KUALA LUMPUR, April 1 – Antah XLOG Sdn Bhd recently launched its fully-integrated blockchain-based end-to-end shipping and logistics platform, XLOG.
The first of its kind and the open-to-all platform was developed by Shiptek Solutions Corporation, a renowned software developer company in the region, backed by UnionBank, one of the largest banking groups in the Philippines.
XLOG is the first and only platform offering container insurance protection for shipping lines in the XLOG community, in lieu of import container deposit.
At a very attractive introductory price, AntahXLOG is charging only RM15 for a 20’ container and RM28 for a 40’ container. This option resolves the issue of import container deposit that plagues the industry.
The XLOG platform was launched by the Group CEO of Antah HealthCare Group, Tunku Mohamed Alauddin Tunku Naquiyuddin at their head office in Petaling Jaya.
“AntahXLOG is the first company in Malaysia to introduce such a fully integrated shipping and logistic platform to enable easy access because the XLOG platform is available 24-hour, ready-to-use, transparent for easy management and tracking of your logistics bookings and services,” said Tunku Mohamed Alauddin.
“XLOG is going to be the game-changer to the logistics industry scene because this industry is in dire need of evolution and modernization to enable businesses to grow further and move faster. XLOG is the solution to that, and AntahXLOG is proud to bring this to Malaysia”, he added.
XLOG is supported by its reliable local partners in terms of credit financing by Boost Credit while marine insurance is underwritten by AIG and Etiqa General Insurance Berhad.
QEL Shipping Services which comprises of Carpenters shipping, Q-Express Line, NAMSUNG Shipping and NZL Shipping are among the first service providers to sign up on the XLOG platform.
XLOG is ready to serve its customers nationwide, and MILUX Corporation Bhd has signed up to the XLOG platform for all its logistics needs. AntahXLOG sister companies under the same group, Antah Pharma Sdn Bhd and Antah Sri Radin Sdn Bhd are also among its first users.