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.

 

Email AddThis Feed Button
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Nominees Announced For Three Nor-Shipping Awards

Nor-Shipping announced the nominees for the 2013 Nor-Shipping Awards which recognize achievements in three different areas – energy efficiency, innovative ship design and young entrepreneurship.

Acteon Opens Singapore Service Center

A custom-built service center at the new Offshore Marine Center in the Tuas industrial area of Singapore will boost Acteon operations and improve its customer service in Southeast Asia.

Intertanko Applauds IMO Progress on Ballast Water Management

In line with the Intertanko-led joint proposal last year, the International Maritime Organization (IMO) has agreed to a rescheduling of the International Ballast

Ports

Port of LA Wins Presidential 'E Star' Award

The Port of Los Angeles’ Trade Connect program has earned the nation’s highest honor for promoting American export trade. The Port was among the 2013 honorees

Georgia Port Reports Highest Tonnage on Record

Georgia Ports Authority (GPA) moved 2.4 million tons of cargo in April, a 4.7 percent increase – or 108,532 tons – over the same month a year ago. This figure was

Jason Tieman to Address Upcoming ILTA Conference

PortVision’s Jason Tieman will speak to the International Liquid Terminals Association (ILTA) Conference on 'New Ways toMaximize Uptime & Utilization with Limited Resources'.

Logistics

Jason Tieman to Address Upcoming ILTA Conference

PortVision’s Jason Tieman will speak to the International Liquid Terminals Association (ILTA) Conference on 'New Ways toMaximize Uptime & Utilization with Limited Resources'.

Scrabster to Partner with Hugh Simpson

NorSea Group, a supplier of base services and integrated logistics systems to the Norwegian oil and gas industry, has followed last month’s announcement that it

Second Consecutive Decline for Stifel Logistics Confidence Index

The Stifel Logistics Confidence Index continued its downward trend in May as it fell for the second consecutive month. Compiled by Transport Intelligence, the overall index,

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright