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German line picks Port Klang

Hapag Lloyd, the leading German liner operator has reiterated that it would maintain Port Klang as a regional transshipment hub in its growing network of services in the region.

 

“We are very confident that Port Klang will continue to contribute to our fast growing volume of traffic handled by the entire group,” the managing Director of Hapag-Lloyd SEA, Dr Ralf Lisch.

 

He said the line is very confident to handle 120,000 TEUs in the new year despite the global slowdown.

 

According to Dr Lisch, Hapag-Lloyds has been growing much faster than the growth of global liner trade.

 

The global liner trade grew at an average of one to two per cent last year but the German line recorded eight per cent growth.

 

“With the consistent support given by our shippers we are also very optimistic to handle 50,000 TEUs of transshipment traffic from the region,” he added.

 

“We are committed to Port Klang at which we have a total of seven dedicated service per week to and from Port Klang,” Dr Lish said.

 

Hapag Lloyds offers at Port Klang three sailings per week to North Europe (Loop B, C and D), three sailings to Mediterranean (loop M, D and E) and one service to Asia North America West Coast from Port Klang.

 

“We are also serving intra Asia ports as part of mainline service. The vessel is jointly deployed with MISC, OOCL, NYK and P&O Nedlloyd under the banner of Grand Alliance," said Dr Lisch.

 

The shipping line rates Malaysian market as much stronger than other markets in the region.

 

“The fundamental of Malaysian economy remains strong and this will help to sustain our and position. For this reason shifted our head office for South East Asia four years ago to Kuala Lumpur. This was a far-sighted decision that we have never regretted," stressed Dr Lisch who was in charge for ten countries under the SAE operation namely Cambodia, Laos, Vietnam, Thailand, Philippines, Indonesia, Brunei, Myanmar and Papua New Guinea.

 

Meanwhile, as a reflection of its confidence in Port Klang, Hapag Lloyds has deployed the largest containership afloat in the world, the 7,506 TEUs capacity Hamburg Express to the leading Malaysian port.

The giant vessel serves the direct Asia Europe eastbound service or loop D operated jointly by members of the Grand Alliance (consisting of Malaysian International Shipping Corporation, P&O Nedlloyd, Oversea Orient Container Line and NYK).

 

The full rotation of eastbound service is Port Klang, Singapore, Hong Kong, Shanghai, Xiamen, Yantian, Hong Kong, Southampton, Hamburg, Rotterdam, Malta and Port Klang. 

Dr Lisch was unperturbed about the injection of such large vessels in the midst of the global slow-down. 

 

“Our forecast shows that Hapag-Lloyd will need additional capacity from 2004. As such the delivery of additional three more newbuilding will raise total Hapag-Lloyd handling to more than 2 million TEUs from present 1.7 million TEUs globally,” he told NST.

 

He said the company, which has reported spectacular results of 2001, is expecting a slower growth than the global growth due to the lower freight rates. 

 

He agreed the freight rates in the Asia-Europe trade lane are down by US$500 per TEU in the last one year. 

 

“However, there is no complaints over the volume and as such we need to continue with our long term capacity and investment strategy,” said Dr Lisch.

 

With the vessels now on order, by spring 2004 Hapag-Lloyd fleet will comprise 37 units, including 18 identical ships with 4,900 TEUs capacity, as well as the eight new buildings capable of 6,750 TEUs or 7,500 TEUs carrying capacity.

 

Hapag-Lloyds provides over 40 services a week to all the world's main business centres. They include 16 departures a week to Asia/Australia (including the Middle East), 12 to North America, 10 on the Pacific between America and Asia and 5 between Europe and South America.

 

Meanwhile, in Bonn, the German shipping and logistics group Hapag-Lloyd announced that it has achieved “the best year ever” results in its 155-year history.

 

Its outgoing chief executive Bernd Wrede said the downward trend in world trade hit the company, but not as hard as others. 

   

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