Five New Yard Cranes for PTP
Straits Times Singapore
The Malaysian port, which has emerged recently as one of PSA Corp's most aggressive competitors, yesterday took delivery of five new yard cranes as part of its expansion plans.
The delivery is the second shipment of 15 new cranes ordered by PTP from Italy's Noell Crane Systems.
The first shipment was delivered in January and the last five cranes on order are expected later this year.
Mr Mohamed Sidik Shaik Osman, PTP's chief executive, was quoted by AP as saying the cranes were part of expansion plans which would double the port's cargo-handling capacity eventually.
'This latest delivery of the rubber-tired gantry cranes increases our yard planning and terminal efficiency,' he said in a statement.
According to the AP report, PTP said in yesterday's statement that it currently has 52 gantry cranes and the capacity to move 2.5 million twenty-foot equivalent units (TEUs) - the industry's capacity measure - each year.
By the end of this year, the port plans to have 72 gantry cranes. It plans to boost capacity to between 4.5 million and five million TEUs a year eventually.