Agreement covers 25km track from Jalan Kastam in Port Klang

This comes after Port Klang’s new tariffs and renewed investor interest

Increase due to higher container revenue, as the firm handled 5.57 mln TEUs.

By Danial Dzulkifly KUALA LUMPUR, July 31 – The expansion of Westports and the development of a third terminal in Pulau Carey are among several strategic maritime infrastructure projects under the 13th Malaysia Plan (13MP) aimed at boosting the national economy. Speaking during the document’s...

KUALA LUMPUR, May 11 — Malaysia’s maritime sector, including its ports, is not immune to the fallout from the tariff war, which can potentially deal a death blow to small companies if the cost of shipping cargo increases exorbitantly.

KUALA LUMPUR, March 16 — The Royal Malaysian Customs Department achieved 100 percent scanning of inbound containers at West Port last year.

PUTRAJAYA, Jan 6 — The Enforcement Agency Integrity Commission (EAIC) has completed its probe into alleged misconduct by Environment Department (DOE) officers who authorised the release of e-waste containers at Westports, Port Klang.

KUALA LUMPUR, Oct 10 — MIDF Research expects Westports Holdings Bhd’s container volume in the second half of 2024 (2H FY2024) to increase by 2.2 per cent year-on-year (y-o-y) to achieve a full-year growth target of 4.2 per cent.

KUALA LUMPUR, July 29 — Research firms are positive on Westports Holdings Bhd’s outlook on the back of strong gateway volumes from steady foreign investments.

By Danial Dzulkifly SHAH ALAM, March 6 — Development works for phase two of the expansion project at Westports Holdings Bhd’s container terminals will kick off in the third quarter of 2024, the Selangor State Legislative Assembly was told today.  State executive councillor for trade and...

KUALA LUMPUR, Dec 21 — Port Klang Authority and Westports Holdings Bhd will evaluate the ramifications of prohibiting Israeli cargo shipping operator Zim Integrated Shipping Services Ltd vessels from docking in Port Klang.

PUTRAJAYA, Dec 8 — The privatisation agreement involving the government, the Port Klang Authority (PKA) and Westports Malaysia Sdn Bhd has been extended for 58 more years from 2024 to 2082, said Transport Minister Anthony Loke.

KUALA LUMPUR, Nov 9 — Westports Holdings Bhd’s net profit for the third quarter ended Sept 30, 2023, increased to RM195 million compared to RM150.39 million in the same period last year.

KUALA LUMPUR, Sept 11 — A green transport committee will be set up to coordinate and harmonise the various rules and regulations in the transport subsector in the remaining period of the 12th Malaysia Plan (12MP).

KUALA LUMPUR, April 26 — Westports Holdings Bhd registered a lower net profit of RM151.85 million in the first quarter ended March 31, 2022 (Q1FY22) from RM208.32 million a year ago, mainly due to the one-off prosperity tax.

By Nadiah Zamlus SHAH ALAM, March 19 — The phase two expansion of the Westports Terminal will bring a positive impact on the Selangor economy and able to provide employment opportunities, said state executive councillor for infrastructure and public facilities Izham Hashim. He said the...

KUALA LUMPUR, Feb 3 — CGS-CIMB expects Westports Holdings Bhd’s container volume to moderate in the first quarter (Q1) of this year, falling to an estimated 2.57 million twenty-foot equivalent units (TEUs) against 2.77 million TEUs registered in the fourth quarter (Q4) of 2020.

KUALA LUMPUR, Feb 2 — Westports Holdings Bhd recorded a higher net profit of RM654.49 million in the financial year ended December 31, 2020 (FY20), compared with RM590.89 million chalked up in the previous year.

KUALA LUMPUR, Nov 26 — Westports Holdings Bhd's net profit improved 28 per cent year-on-year to RM203.85 million for the third quarter (Q3 2020) ended September 30, 2020, due to higher container revenue and lower operational cost.