Port of Tanjung Pelepas (PTP) Malaysia’s biggest single owned by MMC Corporation Berhad (MMC) has strengthened its position as the busiest container port in Malaysia after hitting an all - time high of 800,000 twenty-foot equivalent units (“TEUs”) in August.
The latest record firmly places PTP on the road to achieve target total container throughput of 9.2million TEUs for 2015. PTP container volume for the first eight months this year has registered a growth of 8.9% compared to the same period last year.
“Positive improvements o productivity in container operations and better optimisation of resources were seen as the main reason behind this latest breakthrough, ”said Glen Hilton, Chief Executive Officer of PTP.
“With the strong support from PTP’s existing customers as well as volume from new customers, we are confident that PTP is on track to continue significant growth,” added Glen.
Last year, PTP handled 8.5million TEUs container throughput and simultaneously became the first port in Malaysia to achieve such feat. PTP was also one of the only three ports in the world that recorded a double digit growth and placed 18th in world’s top ranking port in 2014.
PTP complete phase two of its master plan through a recent expansion involving building two new berths, three blocks of containers yards, procurement of new quay cranes and as well as electrifying existing rubber-tyred gantries. The expansion provides PTP with an additional 720 metres of quay length and subsequently raises its annual handling capacity by 25 per cent to 10.5 million TEUs.
PTP is a joint venture between MMC (70%) , a premier utilities and infrastructure group and APM Terminals (30%), a leading global ports group with a global port network in 63 countries.