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Westport lifts Hutchinson’s performance

Westport Malaysia, at Port Klang helped boost the fortunes of the Hutchison Whampoa – the world’s largest port operator – by offsetting an unexpected decline in the volume of containers handled in Hong Kong, Shanghai and the UK where the Hong Kong based company operates and owns port terminals in the first half of this year.

 

The port operator recorded sharp decline in throughput at its Thamesport, Harwich and Felixstowe operations but witnessed a surge in traffic at Westport and also its operations at Koja Terminal in Jakarta, Indonesia. 

 

Hutchinson Whampoa, which has acquired 30 per cent interest in Kelang Multi Terminal Sdn Bhd, concessionaire of Westport, recorded 5 per cent increase in throughput worldwide to over 12 million TEUs in the first six months of 2001.

 

The conglomerate’ s chairman Li Kah Shing, reported the combined turnover of Hutchison’s ports was up 2 per cent at HK$6.78bn (US$869m) boosted by a number of new ventures.

 

“The growth in turnover reflects increased throughput at the group’s Yantian ports and the throughput of ports acquired in the second half of 2000, including Koja Terminal in Indonesia and Kelang Multi Terminal in Malaysia, which more than offset throughput declines in Hong Kong, Shanghai and UK ports,” Li said.

    

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