Marginal growth for Westports due to new alliances

Extra mile: Ruben (left) and Westports CFO Lim Beng Keem showing Westports annual book after the AGM.

KUALA LUMPUR: Westports Holdings Bhd expects a marginal volume growth this year due to the recalibration of the number of containers going through the Straits of Malacca as a result of new shipping alliances, says chief executive officer Ruben Emir Gnanalingam.

“The container shipping industry is going through unparalleled development, as three global shipping alliances will conquer the container carrying capacity in almost all the major trade lanes. New global services with the realigned port of calls are being introduced.