limited, a leading container terminal operator
headquartered in Hong Kong, and WNS (Holdings) Limited (WNS)
(NYSE:WNS), a leading provider of global Business Process
Outsourcing (BPO) services, today announced a strategic partnership
to deliver BPO services and solutions to the shipping and logistics
industry.
Under the agreement, WNS and Modern Terminals will jointly work
to provide shippers, forwarders, 3PL's and ocean carriers BPO
services designed to reduce costs as well as improve business
process efficiency and effectiveness.
"We are continuously on the lookout for new and more innovative
ideas that can potentially add value for our customers,” said Peter
J. Levesque, Chief Commercial Officer, Modern Terminals. “This
strategic framework agreement with WNS will enable Modern Terminals
to provide a combination of creative service options for our client
base, beyond traditional port services."
“We believe that our alliance with Modern Terminals will allow
WNS to reach a target set of industry leaders through our joint
value proposition that promises to deliver operational excellence
and enhanced end-customer experience,” said Keshav R. Murugesh,
Group CEO, WNS.
Modern Terminals has been continuously aiming to deliver service
excellence ever since the company’s inception, with the opening of
Hong Kong's first purpose-built container terminal in September
1972. The company has just celebrated its 40th anniversary last
year and has an annual capacity of over 7 million TEUs. Modern
Terminals has also been actively expanding into Mainland China in
recent years. The company holds majority stake in and operates Da
Chan Bay Terminal One in the Pearl River Delta (PRD) and Taicang
International Gateway in the Yangtze River Delta (YRD).
Jaison Augustine, Senior Vice President and Segment Head,
Shipping & Logistics BU at WNS, added, “We believe this
partnership provides us with a great platform for offering
innovative solutions to industry leaders associated with Modern
Terminals. WNS’s solutions for the shipping and logistics industry
span several key business processes including bookings, tariff
management, export & import documentation, terminal operations,
equipment control, finance & accounting and analytics. We are
excited about the opportunities to enhance and refine these
offerings through this partnership.”
WNS brings to the relationship an established leadership
position in delivering end-to-end BPO services to the shipping and
logistics industry, along with a proven track record of providing
operational process excellence, customized solutions and actionable
insights.
About Modern Terminals
Modern Terminals has been continuously aiming for service
excellence ever since it opened Hong Kong's first purpose-built
container terminal in September 1972. Apart from optimizing its
business in Hong Kong Port, it has also been actively expanding
into China in recent years. Modern Terminals holds the majority
shares in and operates Da Chan Bay Terminal One in the Pearl River
Delta (PRD) as well as Taicang International Gateway in the Yangtze
River Delta. It also holds equity stakes at Shekou Container
Terminals and Chiwan Container Terminal in PRD. For more
information, please visit www.ModernTerminals.com.
About WNS
WNS (Holdings) Limited (NYSE: WNS) is a leading global business
process outsourcing company. WNS offers business value to 200+
global clients by combining operational excellence with deep domain
expertise in key industry verticals including Travel, Insurance,
Banking and Financial Services, Manufacturing, Retail and Consumer
Packaged Goods, Shipping and Logistics and Healthcare and
Utilities. WNS delivers an entire spectrum of business process
outsourcing services such as finance and accounting, customer care,
technology solutions, research and analytics and industry specific
back office and front office processes. As of September 30, 2012,
WNS had 25,714 professionals across 30 delivery centers worldwide
including Costa Rica, India, Philippines, Poland, Romania, South
Africa, Sri Lanka, United Kingdom and the United States. For more
information, visit www.wns.com.
Safe Harbor Provision
This document includes information which may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
the accuracy of which are necessarily subject to risks,
uncertainties, and assumptions as to future events. Factors that
could cause actual results to differ materially from those
expressed or implied are discussed in our most recent Form 20-F and
other filings with the Securities and Exchange Commission. WNS
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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