PTP to handle extra throughput volume
www.btimes.com.my
PELABUHAN Tanjung Pelepas (PTP) is set to handle an additional 500,000 twenty foot equivalent units through an agreement it signed with CMA-CGM two weeks ago.
On June 2 2009, PTP, a 70 per cent owned subsidiary of MMC, agreed to provide container terminal services to CMA CGM, an international operator serving maritime shipping routes around the world.
The additional volume is expected to contribute positively to the earnings and net assets of the MMC Group for the financial year ending December 31 2009