News / Westports has 'nothing to fear' from planned CMA CGM terminal at Singapore

Despite CMA CGM’s acquisition of APL and its subsequent plan to operate a joint-venture terminal with PSA in Singapore, rival transhipment hub Westports is unlikely to suffer significant volume losses.

According to new analysis by Malaysia financial group Kenanga Research, the Port Klang terminal operator – 30% of its throughput currently comes from CMA CGM – will maintain volumes due to its cost advantage over Singapore.

“We do not expect Westports to lose CMA CGM altogether, due to [that] competitive edge, and we believe ...