Container traffic at Port Klang in Malaysia expanded by merely 4.1 percent last year to total 9.99 million 20-foot-equivalent units from 9.6 million TEUs in 2011 as a result of a slowdown in exports to Europe and the United States.

But the country’s busiest container port, which consists of Northport and Westports, expects to keep its position as the world’s 13th busiest in 2012.

Port Klang’s transshipment volume accounted for the lion’s share of total traffic last year, adding up to 6.3 million TEUs, for a 63 percent share. Exports and imports made up the balance of 3.69 million TEUs.

Of the total, Westports processed 6.91 million TEUs for a market slice of 69 percent, while Northport handled 3.08 million TEUs.

Port Klang is predicted to breach the 10-million-TEU threshold this year and handle a total of 10.4 million standard containers.

 

Photo: MyLifeStory

You May Also Like

Mindanao rail project cost jacked up by 131%

The Investment Coordination Committee-Cabinet Committee (ICC-CabCom) of the National Economic and Development Authority (NEDA) Board on July 10 approved the increase in project cost…

Indonesia to streamline, harmonize 12,000 trade regulations

The Indonesian government plans to trim down by half 12,471 regulations that concern economic development in order to harmonize rules and simplify the national…

Myanmar inks electricity, investment pacts to support growth

Myanmar has signed a credit agreement with the World Bank Group (WBG) designed to increase electric power needed to help drive the economic development…

Hui retains post as AAHK head

Stanley Hui Hon-chung will stay on as CEO of Airport Authority Hong Kong for two more years from February 1, 2013, an AAHK media…