Yantian International Containers Terminals Selects PIERS to Supply Import-Export Data

Yantian International Containers Terminals Selects PIERS to Supply Import-Export Data

October 06, 2006

    NEWARK, N.J., Oct. 6 /Xinhua-PRNewswire/ -- PIERS
Global Intelligence Solutions announced that it has been
selected by Yantian International Container Terminals
Limited (YICT) to serve as its primary supplier of current
data, statistical analysis and projections on waterborne
transpacific trade.

    "We are extremely pleased to have been chosen by
Yantian International to support them as they oversee the
expansion of their port facilities," says PIERS
president Brendan McCahill. "PIERS is honored to be
able to make a contribution to the vigorous growth of
Yantian and Shenzhen Port."

    "China is our era's global economic
powerhouse," remarks Richard Hanft, director of PIERS
Asia-Pacific, "and Shenzhen Port is fast becoming one
of its primary entryways, having vaulted from the eighth-
to the second-ranked Chinese container port, based on
throughput, in just five years in the 1990s. The
fourth-ranked container port worldwide since 2003,
Shenzhen's continued growth is assured with expansion
projects such as Yantian International's."

    Hanft adds that PIERS Asia-Pacific has itself seen
steady growth as major port authorities, NVOCCs, freight
forwarders, trade associations, and commercial enterprises
across the region join the trade-data provider's customer
base.

    "Preliminary figures indicate a tenfold increase
in China sales in the last year alone," he says.

    About Yantian International Container Terminals
Limited:
    Yantian International Container Terminals Limited
(YICT), a joint venture established by the Hutchison Port
Holdings (HPH) Group and Shenzhen Yantian Port Group (YPG),
commenced operations in mid-1994. The company is responsible
for operating and managing Phases I, II and III of the
Yantian Port Expansion. For more information about YICT,
visit its Web site at http://www.yict.com.cn .

    About PIERS and Commonwealth Business Media:
    A Division of Commonwealth Business Media, Inc., PIERS
was launched by The Journal of Commerce over 30 years ago
as its first venture in electronic information. PIERS is
the primary source of U.S. waterborne import-export trade
data and a leading provider of global trade intelligence
solutions. For more information about PIERS, visit its Web
site at http://www.piers.com For information about PIERS
Asia-Pacific, go to http://www.piers.hk .

    Commonwealth Business Media, Inc., a subsidiary of
United Business Media plc, is the leading information
provider to the global trade and transportation market with
comprehensive proprietary data, news and analytical content.
Including PIERS Global Intelligence Solutions, its other
leading brands include The Journal of Commerce, BACK
Aviation Solutions and a number of directory databases
covering the international trade, railroad and trucking
markets. Commonwealth is headquartered in East Windsor, New
Jersey, with offices in Newark, San Francisco, New Haven,
Long Beach, Atlanta, Montreal, Toronto, Washington, DC,
Miami, Ft. Lauderdale, Tampa, Hong Kong and London. For
more information on Commonwealth Business Media, Inc. and
the products they offer, visit http://www.cbizmedia.com or
call 800-221-5488.

    CONTACT:  

     Lisa Wallerstein
     PIERS Global Trade Intelligence, 
     Tel:   [phone], 
     Email: [e-mail]

SOURCE  Commonwealth Business Media