Westports seen resilient despite Hormuz conflict

RHB Research said Malaysia’s container terminal and transshipment hub is expected to face minimal impact on container volumes and earnings.

PETALING JAYA: While the conflict in the Strait of Hormuz has disrupted global energy markets, Malaysia’s container ports, led by Westports Holdings Bhd, appear largely insulated.

According to RHB Research, Malaysia’s container terminal and transshipment hub is expected to face minimal impact on container volumes and earnings, thanks to limited Middle East exposure and stable intra-Asia trade.