Thursday, October 16, 2008

Global Economy Crisis : Impact to Port Klang

Source : The Star Online

Port Klang, the national load centre, has been experiencing lower import and export cargo handling volume in the past two weeks due to the global economic crisis.
The global economic turmoil will definitely affect both terminal operators’ performance in the current quarter.
The recent reduction in volume could be due to the two major consumer markets that both ports were currently serving, namely Europe and the US.
Last year, Port Klang handled about 7.2 million TEUs (20-ft equivalent units).

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