Welcome!

News Feed Item

New Shipping Agency Set to Bring Radical Change to the Industry



Wave Shipping to bring change to current industry practice with its differentiated value proposition

Mr Lars Rosenkrands, Founder & CEO (Photo Credit: Wave Shipping)
SINGAPORE, Sept 2, 2014 - (ACN Newswire) - The shipping industry is set to see an unprecedented paradigm shift with the launch of Wave Shipping. Through a fresh approach to meeting customers' challenges and by introducing new technologies, Wave Shipping has set its sights on revolutionising the industry and becoming a global provider of port agency services.

On board to steer the agency is a team of industry veterans from leading maritime services companies and leaders across all business disciplines. Mr Lars Rosenkrands, Founder & CEO of Wave Shipping, said: "We are making a bold promise; to bring change to an industry that is traditionally averse to changes. Our goal is to provide a significantly improved customer experience in port agency by combining a truly competent and experienced team with a unique approach to digital information delivery, which offers a higher level of convenience, transparency and service consistency for clients and partners."

The Differentiating Factors

The primary assets of Wave Shipping are the people and the management team. Inspired by companies in other industries with outstanding customer service records, Wave Shipping adopts a flat organization structure with the aim of facilitating a culture of transparency, empowerment and performance.

Mr Rosenkrands is confident of this differentiated structure. "Limitations brought about by bureaucratic red tape will no longer be a concern; this structure calls for independent decision-making and brings about more efficient and client-focused solutions. It also increases the agency's involvement in the clients' business progress and development - becoming an effective partner in assisting clients with challenges instead of actions based on top-down instructions," he says.

As a commitment to provide efficient services, Wave Shipping has also integrated a unique client-facing application into its IT system, which allows real-time access to reports and data for port operations and cost accounting.

The Opportunities

With more than 1.4 million port calls recorded in 2013 and US$6 billion in estimated potential agency revenue, Mr Rosenkrands sees great potentials and opportunities for Wave Shipping in the market.

"Currently, what we see is a highly fragmented industry with thousands of relatively small agencies and with the four global agencies having a combined market share of less than 15 percent by volume of port calls handled. There is an opportunity to consolidate the industry, improve the overall customer service competency and eliminate bureaucratic inertia in the market. With highly differentiated service levels and efficient business processes, Wave Shipping will be able to fill the gap by providing an unprecedented level of customer-oriented services in the industry," says Mr Rosenkrands.

The Team

Founded by Mr Rosenkrands and Mr Alvin Lo, also the Chief Financial Officer of the company, Wave Shipping was created with the vision to shake up the shipping agency industry.

Mr Rosenkrands, who helms the company, has more than 20 years of senior leadership experience in the shipping industry. In his previous role, he drove geographical and business expansion in new countries and markets for one of the global market leaders in port agency. With his extensive business experience in Asia, Middle East and Europe, Mr Rosenkrands is well prepared to lead the expansion of Wave Shipping.

Mr Lo is a CPA with extensive experience working in the shipping industry; he has worked alongside Mr Rosenkrands in the same global port agency for more than 10 years and has managed its Asia Pacific finance function, during which he was involved in expanding and overseeing its network of offices in the region.

The two founders are supported by a strong team of market leaders from around the world, who are just as committed to bring about change and to create a truly customer-focused experience to the shipping agency industry.

The Future

Wave Shipping has offices in Australia and Singapore that are now in operation. The agency has plans to expand its operations in the Middle East and other parts of Asia in the later part of the year. Its target is to establish presence in 20 countries over the next three years and acquire a more significant market position with 13,000 to 14,000 port calls a year within five years.

"Market reaction towards the launch of Wave Shipping has been very encouraging. We are well poised to capitalise on this client interest to exceed the initial targets. Personally, I am heartened by the warm response towards our agency. I strongly believe that with the support of my team, we will be able to make a positive impact in the industry. It is an exciting time for all of us," says Mr Rosenkrands.

For more information, please visit www.wave-shipping.com

About Wave Shipping

Wave Shipping is a shipping agency services firm based in Singapore serving major client types within a diverse range of market segments. The company provides a full suite of maritime services to the global shipping and offshore industry, offering port agency services, outsourcing solutions and logistics services. These services include managing appointment and performances, travel and crew transfer, port and cargo operations, reporting and accounting, representing interests, managing service requirements and customs clearance services etc.

With a diverse portfolio of services and expertise, Wave's team of dynamic and experienced personnel combines management skills and analytical acumen, offering a clearly differentiated value proposition that focuses on client-centric processes and solutions, which sets it apart from most shipping agencies.

Leveraging on the close liaison and rapport with local port authorities and key players in major geographical shipping clusters, Wave Shipping has the advantage of being able to offer port agency services from a global and multi-regional perspective. www.wave-shipping.com

Source: Wave Shipping

Copyright 2014 ACN Newswire. All rights reserved.

More Stories By ACN Newswire

Copyright 2008 ACN Newswire. All rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Organizations do not need a Big Data strategy; they need a business strategy that incorporates Big Data. Most organizations lack a road map for using Big Data to optimize key business processes, deliver a differentiated customer experience, or uncover new business opportunities. They do not understand what’s possible with respect to integrating Big Data into the business model.
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, will discuss how they b...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities – ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups. As a result, many firms employ new business models that place enormous impor...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous a...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, will provide a fun and simple way to introduce Machine Leaning to anyone and everyone. Together we will solve a machine learning problem and find an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intellige...
SYS-CON Events announced today that TidalScale, a leading provider of systems and services, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale has been involved in shaping the computing landscape. They've designed, developed and deployed some of the most important and successful systems and services in the history of the computing industry - internet, Ethernet, operating s...
SYS-CON Events announced today that TidalScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale is the leading provider of Software-Defined Servers that bring flexibility to modern data centers by right-sizing servers on the fly to fit any data set or workload. TidalScale’s award-winning inverse hypervisor technology combines multiple commodity servers (including their ass...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
Amazon is pursuing new markets and disrupting industries at an incredible pace. Almost every industry seems to be in its crosshairs. Companies and industries that once thought they were safe are now worried about being “Amazoned.”. The new watch word should be “Be afraid. Be very afraid.” In his session 21st Cloud Expo, Chris Kocher, a co-founder of Grey Heron, will address questions such as: What new areas is Amazon disrupting? How are they doing this? Where are they likely to go? What are th...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
We all know that end users experience the Internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices – not doing so will be a path to eventual b...