Wednesday, February 11, 2009

PORT KLANG

Port Klang to see marked fall in container traffic

1. Container traffic at Port Klang could fall by more than a tenth this year from a year earlier, as the global economic slowdown takes a toll on international trade, the Edge Financial Daily reported.

2. The combined volume of TEU containers at both ports could fall to levels seen in 2007 at some 7.11 million TEUs.

3. PKA is the regulator of Westports and Northport. The combined traffic of TEU containers at both ports rose 12.1 percent to 7.97 million TEUs from 7.11 million TEUs in 2007.

4. Based on projections by both port operators, an expected fall to 7.11 million TEUs in 2009 represents an 11 percent decline from 2008 figures.

5. It is worth noting Port Klang’s achievements in recent years. In 2008, the TEU volume of 7.97 million had ranked the port at 15th place among global peers, up from 16th place in 2007.

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