PTP surpasses Year 2001 projections
Skali News
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 year 2001 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.
On vessel calls, a total of 2,286 container vessel calls were made to PTP in year 2001. By year-end, PTP also achieved excellent productivity levels of an average of 29 moves per hour per crane hence improving vessel turnaround time.
Mohd Sidik Shaik Osman, Chief Executive Officer of PTP stated, “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. Although the shipping and port sector has seen volumes drop, PTP’s exceeding of its targets can be attributed to the increasing local cargo through PTP both from the port free zone area and the local hinterland. “
In year 2001, PTP also retained its “Best Emerging Container Terminal Award” by Lloyd’s List Maritime Asia for the second year running in November 2001. The award recognised PTP’s high growth achievement with high productivity. In June 2001, PTP also gained international recognition by winning the Best Project Award from FIABCI (International Real Estate Federation).
On year 2002 outlook, Mohd Sidik added “ Capacity at PTP is being increased and the 10 quaycranes ordered will boost capacity to around 4.5 – 5 million TEUs per annum. To take advantage of this, PTP is now actively pursuing new customers both from shipping and also in the free zone area. Year 2002 will also see the rail network to PTP operational. The new markets arising from this will extend PTP’s hinterland throughout Peninsular Malaysia”.