'Think again' call – China ship fee would double US export costs
US exporters are facing a doubling of costs should the Trump administration proceed with plans ...
Port Klang terminal operator Westports suffered a 9% drop in container throughput last year.
In an announcement to the Malaysian stock exchange, Westports reported volumes of 9m teu for 2017, down around 900,000 teu from 2016, a record year for the terminal.
The result highlighted both the footloose nature of South-east Asia’s transhipment traffic and the potential pitfalls container ports face due to large-scale carrier consolidation and powerful mega-alliances.
Westports said the result was within the 7-12% volume drop it forecasted following its ...
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