World’s Largest LCL service provider ECU-LINE celebrates 25 years of Leadership in the NVOCC space

Hong Kong, February 21 2014: One of the global leaders in the NVOCC industry, ECU-LINE is celebrating its 25th anniversary today in Hong Kong, at an event which will be attended by more than 300 representatives including global customers and ECU-LINE’s global and APAC management teams.

As part of the global conglomerate Avvashya Group, ECU-LINE is the world’s largest LCL service provider, headquartered in India, with a presence across more than 90 countries and 200 offices worldwide. It owns hubs in all strategic ports across the globe, including Antwerp and Hamburg servicing all European traffic, Dubai covering the Middle East, Singapore and Hong Kong serving as gateways to more than 350 Inter-Asia traffics and Miami, Panama, Sao Paulo and Buenos Aires are covering Latin America and Durban covering South and Central Africa. It offers a wide variety of Value Added Services, Outsourcing Solutions and Consultancy services across its LCL and FCL expertise. ECU-LINE presently services global customers including logistics multinationals, shipping lines, freight forwarding companies and others.

To consolidate its leadership in the NVOCC space, in September 2013 ECU-LINE also acquired Econocaribe Consolidators, based in USA with 9 offices across North America and employing over 350 professionals. Previously Econocaribe was also the agent of ECU-LINE. Last year also marked the acquisition of FCL Marine Agencies Rotterdam, specializing in FCL services. These global expansions have made ECU-LINE a leader in the logistics space.

Commenting on the occasion Mr. Shashi Kiran Shetty Founder & Executive Chairman of Avvashya Group and ECU-LINE said “We would like to dedicate ECU-LINE’s 25 years of global leadership, to our customers across the world who have inspired us and believed in us to deliver best in class services and create new industry benchmarks. We will continue with our commitment to add value to the business of our customers not only through LCL and FCL services, but also by innovating new avenues to make their logistics needs more efficient, productive and seamless to their business objectives.

Going forward, the APAC region will be one of the cornerstones for ECU-LINE’s global growth strategy. We foresee this region playing a major role in driving economic growth globally. We are very positive of scaling our business here and efficiently integrating the logistics requirements of our customers based in this part of the world with our global network”.

About ECU-LINE: As part of the global conglomerate Avvashya Group, ECU-LINE is the world’s largest LCL service provider and a global leader in NVOCC services, with industry lineage of over 25 years. Headquartered in Mumbai, ECU-LINE is present across more than 90 countries and 200 offices globally connecting over 4,000 port pairs