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Westports Records Another 4 Pct Growth In Q3

17 OCTOBER 2010, KUALA LUMPUR - Westports' container volume, which grew from 1.2 million TEUs (twenty-foot equivalent units) in the first quarter to 1.4 million TEUs in second quarter, has achieved a further four per cent growth in the third quarter to 1.5 million TEUs.

"From January to September, we have done 4.1 million TEUs and therefore we are on track to achieve 5.5 million TEUs for the full year," its Chief Executive Officer, Ruben Emir Gnanalingam said.

In July, the port also saw a record monthly volume of 518,355 TEUs, marking the first time the port has exceeded the 500,000th monthly TEU mark, Ruben said in a statement issued by Westports.

He said Westports has also committed RM300 million for expansion works as part of its future development.

"We have commenced work on Container Terminal 6 that comprises an additional 300-meter berth, an additional 1,500 ground slots of yard space and four new quay cranes."

The new terminal is expected to be ready by the second quarter of 2011 and will add to the current capacity of the port to 7.5 million TEUs.

"More mega-sized vessels (12,000 TEUs and above) have started calling us. These developments mark a defining moment in our history and a significant leap forward as we forge ahead into our next phase of growth," added Ruben.

Westports handles 64 per cent of overall container volume at Port Klang.

Source: Bernama