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Penang's NBCT expects 5% rise in throughput for 2013Penang's NBCT expects 5% rise in throughput for 2013

Penang's North Butterworth Container Terminal (NBCT) expects a gradual pick-up in intra-Asia and US trade to raise container throughput in 2013 by 5% from the 1.16m teu seen last year, Penang Port chief operating officer Obaid Mansor was quoted as saying by local media.

Vincent Wee, Hong Kong and South East Asia Correspondent

October 8, 2013

1 Min Read
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The total volume of throughput cargo, comprising container and non-container cargo, however increased by just 0.37% in the year to August to 19.8m freight weight tonnes (fwt) from 19.72m fwt previously.

Mansor placed his hope on the final quarter to boost overall results. “We expect the final quarter 2013 to register further improvement due to the orders for consumer goods for festive holidays in the fourth quarter," he said.

About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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