Mainstream
Westports hit by shipping alliances
Lim Cian Yai | 19 May 2017 00:30
New shipping alliances, which starting sailing last month, have inevitably impacted port operators at Port Klang, including Westports Holdings Bhd, as some liners are diverting their port calls to Singapore.

Not only are the operators affected, importers and exporters of goods also have to bear higher costs as it would be more expensive to load or unload them at the republic’s port.

“Most, if not all, importers and exporters do not like transhipment because of extra time taken at the Port of Singapore Authority. If you miss a connecting vessel, you need to wait for a few days. 

This will cause delay in the final delivery time. Direct vessel is always the best option for exporters and importers. They do not lose out on forex (foreign exchange) as well,” says an industry player.

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