PTP exceeds 2001 target with throughput of 2.05m TEUs
New Straits Times
The Port of Tanjung Pelepas (PTP), South-east Asia’s fastest growing transhipment hub has achieved a throughput of 2.05 million TEUs (Twenty-foot Equivalent Units) for last year, surpassing its own target of 2 million TEUs.
The 2.05 million TEUs represent an increase of approximately 5-fold over year 2000’s 418,000 TEUs., the company said in a statement in Kuala Lumpur yesterday.
A total of 2,286 container vessel calls were made to PTP in 2001. By the year end, PTP achieved productivity levels of an average of 29 – 30 moves per hour per crane hence improving vessel turnaround time.
Mohd Sidik Shaik Osman, Chief Executive Officer of PTP was quoted as saying that, “the 2.05 million TEUs are a reflection of PTP’s resilience in facing the current economic outlook.
“We have all our customers and port staff to thank for this. PTP exceeding of its target can be attributed to the increasing local cargo through PTP,” he said.
Last year. PTP also retained its “Best Emerging Container Terminal Award” by Lloyd’s List Maritime Asia for the second time running in November 2001.
The award recognized PTP’s high growth achievement with high productivity. In June 2001, PTP also gained international recognition in infrastructure development by winning the Best Project Award from FIABCI (International Real Estate Federation).
For the outlook this year, Mohd Sidik added “ Capacity at PTP is being increased and the 10 quay cranes ordered will boost capacity to around 4.5 – 5 million TEUs per annum.
“Year 2002 will see the rail network to PTP operational. The new markets arising from this will extend PTP’s hinterland throughout Peninsular Malaysia”.