MALAYSIA, home to two big terminals Port
Klang and Tanjung Pelepas on the vital Malacca Strait, will long be a
mainstays of the Maersk organisation, says the company's local cluster chief, Dan
Lauritzen.
Mr Lauritzen, Maersk
Line's manager for Singapore, Malaysia and Brunei, said that with Malaysia investing in
its ports and attracting foreign direct investment (FDI),
shippers were now placing increased importance on its reliability and
frequency.
Mr Lauritzen
said Malaysia achieved GDP growth of 7.6 per cent in the last quarter of 2014
and 5.6 per cent in the first quarter of this year.
The expansion
was driven by the manufacturing, led by electronics and electrical clusters
supported by a weakening of the Malaysian Ringgit against the dollar and a net
inflow of FDI of US$10.6 billion in 2014.
The Danish
shipping giant calls at seven Malaysian ports and now offers 140 calls a week,
of which 60 per cent are at Tanjung Pelepas, 35 per cent at Port Klang, and the
remainder spread across Penang, Kuantan and east Malaysia.
Mr Lauritzen,
said the carrier would continue to spread its business around the key hubs of
Southeast Asia, Lloyd's Loading List reported.
"Together
with Singapore, port of Tanjung Pelepas will remain a main transshipment hub
port in southeast Asia, and at the same time, we will continue to grow our
presence in Port Klang according to market demand," he said.
Mr Lauritzen
also confirmed that Malaysia was well placed to prosper when the ASEAN
Economic Community entered into force at the end of the year and from
other trade deals such as the Trans Pacific Partnership.
Port Tanjung Pelepas
(PTP), which saw
container throughput surge 12 per cent year on year to 8.5 million TEU in 2014,
expects to handle nine million TEU in 2015.
The port
intends to dredge shipping channels to handle larger vessels and expand
capacity to 15 million TEU within the next five years
Port Klang
saw growth of 5.8 per cent in container volumes last year when it handled 11
million TEU. Both container terminal operators - Westports and Northport -
expanded capacity in 2014 and the Port Klang Port Authority has now dredged a
major shipping channel to 18.5 metres to improve access to mega-ships.
Said Mr
Lauritzen: "The softer exchange rate for the Malaysia Ringgit has
increased purchasing cost for buyers in Malaysia. However, this same factor
will, all things being equal, have increased the attractiveness of Malaysia's
exports to overseas markets.
"An
interesting point to note is that we see an increased importance of reliability
and frequency of shipments for capital goods importers and the manufacturing
sector, as these shippers are moving towards lean production," he said.
Source :
HKSG.
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