Westports to build US$300m new terminal
Terminal operator Westports Holdings plans to invest RM1bn (US$300m) in a new container terminal at Port Klang in Malaysia.
The company, which already operates the largest terminal in Port Klang, believes that its transhipment business has room to grow and that its new terminal will become a major hub for the new Ocean Three shipping alliance.
Westports CEO Ruben Emir Nganalingam told The Malaysian Reserve that his company’s focus is on increasing transhipment and wants he wants to increase transhipment revenue by five to ten percent in 2015.
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