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South East Asia's main box ports see impressive growth 19-Nov-2010

All main ports in South East cheap hublot replica Asia performed well in the first 10 months of this year, compared with the same period of 2009.

The port of Singapore, which is still holding the zenith position in the box port leader board, saw a nearly 11% growth in throughput to 23.6 million TEU - excluding the Jurong port volume - in this period. But, according to the prevailing growth rates, Singapore might not hit the 2008 throughput level (pre-recessionary level of 29.92 million TEU) in 2010.

Meanwhile, Tanjung Pelepas, a rival Malaysian box port of Singapore, concluded its affairs on a positive note in 2009 by attracting additional volumes from new customers such as CMA CGM. In the first 10 months of this year it saw a growth figure of 8.7% to 5.4 million TEU.

A spokesperson for Tanjung Pelepas said: 'US and European economies are beginning to see a dip and the current downtrend in global container traffic will continue until the year-end. But we are confident that Tanjung Pelepas will record a 6.5 million TEU throughput this year - representing 8% growth from the 6 million TEU handled in 2009.

Elsewhere, in Malaysia, Port Klang has also shown positive prospects. Compared with, 2009, the port saw a 10% growth to 6.7 million TEU. Westport has recently begun work on container terminal 6 to keep pace with the demand.
The cost of the planned work is USD96.5 million, and this will increase the port's capacity to 7.5 million TEU; it is expected to come on stream by Q2 11. Ruben Emir Gnanalingam, ceo of Westport, said: 'More mega-sized vessels have started calling at our facility. These developments mark a defining moment in our history and a significant leap forward as we forge ahead into our next phase of growth.'

The total theoretical capacity at Port Klang (Westport + Northport) is about 9 million TEU at present which will be taken up in the next year or so.

And the real success story, in Vietnam, the terminals in Ho Chi Minh and
cheap replica rolex Cai Mep have posted a 15% increase in throughput to 3 million TEU in the first nine months 2010 year-on-year.

In order to meet the demand, there are a number of container terminals project planned for South Vietnam which are due for fruition by 2012. South East Asia throughput comparison in major ports for first 10 months of 2009/10 (in million TEU).
 

Port  2010 Volume  2009 volume  Change
Singapore  23.6 21.2  10.8%
 
Laem Chabang 3.84 3.41 12.6%
 
Ho Chi Minh* City/Cai Mep  3.00  2.60  15%
 
Port Klang**  6.7 6.1 10%
 
Tanjung Pelepas  5.4 4.9  8.7%
 

Note: * = First nine months only, ** = estimated
Source: Ports


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