As of last year, CMA CGM and UASC contributed about 3.5 million TEUs and one million TEUs respectively to Westports’ total container volume of 9.95 million TEUs. Kenanga Research’s estimates are also not too far away from the conservative container volume growth for Westports. “We will still go on with our expansion plan up to the development of container terminal nine (CT9) that will see our yearly container handling capacity increase up to 16 million TEUs,” he says. Last year, Port Klang – the world’s 12th busiest container port – handled container cargo totalling 13.2 million TEUs, a rise of 10.8% over 2015. In comparison, the Port of Singapore handled 30.9 million TEUs in 2015.

Source: The Star February 24, 2017 21:45 UTC