PTP, which completed its second full year of operation, hit the headlines last year when it lured Maersk Sealand from Singapore with an equity offer. Maersk Sealand boxes played a prominent role in the burgeoning volume for 2001.

 

While acknowledging that “a significant portion of the year 2001 volumes comes from Maersk Sealand,” PTP chief executive Mohd Sidik Shaik Osman pointed out that local cargoes were also playing an important role.

 

The arrival of 10 quay cranes this year will boost annual handling capacity to five million TEUs and the port expects to handle more containers once its rail network becomes operational this year.

 

(By K.K. Chadha in Hong Kong)