Advertisements

Westports sets world record for container productivity

Updated: Friday June 20, 2014 MYT 5:35:57 PM

Westports sets world record for container productivity

KUALA LUMPUR: Westports Malaysia Sdn Bhd container operations team has scored another first when set a new world record for container terminal productivity, notching an impressive 793 moves in one hour.

This feat was achieved over the China Shipping container vessel, CSCL Le Havre (9572 TEU vessel), which operated on the AEX7 East service in the network linking Asia and Europe. 

“The management team ensured meticulous planning went into the preparation to achieve this remarkable feat looking into all areas of concern.

“Though equipment reliability was vital, it was the effort of a fully committed and motivated workforce together with its vendor partners which were the driving force towards this achievement,” said the company in a statement on Friday.

Westports said the record was achieved on June 12, 2014, using nine twin-lift cranes between 9am and 10am.

The vessel arrived at 6 am on June 12 and departed at 12.30pm on June 13.

With the latest achievement, Westports stands among the top five ports in the world in terms of container terminal productivity.

The current terminal productivity average stood at 35 gross moves per hour.

Westports has 47 quay cranes and has placed an order for another five which would be delivered within the next quarter.

These new cranes would be able to cater for the next generation of container vessels of 18,000 twenty-foot equivalent units and above.

 

Advertisements

About bambooinnovator
KB Kee is the Managing Editor of the Moat Report Asia (www.moatreport.com), a research service focused exclusively on highlighting undervalued wide-moat businesses in Asia; subscribers from North America, Europe, the Oceania and Asia include professional value investors with over $20 billion in asset under management in equities, some of the world’s biggest secretive global hedge fund giants, and savvy private individual investors who are lifelong learners in the art of value investing. KB has been rooted in the principles of value investing for over a decade as an analyst in Asian capital markets. He was head of research and fund manager at a Singapore-based value investment firm. As a member of the investment committee, he helped the firm’s Asia-focused equity funds significantly outperform the benchmark index. He was previously the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. KB has trained CEOs, entrepreneurs, CFOs, management executives in business strategy, value investing, macroeconomic and industry trends, and detecting accounting frauds in Singapore, HK and China. KB was a faculty (accounting) at SMU teaching accounting courses. KB is currently the Chief Investment Officer at an ASX-listed investment holdings company since September 2015, helping to manage the listed Asian equities investments in the Hidden Champions Fund. Disclaimer: This article is for discussion purposes only and does not constitute an offer, recommendation or solicitation to buy or sell any investments, securities, futures or options. All articles in the website reflect the personal opinions of the writer.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: