Malaysia Port Operators Seek Growth in New Markets

Press Release
Sunday, December 23, 2012

Westports Malaysia, operator of the country’s busiest port, Port Klang looks to potential markets in SE Asian countries to expand container business.

Chief executive officer, Ruben Emir Gnanalingam, considered that despite the slowing down of demand in Europe, US and China, the fast emerging markets such as India, Africa and Middle East countries were continuing their growth.

Westports’ core business is container operations and its major clients include the CMA CGM group, China Shipping and United Arab Shipping Corp. Westports will spend about RM500 million in 2013 to improve its current facility and provide better services to its clients. Currently Westport is constructing the 300-metre and 600-metre wharfs which are to be ready by January 2013 and early 2014 respectively.

Presently the port's capacity is 8.5 million TEUs and it may be able to reach 10 million TEUs capacity with the completion of these two wharfs in 2014.

The wharfs will come along with crane and corresponding yacht equipment.

 

Categories: Logistics People & Company News Ports

Related Stories

Matson Paid $6.4 million in Port Fees to China

AD Ports Group Signs Agreements with Nimex Terminals to Establish LNG, LPG Terminal Hubs at Khalifa Port

Propane’s Economic Edge for Ports During Trade Uncertainty

Current News

Algoma Central Fleet Hits the 100-Vessel Mark, Records Strong Q3

Anglo-Eastern Debuts Methanol Bunkering Simulator, Courses

Matson Paid $6.4 million in Port Fees to China

Suez Canal Revenues Rise as Red Sea Tensions Ease

Subscribe for Maritime Logistics Professional E‑News