Malaysia's ports are experiencing growth driven by infrastructure upgrades, e-commerce, and global trade. Despite challenges like rising shipping costs and congestion, port operators are investing in expansion projects and international collaborations to solidify their position in the global maritime landscape.
It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness. But there were also challenges confronting the maritime sector, foremost of which was increasing shipping costs, port and berth congestion due to skyrocketing cargo, as well as geopolitical tensions in the Red Sea region.
During the year, beyond infrastructure upgrades, several port operators were leveraging international collaborations to strengthen their position within global supply chains. One of the two operators at Port Klang and among the seven federal ports in Malaysia, held its ground-breaking ceremony for phase two container terminal expansion from terminals 10 to 17, which is a significant step towards strengthening Malaysia’s position as a global maritime and logistics hub. Westports executive chairman and group managing director Datuk Ruben Emir Gnanalingam Abdullah said the construction of eight new container terminals will double Westports' container handling capacity from 14 million twenty-foot equivalent units (TEUs) to 28 million TEUs. Elsewhere, smaller ports, namely Perak’s Lumut Port and Sabah’s Sapangar Bay Container Port (SBCP), were also expanding their infrastructure while embarking on joint ventures with international partners to become vital players in the global maritime and logistics landscape. The Lumut Maritime Industrial City (LuMIC) feasibility study, set to redefine the region as a pivotal hub in Malaysia’s maritime industrial sector, will be formalised by early 2025. The study is conducted by the Perak State Development Corporation and Port of Antwerp-Bruges International for LuMI
PORTS MALAYSIA INFRASTRUCTURE LOGISTICS GLOBAL TRADE
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