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

Moody’s: Shipping industry’s profit to fall 5%-10% in 2013

The global shipping industry will be sailing in rough waters over the next 12 to 18 months, as the supply of vessels will continue…

Asia-US lines put off implementation of dry cargo rate hike

Container lines serving the trade from Asia to the U.S. will implement a previously announced dry cargo general rate increase (GRI) on December 15,…

Survey: most freight forwarders think technology makes a difference

A majority of freight forwarders believe that technology is a differentiator in their business, according to a survey conducted by Xeneta, an ocean freight…

Cargo carriers log modest traffic growth in September

Airlines posted their biggest volume growth for the third quarter of this year in September, as cargo expanded 1.9% year-on-year and chalked up a…