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OOCL: Malaysian ops to see continued growth

10 NOVEMBER 2008 - Hong Kong-based Orient Overseas Container Line (OOCL), which visits Port Klang regularly, says its Malaysian operations will see continued growth for this year while anticipating a difficult period next year.

"We will continue to see some growth in Port Klang for 2008. Looking at the current worldwide situation, it would be a big task for us to sustain this growth in 2009 as we see uncertainties in the global markets."

"However, with our focus on reducing the cost of operations and to achieve increase in efficiencies, we look forward positively," said OOCL (Malaysia) Sdn Bhd managing director Richard Hew.

Hew said this after opening OOCL's new office at Westports Business Centre recently.

"Setting up an OOCL office in Westports is consistent with our policy of having own offices in key markets which ensures our customers fully benefit from our services. We have a good working relationship with Westports and we appreciate their professionalism in having developed OOCL's position in the Malaysian market," said Hew.

OOCL is a wholly-owned subsidiary of Hong Kong Stock Exchange-listed Orient Overseas (International) Ltd.

Source: New Straits Times