SHANGHAI INTERNATIONAL PORT GROUP, GEORGIA PORTS AUTHORITY AND SAVI NETWORKS PLAN REAL-TIME INFORMATION PILOT ON CARGO SHIPPED FROM SHANGHAI TO SAVANNAH
SaviTrak™ to provide RFID-Based Information on the Location and Security of Shipments Between China and the United States
SAVANNAH, Georgia. – June 5, 2007 – Shanghai International Port Group (SIPG), the Georgia Ports Authority (GPA) and Savi Networks today announced their plans to launch an RFID-based network that automatically tracks the location and security of containerized cargo transported between the Port of Shanghai in China and the Port of Savannah in Georgia. Called the “Shanghai-Savannah Express Trade Lane Project,” the companies announced their partnership plans today at the Third Annual China Trade and Logistics Conference held at the Savannah International Trade and Convention Center.
SIPG and Savi Networks have jointly developed a localized China RFID solution which includes electronic seal and GPS integrated handheld for this project. This solution builds on a project previously conducted by SIPG from Shanghai to Yantai and will facilitate SIPG’s objective of being a global information and logistics hub.
The solution will be built upon an open, international standards-based network platform, including compatibility with ISO standard 18000-7 for active RFID devices and ISO standard 18185 for electronic container security devices, both operating at the 433.92 MHz radio frequency.
“We’re embarking on this pilot with Savi Networks to ensure that SIPG provides our customers and China Customs with state-of-the-art information services to optimize both the efficiency and security of shipments both domestically and globally,” said Bao Qifan, Executive Vice President at SIPG.
“The extension of our real-time information service to the Port of Shanghai adds yet another critical link to our growing network throughout the global supply chain,” said Vic Verma, chief executive officer of Savi Networks.
After the successful completion of the project, SIPG and Savi Networks will extend its Radio Frequency Identification (RFID)-based solution and SaviTrak™ information service to terminal facilities operated by SIPG at the Port of Shanghai, one of the world’s largest and busiest ports and key gateway for products manufactured in China and shipped to the United States. SaviTrak™ already exists at the Port of Savannah under a previously announced agreement between the Georgia Ports Authority and Savi Networks.
Savi Networks, the operator of a global network providing real-time information services on in-transit inventory, is a joint venture between Savi Technology, Inc., a Lockheed Martin company [NYSE: LMT], and Hutchison Port Holdings. To learn more about Savi Networks, visit: www.savinetworks.com.
The Shanghai port, a hub port in eastern China, totally handled 21.71 million TEUs, up 3.63 million TEUs, or 20.1 percent versus 2005. It has ranked third in the world by container throughput for four consecutive years. In 2005, the port reached cargo throughput of 443 million tons, replacing the Port of Singapore as the largest cargo port in the world. SIPG, the exclusive operator of all the public terminals in the Shanghai port, is mainly engaged in cargo shipping, logistics information management, manufacture and lease of containers. Established in January 2003 by reorganizing the former Shanghai Port Authority, SIPG has had eight wholly-owned subsidiaries and operated 125 berths covering an overall length of about 20 kilometers. Of the berths, 82 ones can accommodate 10,000-deadweight-ton vessels or above.
Georgia’s deepwater ports and inland barge terminals support more than 286,476 jobs throughout the state annually and contribute $14.9 billion in income, $55.8 billion in revenue and $2.8 billion in state and local taxes to Georgia’s bustling economy.