Malaysian terminal operator Westports Holdings is continuing to make plans for expansion, with the acquisition of a 154.2 hectare piece of leasehold land in Pulau Indah from the Selangor State Development Corp for MYR116.2m ($29.6m).

As expected Malaysian container terminal operator Westports saw its 2017 throughput slammed by realignments in the liner industry, with overall container throughput falling 9% to 9.02m teu.

Northport expects to recover from weak volumes in the first half and sees traffic picking up again in the fourth quarter, local reports quoted ceo Azman Shah Mohd Yusof as saying.

Fresh from an endorsement by the government with the granting of approval for capacity expansion, Malaysian port operator Westports Holdings is expected to invest up to MYR10bn ($2.3bn) to double its capacity.

The executive chairman of Malaysian port operator Westports Holdings G Gnanalingam is optimistic of posting an 11% growth in volume this year despite the challenges and changes that are taking place in the shipping industry, local reports said.

Malaysian port operator Westports Holdings saw second quarter net profit jump 31% to MYR159.9m ($39.6m) from MYR122.1m in the previous corresponding period due to an increase in container volumes.

Malaysia’s Westports Holdings has improved its 2015 financial year results on the back of record container volumes, lower fuel costs and administrative expenses.