Portek Half Year TEU Report 2012

PORTEK SEES 16% INCREASE IN CONTAINERS HANDLED FOR FIRST HALF OF FINANCIAL YEAR
25th October 2012

Singapore – Portek International reports a 16% increase in traffic of twenty-foot-equivalent containers (TEU) through the terminals it operates and manages for the first 6 months (April to September, 2012) of its financial year 2013 compared with similar preceding period.

The Singapore based port operator and engineering solutions provider handled a total of 521,100 TEUs from the period of April to September 2012.

Strong performance was driven by growth in T009 in Jakarta which saw a sizable 35% TEU increment from 104,300 TEUs to 140,500 TEUs mainly thanks to domestic cargo, and Bejaia Mediterranean Terminals in Algeria which saw a 23% increment from 98,000 TEUs to 120,340 TEUs during this period.

According to Takao Omori, CEO of Portek, “We were able to increase the volumes through our terminals notwithstanding the ongoing global economic slowdown, due to the economic robustness of the countries where our terminals are found. These developing countries have indeed shown strong economic resilience. We would like to believe that such economic resilience has also been aided by higher levels of port productivity which we, as port operators and managers, have been able to introduce at the terminals we manage.”

Headquartered in Singapore, Portek operates and manages 8 terminals worldwide including 3 in Indonesia, 2 in Gabon, 1 in Algeria, 1 in Malta and a dryport in Rwanda.

It has offices in over 10 countries throughout Africa, Europe and Asia, with staff strength of more than 1200 employees.

For enquiries, please email to enquiry@portek.com.