Westports Malaysia handled a 25 per cent increase in twenty-foot-equivalent units or 5.55 million TEUs last year compared with 4.45 million in 2009. With this, the target of 6.0 million TEUs by 2011 is within reach of Westports, it said in a statement today. Local import and export containers handled by Westports grew by 22 percent while transshipment traffic increased by 23 percent, reflecting a sharp recovery in both domestic and regional trade after experiencing a challenging period last year.
The port’s overall container market share in Port Klang stood at 64 percent while local volume garnered 45 percent share. Significantly, Westports has made great strides in local volume, especially in the last two years. The port grew its volume from 1.2 million TEUs in 2009 to 1.5 million TEUs in 2010.
Both export and import boxes showed double-digit growth, reflecting Malaysia’s strong trade performances. Malaysia is among the top five countries in the world in terms of total container volume while Westports is among the top three ports in the world for productivity.
On the conventional business, nearly all activities showed positive growth over the same replica watches sale period last year including the RORO business, which saw a record movement of 150,000 vehicles. Total conventional volume achieved was 8.8 million metric tonnes with break bulk and dry bulk among the top earners.
Ruben Emir Gnanalingam, Chief Executive Officer of Westports said: “Local and global trade activities rebounded in 2010, particularly on the container side amid improving economy worldwide.
“Main Line customers such as CMA, China Shipping and CSAV continued to grow with us while new Lines that came aboard such as UASC, MOL and Johan Shipping have shown potential for further growth in the coming years,” he said in the statement. “A lot of the work in 2010 showed a great sense of priority and there were many achievements, the highlight of which was the productivity rate of 734 moves per hour in March, which was a world record. We were named best employer with the Asia Human Resource Development Award 2010,” he said.
“We also inked long-term partnership with major shipping lines like China Shipping and Hanjin as well as a long-term sub-lease agreement with Shell Malaysia Trading to operate and manage liquid bulk cargo,” said Ruben. He said that Westports has already begun its next phase of expansion by building a 300-meter wharf in anticipation of further growth this year.
As an important link in the global supply chain and to help Malaysia promote foreign trade, he said it is imperative that the efficiency of terminal operations be a priority. “We expect our new fake breitling watches wharf and equipments to be ready by the 3rd quarter of 2011 to meet the expected surge in volume.” “Additionally, we are well positioned and prepared to handle more mega-sized vessels carrying 14,000 TEUs and above to berth at Westports because we have the depth of the water and capacity as well as skilful staff,” said Ruben.
Source: gtcl8.com, 4 January 2011