News / No need for more transhipment hubs in South-east Asia, TOC delegates told

© Tan Kian Yong | Dreamstime.com - Ships at Northport, Klang, Malaysia - Series 3

The chances of a creating a fourth container transhipment hub in South-east Asia appear to be growing increasingly slim, delegates at this week’s TOC Asia Container Supply Chain event in Singapore were told.

Carrier consolidation in terms of the new alliance structure, merger and acquisition activity and the increasing propensity to take equity stakes in terminals to secure port capacity mean that plans to build new port facilities in the Straits of Malacca are unlikely to be commercially viable.

Jason Chiang, director ...