Serving up Hokkaido scallops: DHL Global Forwarding introduces air charters to Hong Kong

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Re-establishing this key export route will help seafood producers in Hokkaido reach consumers in China and Hong Kong

 

TOKYO, JAPAN – Media OutReach – 29 June 2020 – For scallop
producers in Hokkaido, which is a key source for importers of the premium
delicacy, June typically marks the beginning of a new
harvest season
that ends in October. However, since the authorities started
imposing travel restrictions due to Covid-19, exporters from the region were
unable to fly scallops and other perishables directly to Hong Kong, the top
importer
of Japanese agricultural and marine products and a gateway to
China, which saw overall seafood imports increase
by 39%
in 2019 to ¥1.6 trillion (€13.3 billion).

 

DHL Global Forwarding launched a thrice-weekly charter from
Chitose to Hong Kong. The charter is the only direct air freight service from Hokkaido’s
main international airport to Hong Kong since airlines halted international
flights from the airport. Japan has seen its year-on-year export
of seafood fall
from ¥22.9 billion to ¥14.9 billion in April this year.

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“As countries took time to recover and travel restrictions
remained firmly in place for weeks before being gradually lifted, there was an
urgent demand to bring fresh perishable seafood to consumers outside of Japan. As
one of the leading international forwarders in Japan’s seafood trade, I am extremely
proud that we were able to work with our partners to swiftly organize the first
direct freight service from Chitose to Hong Kong. With an export pathway
established for perishables, including scallops, sea cucumber and melons,
producers in Hokkaido can be assured that their harvests will reach consumers
in a timely manner and in their optimum states,” said Charles Kaufmann, CEO,
North Asia South Pacific, DHL Global Forwarding and President/Representative
Director, DHL Global Forwarding Japan K.K.

 

For the leading international
provider of air, sea and road freight services, scallops make up the largest
portion of seafood that it ships out of Japan and primarily from Hokkaido, a
top producer of seafood in the country. Japan has seen its domestic consumption
of seafood decrease by more than 20% and has been actively pushing its seafood
overseas to support its 1.4
trillion yen (€10 billion) seafood industry
.

Read Also:  Huntkey Presents at the All-Digital CES 2021
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In May 2019, DHL Global Forwarding marked
its 50th anniversary in Japan with the opening of its wholly-owned
office in Chitose. The freight forwarder’s dedicated presence in Hokkaido provides
critical customs expertise to local businesses exporting to overseas markets, and guarantee
the quality of the seafood by using reliable state-of-the-art cold chain
technologies.  

 

Note to editors:

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Scallops dominated seafood exports for Japan in 2018,
with the country’s northernmost island of Hokkaido netting the bulk of it. The
island accounted for up to 80 percent of domestic scallop production and 20
percent of the country’s overall seafood production.
Read more about the challenges and opportunities
that the scallop industry in Hokkaido is facing on Logistics of Things.

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL
divisions offer an unrivalled portfolio of logistics services ranging from
national and international parcel delivery, e-commerce shipping and fulfillment
solutions, international express, road, air and ocean transport to industrial
supply chain management. With about 380,000 employees in more than 220
countries and territories worldwide, DHL connects people and businesses securely
and reliably, enabling global sustainable trade flows. With specialized
solutions for growth markets and industries including technology, life sciences
and healthcare, engineering, manufacturing & energy, auto-mobility and
retail, DHL is decisively positioned as “The logistics company for the world”.


DHL is part of Deutsche
Post DHL Group. The Group generated revenues of more than 63 billion euros in
2019. With sustainable business practices and a commitment to society and the
environment, the Group makes a positive contribution to the world. Deutsche
Post DHL Group aims to achieve zero-emissions logistics by 2050.

Serving up Hokkaido scallops: DHL Global Forwarding introduces air charters to Hong Kong

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Latest News

Cityneon Raises S$235 Million; Well Positioned for Next Growth Chapter

  • The global experience entertainment company gets a S$235 million shot in the arm, closes its private fund raising in April 2021
  • Investors both new and existing include Singapore's Pavilion Capital, Seatown Holdings International and EDBI, Qatar's Doha Venture Capital and financial institutions and family offices in Singapore and China
  • These now join other existing Cityneon shareholders CITIC Capital, veteran entrepreneur and investor Mr. Johnson Ko, and Executive Chairman & Group CEO Mr. Ron Tan
  • Funding comes just after the Group acquired multi-year licensing rights for James Cameron's AVATAR touring exhibition, and two original artefacts IP on the ancient civilization Machu Picchu from Peru and Ramses the Great (Ramses II) from Egypt
  • Investments position the Group well to bring experiences across the globe, targeting to launch six experiences in China and five in the U.S. by the end of 2021, with more in other parts of the world
Read Also:  Pace of Growth Declines Further for Japanese Trade

SINGAPORE - Media OutReach - 21 April 2021 - Cityneon Holdings ("Cityneon", the "Company"/collectively with its subsidiaries, the "Group") raised S$235 million in the most recent round of private funding. The latest round of funding adds seasoned investors to Cityneon's already strong stable of shareholders.

This funding round was led by Singapore's Pavilion Capital, Seatown Holdings International, EDBI, and Cityneon's Executive Chairman & Group CEO, Mr. Ron Tan. EDBI and Pavilion Capital are existing shareholders of Cityneon whilst new investors include Seatown Holdings International, Qatar's Doha Venture Capital, which will now own approximately 4 per cent of the Group, and other financial institutions and family offices in Singapore and China.

These now join other existing Cityneon shareholders CITIC Capital, veteran entrepreneur and investor Mr. Johnson Ko, and Executive Chairman & Group CEO Mr. Ron Tan to form a new and strong shareholder base for the Group. Mr. Johnson Ko and Mr. Ron Tan remain as the largest shareholders of the company via their combined entity, West Knighton Limited.

The Group is now well positioned for its next growth chapter and will use the proceeds for capital expenditure that includes building more of its various intellectual property (IP) exhibition sets, totaling 24 travelling and four semi-permanent sets under the Studio IP partnerships and three travelling sets under the original artefact IP partnerships by the end of 2022.

Already, the Group just signed its fifth IP rights with Avatar from 20th Century Studios last year. Amidst the anticipation from Avatar fans worldwide, Cityneon will debut a multi-sensory Avatar exhibition in Chengdu, China in May 2021, ahead of the Avatar movie sequel which is slated for release in 2022. Avatar is the world's top grossing film of all time at over US$2.8 billion, and adding millions more after its successful re-release in China in March 2021. Avatar's director James Cameron has announced that he will be producing four sequels with 20th Century Studios, with the first sequel slated for release next year. Disney acquired 20th Century Studios for US$71 billion in 2019.

The Company also recently entered the original artefacts IPs space and will stage international exhibitions of the treasures of the ancient civilization Machu Picchu from Peru in Boca Raton, Florida and Pharaoh Ramses II from Egypt in Houston, Texas. These two experiences will start welcoming visitors in October and November 2021, respectively.

Other IP rights that the Group holds include partnerships with Universal Studios for Jurassic World: The Exhibition, Marvel for Avengers S.T.A.T.I.O.N., Lionsgate for The Hunger Games: The Exhibition and Hasbro for Transformers Autobot Alliance. All in, Cityneon holds the IP rights for five of the top 10 worldwide box office hits and two artefacts IP from Peru and Egypt. The Group expects to have six sets of its various IP rights travelling across China, and five travelling and permanent sets in the United States, with a few more in other parts of the globe.

The Group will also be reopening experiences that were temporarily closed in 2020, aiming to provide visitors with a safe entertainment option. These include the Marvel Avengers S.T.A.T.I.O.N. in Toronto, Canada that will be re-opening in May 2021; and the Marvel Avengers S.T.A.T.I.O.N. exhibition in Lotte Mall in Seoul, Korea in April 2021; the same exhibition space which previously housed Jurassic World: The Exhibition, another IP experience exhibition by the Group in 2019. In the past month, the Group also witnessed record visitor numbers at their semi-permanent installations in Las Vegas, USA, signaling a strong comeback and demand for their immersive experiences, as they step into the 6th year of operations there.

While there are exciting plans lined up, the Group is not resting on its laurels. More Hollywood IPs and artefact IPs can be expected, and there will be further announcements on new IP verticals in entertainment experiences that the Group is looking to enter.

Mr. Ron Tan, Executive Chairman & Group CEO of Cityneon, said: "It is exciting that the Company is going through such strategic expansion as one of the largest providers of exhibition entertainment experiences globally. The S$235 million funding round sets a solid foundation for us to invest in developing more of our entertainment experiences, to stage even more exhibitions of the five box office hits and two artefact IPs that we hold the rights to all over the world. I'm thankful that our strong investors base, now from Singapore, Hong Kong, China and the Middle East, have trust in our vision, and believe alongside us that this space of big ideas and big experiences will only grow."

By the end of this year, Cityneon will arguably be the largest provider of exhibition entertainment experiences internationally; with global footprints in more than 50 cities and welcoming 10 million unique visitors across the world by 2022.

Cityneon Holdings

With its global reach and international partnerships, Cityneon has the capability to serve its clients anywhere in the world. Cityneon was listed on the Mainboard of the Singapore Stock Exchange since 2005, and was privatized on February 2019 by West Knighton Limited, a company wholly owned by Cityneon's Executive Chairman and Group CEO, Ron Tan, together with Hong Kong veteran entrepreneur and investor, Johnson Ko Chun Shun. Johnson is a capital markets veteran and has held controlling interests and directorships in many listed companies. In May 2019, Cityneon welcomed CITIC Capital as a new shareholder, who holds approximately 10% shares in Cityneon. CITIC Capital is part of CITIC Group, one of China's largest conglomerates, and has over US$25b of assets under its management across 100 funds and investment products globally. Other institutional shareholders of the Group include EDBI - a Singapore government-linked global investor, and Pavilion Capital - a Singapore-based investment institution which focuses on private equity investments, that made strategic investments in August and October 2019 respectively, to support the Group's further expansion globally. For more information, please visit www.cityneongroup.com.


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