Westports and ICTSI say Covid-calm will be followed by the storm

Westports Holdings, which runs nine container terminals in Malaysia’s Port Klang, said the effects of the Covid-19 pandemic will be seen from the second quarter of 2020, as the impact of the lock downs in a number of countries spreads.

The company’s managing director, Ruben Emir Gnanalingam, commented in the release of Westports’ Q1 results, which showed only a slight decline in throughput to 2.52 million TEU, from 2.53 million TEU in Q1 2019. However, transhipment volumes fell 8%, to 1.58...

https://container-news.com/westports-and-ictsi-say-covid-calm-will-be-followed-by-the-storm/

Leave a Comment