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Port freight volume surged in Malaysia. International shipping will continue the trend next year.
(Kuala Lumpur, 18th) As facing ongoing port congestion issues, major ports in Malaysia have experienced a surge in container throughput.
According to the report from Bernama, Westport Holdings $WPRTS (5246.MY)$ The container throughput in the first 9 months of this year has reached 8.11 million standard containers (TEUs), benefiting from the trade activities within the Asian region, accounting for approximately 66% of the total.
In terms of general cargo, Westport Holdings also handled 9.02 million metric tons of dry bulk and bulk commodities during the same period, including steel products, soybeans, corn, fertilizers, coal slag, and more.
As for Northport in Port Klang, it also achieved a new high this year. As of November 27th, a total of 3.33 million TEUs were handled, while the throughput of general cargo reached 11.42 million metric tons, similarly breaking records.
The trend is expected to continue, with shipping rates remaining high next year.
At the same time, market experts also predict that the global market's growth in shipping demand will continue until 2025, driven by factors such as potential tariff policies of the incoming US President Trump, along with the trend of rising shipping costs and expenses.
International shipping company - CMA CGM Taiwan branch director Lin John (transliteration), as well as maritime scholars and commentator Nazriqalif, told the Malaysian news agency that many trends significantly impacting the shipping industry in 2024 will continue into 2025.
"This includes the growth in demand for container shipping services, expansion of shipping volume, ...

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Stocks have been the focus of the Cryptos market since its inception, and its price volatility is extremely high. In the eyes of many investors, Bitcoin is an investment opportunity, especially during price corrections. However, the recent market situation has raised doubts about the long-term stability and potential risks of Bitcoin. While some believe it is a 'buying opportunity' before Trump took office, this view is overly optimistic and may even carry significant risks.