Westports Malaysia Sdn Bhd, operator of the country’s busiest container port, still sees growth in the next couple of years despite the global economic uncertainty and the recession in Europe, pinning its hopes on the continued uptick in worldwide consumption and its infrastructure expansion.

The port operator said its throughout is still inching up as a result of rising demand from destinations such as India and African and West Asian countries, according to a report by the Borneo Post.

Westports forecasts cargo tonnage to hit 7 million 20-foot-equivalent units (TEUs) in 2012, up from 6.4 million TEUs in 2011, and 5.5 million TEUs in 2010.

By 2014, Westports predicts traffic volume to register 8 million to 10 million TEUs with the completion by then of its additional berths.
Photo: jgmorard

You May Also Like

ICTSI to build $30M Manila-Cavite barge terminal

Port operator International Container Terminal Services, Inc. (ICTSI) will construct the Philippines’ first barge terminal for shipping containers between the Port of Manila and…

Global airfreight posts slight growth amid feeble demand

International airfreight markets in April showed modest expansion year-over-year, but it does not buck the 18-month trend of basically no growth in the cargo…

PwC predicts world’s largest economies by 2050

China, the United States, and India will be the three largest economies by 2050, with Brazil overtaking Japan in fourth place, according to the…

Vietnam’s Cai Mep-Thi Vai port records traffic uptick

Terminal operators at the struggling Cai Mep-Thi Vai port system in southeastern Vietnam are grabbing onto slivers of hope following a slight rise in…