First and foremost, I would like to take this opportunity to express my gratitude and appreciation to all our partners for your business and continuous support. I'm deeply impressed by your relentless contribution in promoting Port Klang, Westports Malaysia, in particular, as the preferred port of call in this region.We will not be where we are today without your support and once again, thank you.
Westports Malaysia is a leading port in the world supported by superior productivity and water depth of 15-17.5 meter. This makes us the preferred hub port for the shipping lines in this region.
Our container volume has grown exponentially over the years and we are the leading terminal operator in Port Klang controlling 76% of the market share in container volume throughput as at end of 2015. We have handled 9.05 million twenty-foot equivalent units (“TEUs”) container throughput and 10.2 million metric tonne of bulk cargo in 2015. This is a phenomenon performance considering of what we have achieved for the last 21 years when the port was privatized.
The productivity in terms of container moves per hour (“mph”) in Westports is among the highest in the world, averaging 30 – 35 mph per crane compared to the industry standard of 27 mph, therefore translating into faster turnaround for vessels that makes our port their home. We are not resting our laurel but to continue to challenge ourselves to raise our performance bar, delivering our utmost best is the commitment that we have pledged to all our valued partners.
We are capable of handling 11 million TEUs of container with the current 4,600-meter of quay length and 53 ship-to-shore cranes. Our CT8 wharf expansion is expected to be fully operational in mid-2017 and is expected to boost our handling capacity by additional 2.5 million TEUs to 13.5 million TEUs per annum.
Westports is a truly Malaysian Port with 4,500 workforce in the company all being Malaysian, and many are from the island where Westports Malaysia is situated, Pulau Indah. The hardcore poor and poverty in the Island has been reduced drastically and hence making us a truly Corporate Social Responsibility Malaysian Port.
As the Executive Chairman of Westports Malaysia, once again, I would like to express my thanks and appreciation to all my friends and business partners around the world, YOU are the one who have made us the Mega Hub in this region.