Westports and NCB set to gain from tariff hike

PETALING JAYA: Westports Holdings Bhd and NCB Holdings Bhd, the two main container terminals in Port Klang, are likely to experience gradual benefits from the newly announced container tariff hike due to the locked-in nature of terminal handling fee agreements with most of their customers.

It is understood that the tariff hike can only be incorporated when the agreements expire. The agreements’ life span varies between two months and three years.