Saturday 17 November 2012

Westports

Westports Malaysia Sdn Bhd, operator of the country's busiest port.

Westports is jointly owned by companies linked to Malaysian tycoon Tan Sri G. Gnanalingam, who is also executive chairman of Westports, and Asia's richest man, Li Ka Shing, head of the Huchison Whampoa Group in Hong Kong. Hutchison Port Holdings Trust has a 31.5% stake in Westports.

Westports is a multicargo port which handles containers, bulk, vehicles and other conventional cargoes.

Westports' cargo volume was still increasing due to the rising demand especially in India and African and West Asian countries.

Westports' core business is container operations and its major clients are CMA CGM group, China Shipping and United Arab Shipping Corp.

Westport was confident of handling 7m TEUs of container cargo in 2012. In 2011, Westports handled 6.4m TEUs and 5.5m TEUs in 2010.

Westports hope to achieve 8-10m TEUs once its additional 300m berth and 600m berth were completed by 2014.

Currently the ports handles about 70% of the overall container volume at Port Klang.

Westports' business are divided into 2 parts namely, local cargo, handling Malaysian import and export and transhipment cargo on international business.

Currently the transhipment cargo contributed about 70% to its revenue.

Westports is one of the two ports in Port Klang with over 4,000 employees and expects to increase to 4,400 employees by 2014.

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