Westports Bhd Grows with Ocean Alliance
Aaron Kee, Affin Hwang Capital
10-Nov-16 09:20
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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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Tags: Malaysian equities, westports, Ocean alliance, CMA CGM