This is a kind reminder as the Lunar New Year approaches, which traditionally means production shutdown in many Asian countries, including China, for a few weeks. The entire industry must be aware and prepared to prevent delays, as most operations close, and employees generally return home for several weeks.

We are very pleased to inform that the potential dock worker strike at US East and Gulf coasts ports has been averted, following a tentative agreement reached between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX).

As we enter 2025, the global transportation and logistics landscape is defined by a duet of known and unpredictable forces battling each other. On the one side of the 2025 equation stands a historically volatile geopolitical environment, while on the other side is a supply-and-demand situation with a projected supply surplus.

Scan Global Logistics (SGL) further strengthens its strategic position in East Africa by opening its first office in Dar Es Salaam, Tanzania, a major regional gateway. Access to the Port of Dar es Salaam offers SGL an advantage in serving landlocked countries such as Rwanda, Burundi, Zambia, and the Democratic Republic of Congo, unlocking new opportunities for cross-border logistics solutions.

Our efforts in sustainability and providing low-carbon logistics have been awarded the 'A' rating, the highest possible ranking from the CDP (Carbon Disclosure Project), the leading organisation in sustainable economy and environmental reporting. The rating reaffirms our steady dedication to reducing our own and our customers' CO2 emissions through ongoing collaborations with suppliers and customers across the supply chain.