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Westports Bhd Grows with Ocean Alliance

8 mins·09:20, 10 Nov 2016
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Westports Bhd Grows with Ocean Alliance

8 mins
·
09:20, 10 Nov 2016
·

The Ocean Alliance -- a consortium consisting of four of the largest shipping liners including CMA CGM is set to launch in April 2017 and expected to be a game-changer for the shipping industry. A further tariff hike for container movements is also expected in 2018, which be a catalyst for earnings growth. Aaron Kee, analyst at Affin Hwang Capital, tells us more. 

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