12 Jun 2024

Port of Tanjung Pelepas in top 5 of global efficiency ranking

The Edge View Source


JOHOR BAHRU (June 11): Port of Tanjung Pelepas (PTP), a joint venture between Malaysia-based MMC Group and Netherlands-based APM Terminals, was ranked the fifth most efficient container port in the world.
According to the recently published 2023 Container Port Performance Index (CPPI), PTP has risen from sixth place to fifth-ranked and also secured the top spot in the Southeast Asia region.
In a statement today, PTP chairman Tan Sri Che Khalib Mohamad Noh said the achievement showed that the port’s drive for enhanced safety, operational excellence and continuous improvement truly made a difference, boosting its performance throughout the supply chain and enabling PTP to deliver the best service to its customers.
“As the top performer in Southeast Asia, PTP not only reinforces our status as Malaysia’s busiest and largest transhipment hub but also solidifies our position as a vital trade gateway for this entire region, even amidst today’s challenging global shipping environment.
“This significant achievement is a testament to the remarkable tenacity of our people, and we are immensely proud of their efforts. It highlights our stability and unwavering commitment to serving our customers in the best possible way,” he said.
Meanwhile, PTP CEO Mark Hardiman said that in addition to efficiency, the port also emphasised the importance of a clear business sustainability agenda.
“By aligning our environmental, social and governance initiatives, safety policies and digitalisation strategy, we not only enhance efficiency and optimise operations but also minimise our environmental impact.
“One significant target is our ongoing efforts aimed at achieving a targeted 45% reduction in emissions by 2030 while we continue to strive for high performance,” he said.
He said PTP remained committed to innovation and efficiency and would continue to invest in infrastructure, cutting-edge technologies and its valuable workforce to strengthen its leadership in global container port operations.
The CPPI, developed by the World Bank and S&P Global Market Intelligence, is based on the most extensive dataset to date, covering 405 ports worldwide.
It includes over 182,000 vessel calls, 238.2 million moves and approximately 381 million twenty-foot equivalent units for the entire calendar year of 2023.