Targeting 1 million TEU
NewsSingapore-based Portek, a subsidiary of Mitsui & Co. Ltd of Japan, is aiming to handle 1M TEU in a calendar year for the first time in 2018. The company handled 930,000 TEU in 2017.
Better-known as an engineering and equipment solutions provider, Portek International Ltd of Singapore is looking to expand its rôle as a terminal operator.
Chairman Larry Lam explains that Portek is focusing on regional import/export feeder ports, or the “spokes” in hub and spoke transhipment network where Portek is already very active in equipment supply, maintenance, modernisation and leasing.
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This complete item is approximately 600 words in length, and appeared in the February 2004 issue of WorldCargo News, on page 22. To access this issue download the PDF here.
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