CEO Morning Brief

Port of Tanjung Pelepas Hits New Milestone in Handling 1.08 Mil TEUs in a Single Month

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Publish date: Wed, 05 Jun 2024, 11:00 AM
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TheEdge CEO Morning Brief

KUALA LUMPUR (June 4): Port of Tanjung Pelepas (PTP), a joint venture between Malaysia-based MMC Group and Netherlands-based APM Terminals, achieved a new milestone by handling a record 1.08 million twenty-foot equivalent units (TEUs) in a single month.

This achievement, accomplished without any congestion, reinforces PTP’s position as Malaysia’s busiest and largest transshipment hub, PTP said in a statement today.

Its chairman Tan Sri Che Khalib Mohamad Noh said that achieving this record without congestion allows PTP to provide a unique and valuable service to the global supply chain.

“This achievement is the result of outstanding dedication and commitment from everyone to set up the right and sustainable business conditions, especially in applying advanced technological strategies in our day-to-day operations and focusing on delivering integrated customer services to our stakeholders,” he said.

PTP CEO Mark Hardiman said PTP is constantly evaluating and improving its strategic direction and initiatives to ensure sustainable growth, with a strong focus on safety and putting customers at the centre.

“PTP’s strategic approach to continuously enhancing efficiency and optimising operations, with strong emphasis on safety, has been crucial in maintaining Malaysia’s competitive edge in an increasingly competitive global market.

“Our concerted efforts to grow are supported by significant emphasis on our port asset upgrades and infrastructure work, which are also aligned with our environmental, social and governance agenda, safety policies and digitalisation strategy roadmap,” he said.

In 2022, PTP made history as the first container terminal in Malaysia to surpass 1 million TEUs in a month, setting a record of 1.002 million TEUs at that time.

Source: TheEdge - 5 Jun 2024

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