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A 2,700ha industrial park in Central Java that is a joint venture between Singapore and Indonesia is on course for expansion, with plans to build an international container port in the pipeline.
PETALING JAYA: Labuan's Dermaga Merdeka port currently can only accommodate 900 twenty-foot equivalent units (TEU) as it has reached 75% capacity, says Datuk Seri Dr Wee Ka Siong.
PETALING JAYA: The ports and logistics sector is expected to see gradual recovery on the back of Covid-19 booster vaccination rollouts, the normalisation of domestic and global economic activities, and the pent-up demand effect despite the setback from the Russia-Ukraine war.
SHANGHAI: Medium-sized ports around Shanghai, including those at Taicang and Zhangjiagang in Jiangsu province, saw a surging volume of transshipment to Shanghai in March, since many neighbouring cities adopted strict anti-Covid measures for truck drivers going to and coming from Shanghai due to the city’s lockdown, according to forwarders and Customs officials.
KUALA LUMPUR: Port Klang retained its position as the 12th busiest seaport in the world while Port of Tanjung Pelepas (PTP) in Johor came in at 15th, said Transport Minister Datuk Seri Dr Wee Ka Siong.
KUALA LUMPUR: The Malaysian Maritime Industry contributes about 40% of the country’s gross domestic product (GDP), says Datuk Seri Dr Wee Ka Siong.
KUALA LUMPUR: A 40-year master plan to develop Port Klang and the Port of Tanjung Pelepas (PTP) is being drawn up to help steer Malaysia’s two primary seaports into becoming world-class entities, says Datuk Seri Dr Wee Ka Siong.
KUALA LUMPUR: Malaysia’s Port Klang and Tanjung Pelepas (PTP) have managed to remain within the world’s top 20 seaports despite the challenges of the pandemic, said Datuk Seri Dr Wee Ka Siong.
KUALA LUMPUR: Westports Holdings Bhd’s net profit for its fourth quarter ended Dec 31, 2021 jumped more than 30% to RM222.88mil from RM163.49mil in the previous corresponding period, due to higher container revenue and progressive insurance reimbursements for a vessel incident in 2019.