NOL wins IDC Enterprise Innovation award

Singapore, 29 July 2010: Global container transport and logistics leader NOL Group today announced that it has been named a winner of IDC Asia Pacific’s Enterprise Innovation award.

The award recognizes Asia's top organizations in IT innovation, application and business excellence. More than 200 entries were submitted for the award to IDC, a global provider of market intelligence, advisory services, and events for the information technology and telecommunications markets.

“We’re delighted to have won this prestigious award,” NOL Group CIO Wu Choy Peng said. “It’s recognition of our innovative approach to combining NOL’s existing technology and infrastructure with emerging technology available in the market.”

NOL was honored for a project that “leveraged emerging technologies and IT processes to rejuvenate, sustain and empower business growth”.

To meet the mandatory Importer Security Filing (ISF) and Additional Carrier Requirements administered by the US Bureau of Customs and Border Protection (CBP), NOL designed a system that enabled customers to comply with the ruling which came into force in January 2010.

The ISF requires importers to electronically transmit to CBP 10 data elements no later than 24 hours before cargo is loaded on a vessel destined for the US. Data elements include name and address of manufacturer, seller, buyer and container stuffing location.

The Additional Carrier Requirements call for carriers to submit

a stow plan for vessels bound for the US no later than 48 hours after the carrier’s departure from the last foreign port; and

daily status updates to CBP on all containers with cargo bound for the US.

In devising the system, NOL applied established technology to give customers the flexibility to submit cargo information in their preferred format; and provide online monitoring and tracking of incoming and outgoing data.

Work on the project commenced in 2008 and was completed in early 2010.

Media Enquiries:

Mike Zampa

Telephone: (65) 6371 5022

mike_zampa@nol.com.sg

About NOL

Neptune Orient Lines (NOL) is a Singapore-based global container shipping, terminals and logistics company. Its container shipping arm, APL, provides world-class container shipping services and intermodal operations supported by leading-edge IT and e-commerce. Its logistics business, APL Logistics, provides international, end-to-end logistics services and solutions, employing the latest IT and data connectivity for maximum supply chain visibility and control. NOL Web site: www.nol.com.sg