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Southeast Asia Shipping is Poised For More Growth

September 19, 2017 12:05 am Published by

With the support of China's enormous One Belt One Road (OBOR) initiative, the cargo industry in Southeast Asia is poised for more growth. This means that prominent ports within Southeast Asia can look forward to more business in the coming years.

Two ports that stand to benefit most are the Port of Singapore, which is the world’s second-busiest port according to the World Shipping Council, and Malaysia’s Port Klang, which is currently ranked 12th in the world.

Because of Malaysia’s geographical location, it is an ideal shipment hub. The more business- and customer-efficient Malaysia can be to the shipping industry, the more business Malaysia will get.- Senior Vice President of Kalmar Cargo (Asia Pacific)

The Asia Pacific region possesses the largest container movement in the world; Malaysia contributes 25 percent to the Asian turnover of containers. Although Malaysia is equally as fortunate as Singapore, in terms of strategic geographical location, the port that offers the most cost-effective and efficient service to shipping companies, will get the most business.

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