PTP sets throughput record

Malaysia's Port of Tanjung Pelepas (PTP) has set a new throughput record handling some 800,000-teu in August.


PTP chief executive Glen Hilton
 
PTP said the latest record firmly places it on the road to achieve target total container throughput of 9.2mteu 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 on productivity in container operations and better optimisation of resources were seen as the main reason behind this latest breakthrough," said PTP chief executive Glen Hilton.

"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."

Last year, PTP handled 8.5mteu 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 completed phase two of its masterplan 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% to 10.5mteu.

Malaysia’s largest container terminal operator is a joint venture between MMC Corp with 70% and AP Moller Maersk’s APM Terminals with 30%.