CEVA Logistics has signed a new contract worth ZAR14 million (US$1.9 million) per annum with Rui Star Trading, a mining company focussed 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, moving 4,600 TEU every year.

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 square metres of space will be dedicated to the customer.

"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," said Rui Star Trading managing director Jaqi Gao.

"CEVA's ability to provide highly specialised logistics solutions, as well as a constant focus on cost effectiveness convinced us that this partnership will lead to great achievements."

Source: schednet