… or rays of illusion? to have a clearer picture of the situation, reports of such should come with breakdown of:
1) empty containers being imported / exported
2) laden containers being imported / exported
3) transshipment containers – laden and empty
2009 was a period where there were heaps of empty containers being sent by shipping lines into countries with cheap storage costs – i.e. Malaysia being one of the popular destination.
Throughput volumes include all above and as such cannot be a good indication that we’re heading for recovery. Although there’ve been a general feedback that exports have started to pick up compared to last year this time. it’s the percentage that’s not easy to be determined. Ports, i believe, should play an important role here to give us all an idea and it should be broken down as above for comparison instead of just a throughput number.
By malaysiashipping.info
=quote=
Rays of recovery – Westports Malaysia H1 box volumes up by 30pct YoY
Wednesday, 14 Jul 2010
It is reported that Westports Malaysia has recorded its highest ever first half throughput as volumes jumped 30% in the first 6 months of 2010.
Westports handled 2.65 million TEU in the first half of 2010, up a hefty 30% on the 2.03 million TEU throughput at the terminal in the first 6 months of 2009. As global container markets bounced back the terminal enjoyed a record month in June handling 484,000 TEU.
The terminal operator said that it was on target to achieve a throughput of 5.4 million TEU this year. Westports is expanding to meet the rapid rebound in growth.
Mr Ruben Emir Gnanalingham executive director of Westports “We will be investing in container terminal six that comprises an additional 300 million berth, 1,500 more ground slots of yard space and four new quay cranes. The new terminal is expected to be ready by the second quarter of next year and will increase the port’s capacity to 7.5 million TEU.”
Source: www.seatradeasia-online.com
=unquote=
Related posts: