US-headquartered Blume Global opened its Asia Pacific regional office in Hong Kong last Thursday amidst on of the territory’s more challenging periods in its recent history.
In recognition of the brave decision to open the business now, among those present at the reception held at the company’s new office space in Kwai Fong on Friday, were the director-general of InvestHK, Stephen Phillips, managing director of the Hong Kong Shipowners Association, Sandy Chan, the executive director of the Hong Kong Shippers Council, as well as numerous senior representatives of major shipping and logistics companies.
In a speech to the attendees, InvestHK’s Mr Phillips said, “We would like to thank Blume Global for opening their first Asia Pacific office right here in Hong Kong. We particularly appreciate Blume Global opening during these challenging times. I really hope that this positive news will inject some spirit into the industry and indeed in Hong Kong more generally.
“I believe there are a lot of good reasons to be confident about the future. The presence of the logistics industries plays such an important role in Hong Kong, accounting for over 20% of GDP, and employing 19% of workers in the territory.
“The role that many of you have been playing is so crucial at this time, bringing in medical supplies, protective equipment, and of course those day- to-day necessities that have been shooting off the shelves so very quickly.”
Mr Phillips went on to outline the many advantages that Hong Kong has through its role in the Greater Bay Area Development Plan and the even larger growth provider of the Belt and Road economic and cultural initiative.
Blume employs an AI-enabled, data driven digital platform which provides real-time visibility, logistics execution, asset management, optimization and financial settlement functions to logistics providers worldwide.
Esther Yau, manager – Client Services at Blume explained : “The company not only provides first to last mile visibility, it also uses 25 years of historical data via AI and machine learning to accurately predict the flow of goods.
“As you know in Asia, whether it is China, Vietnam, Thailand or Indonesia, goods are manufactured in one part of the world and consumed in another. It is no longer good enough to know where goods are at any moment in time, but also the exact moment it will arrive at its destination, or in the event of some problem, what are the alternatives.”
Source:
hongkongmaritimehub
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