New Century Logistics (BVI) Ltd.

General Information

We are the holding company for a Hong Kong-based business specializing in the logistics of air and ocean freight forwarding. (Incorporated in the British Virgin Islands)

We are a well-established freight forwarding service provider founded and based in Hong Kong. Our history can be traced back to 2002 when NCL (HK) was incorporated and when it commenced its operation as a freight forwarder in 2004. We provide air and ocean export and import freight forwarding services ranging from the sale of cargo space, cargo pick up, off-airport air cargo security screening, palletization, preparation of shipping documentation, arrangement of customs clearance to cargo handling at ports. Since our inception, we have offered routes to over 140 countries to our customers. The Company is managed and run by a group of professionals with over 20 years of combined expertise in the Air and Ocean freight industries in Hong Kong. We have a robust network that works closely with well-established agents to manage both incoming and outgoing traffic for all other nations as well. These representatives are handpicked to maintain a uniformly high standard of service for our clients all across the world.

*Note: Revenue and net income are in U.S. dollars for the year that ended Sept. 30, 2022.


(Note: New Century Logistics (BVI) Ltd. filed its F-1 dated Aug. 21, 2023, in which it disclosed the terms for its micro-cap IPO: 2.5 million ordinary shares at $4.00 to $5.00 to raise $11.25 million.)

Employees: 46
Founded: 2002
Contact Information
Address Office A-E, 33/F, King Palace Plaza, 55 King Yip Street, Kwun Tong, Kowloon, Hong Kong
Phone Number +852 2148 6328
Web Address
View Prospectus: New Century Logistics (BVI) Ltd.
Financial Information
Market Cap $101.25mil
Revenues $75.19 mil (last 12 months)
Net Income $6.98 mil (last 12 months)
IPO Profile
Symbol NCEW
Exchange NASDAQ
Shares (millions): 2.5
Price range $4.00 - $5.00
Est. $ Volume $11.3 mil
Manager / Joint Managers Craft Capital Management
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change