Kuching Port quietly reports 4 month of month (may-june-july-aug-sept) increases in a row in terms of cargo tonnage handled. $SURIA / 6521 (SURIA CAPITAL HOLDINGS BERHAD) , of Sabah, had also reported record high container handled numbers. Trade in East Malaysia seems robust but don't seem to make the news.
When checking the general health of an economy, I like to look at logistics. And what better than way than to look at statistics from the port operators?
Suria is a monopoly in Sabah, operating the major ports there which are:
- Sepangar Bay Container Port and Oil Terminal
- Kota Kinabalu Port
- Kudat Port
- Sandakan Port
- Tawau Port
- Kunak Port
- Lahad Datu Port
Meanwhile, Sarawak is a more fragmented with $BIPORT / 5032 (BINTULU PORT HOLDINGS BERHAD) operating Bintulu Port (hence the name) and Samalaju Industrial Port (which companies like $OMH / 5298 (OM HOLDINGS LIMITED) and $PMETAL / 8869 (PRESS METAL ALUMINIUM HOLDINGS BERHAD) , $PMBTECH / 7172 (PMB TECHNOLOGY BERHAD) operate in).
Other major Ports in Sarawak are:
- Kuching Port
- Miri Port
- Tanjung Manis Port
- Rajang Port
The development of major highways (like the pan borneo highway) is very likely to have beneficial impacts to the traffic to the states too. For example, places that were originally hard to access could become more productive. Would be interesting to see how trade further develops in East Malaysia.