Tag Archive | "Previous Year"

CMA-CGM hopes fora repeat performance

The CMA-CGM Group expects to grow its container volume in Port Klang between 12 per cent and 13 per cent again this year, if everything goes reasonably well.

“It’s very difficult to predict. We don’t want to be too optimistic and tempt fate, because there is still a lot of uncertainties in the European and US economy but we think with the good recovery last year we can continue,” CMA-CGM & ANL Malaysia managing director Simon Whitelaw told reporters during an appreciation lunch to mark CMA-CGM’s for breaching 2 million twenty-foot equivalent units (TEUs) in Port Klang.

CMA-CGM registered between 12 and 13 per cent growth in container volume in Port Klang in 2010, due to good growth in transshipment as well as local cargo.

Last year the company contributed about 26 per cent to Port Klang’s overall throughput volume.

Local cargo makes up about 10 – 12 per cent of the cargo CMA-CGM handles while the remainder is from transfer of containers and transshipment.

Whitelaw said however that the fourth quarter of 2010 saw some softening in cargo movement, as China’s consumer demand eased off.

“The fourth quarter was definitely softening a little bit partly because business tailed off, and China was not the big consumer demand everyone was expecting. Fourth quarter was a little bit softer from the third quarter,” Whitelaw said.

CMA-CGM started out in Port Klang in 1998, handling some 20,000 TEUs.

Meanwhile Port Klang Authority chairman Datuk Lee Hwa Beng said he is confident that the port would be able to at least maintain its world ranking of the previous year. Port Klang was ranked 13th in the world’s busiest container port in 2009.

“We improved by 21 per cent last year, we still don’t know the world ranking for 2010 but we expect to at least maintain it. I don’t think many ports in the world have seen such a large jump,” Lee said.

Port Klang, which comprises Westports and Northport, recorded a 21 per cent rise in container volume in 2010, to 8.9 million TEUs.

Posted in KELANGComments Off on CMA-CGM hopes fora repeat performance

PTP set to handle more containers

Port confident of achieving 8% growth this year

GELANG PATAH: Port of Tanjung Pelepas (PTP) expects a healthy and sustainable growth this year despite operating in a challenging business environment.

The positive outlook is based on the port’s outstanding performance in the first half of 2010 when it registered 13% growth compared with the same period the previous year.

In May this year, its monthly throughput volume stood at 572,444 20-ft equivalent units (TEUs), the highest ever handled in a single month since it started operations 10 years ago.

Prior to that, the highest number of containers handled in a single month was 557,693 TEUs in August 2009.

PTP’s monthly throughput volume in May stood at 572,444 TEUs, the highest ever handled in a single month since it started operations 10 years ago.

 “We managed to increase the number of containers handled and achieved the highest growth among the world’s top 20 container ports in 2009,” an official from PTP told StarBiz.

He said the achievement was commendable despite last year’s sluggish economy, which saw a drastic downturn in the containerised traffic sector worldwide.

Industry reports have listed only four of the world’s top 20 container ports that recorded growth in 2009, and all of them are in the region.

The four ports were PTP, which recorded 2.4% growth, and three Chinese ports – Qingdao (2.4%), Tianjin (2.3%) and Guangzhou (1.7%). Other heavyweights such as Singapore’s PSA experienced a drop of 13.5%, Hong Kong down by 14.3% and Shanghai by 10.7%.

The International Monetary Fund said in a report recently that the global economy was recovering better than expected but at varying speeds.

While most of the emerging and developing countries are experiencing steady growth, the growth in developed countries is not that impressive.

The United States and European economies are beginning to see a dip and the current downtrend in global container traffic would continue until the year-end.

“But we are confident that PTP will record 6.5 million TEUs this year, representing 8% growth from six million TEUs handled in 2009,” the official said.

He added that PTP would maintain its efficient services and provide top-notch services at competitive cost to clients.

Crane moves at the port now averaged 34 to 35 per hour, which is way higher than the industry average of 28 moves per hour.

He said PTP handled close to 80 vessel calls a week and with the current berths and 44 quay cranes, the port could handle up to nine million TEUs.

By: ZAZALI MUSA

 

Posted in TANJUNG PELEPASComments Off on PTP set to handle more containers

Port Klang container, cargo throughput down

Container traffic through Port Klang, the country’s busiest container port, fell by 8.3 per cent last year, as the global economic downturn continues to hurt the country’s exports.

The port handled 7.3 million TEUs (20-foot equivalent units), the standard measurement for shipping containers, compared with 7.9 million TEUs in 2008.

In terms of tonnage handled, traffic through the port was 133.8 million tonnes, down 8.8 per cent over the previous year.

More than half, or 61 per cent of the container volume, was from Westports, which generated 4.451 million TEUs. Northport accounted for the remaining 39 per cent or 2.858 million TEUs.

Transhipment cargo took the largest share of Port Klang’s total throughput, contributing 58 per cent, with local boxes constituting the remaining 42 per cent .

However, transhipment volume also saw a 9 per cent drop to 4.3 million TEUs for the 12 months.

Port Klang Authority (PKA) general manager Kee Lian Yong said the decline in container and cargo throughput is in line with the global trend.

“(Nevertheless,) the port’s container volume was better than our earlier forecast of a 10 per cent drop. Overall Port Klang also fared better than other major ports in the world, which saw a 10-15 per cent drop in traffic,” he told Business Times.

Kee said Port Klang is expected to post throughput growth in 2010, returning to 2008 volume of 8 million TEUs.

“We remain cautiously optimistic as the shipping community is predicting that 2010 will still be a tough year,” he added.

According to Drewry Shipping Consultants Ltd’s most recent projections, the market will have to wait until 2012 before global container port volume exceeds 2008 levels again. It expects Far East and Southeast Asian container traffic to recover faster than that in other regions.

“In 2010, the market should brace for another tough year,” Shipping Association of Malaysia chairman Ooi Lean Hin had said in an earlier interview .

By: Kang Siew Li

Posted in KELANGComments Off on Port Klang container, cargo throughput down


newsletter Gallery PortDevPro Memberarea

MAPA Training and Courses


3 - 5 September 2024


MAPA Conference and Meetings

22 - 24 October 2024

MAPA E-Magazines