Posted by Nepo > 2024-03-25 12:54 | Report Abuse

https://dayakdaily.com/swak-govt-studying-potential-of-linking-bintulu-port-to-nusantara-via-railway/

Posted by Nepo > 2024-04-18 08:22 | Report Abuse

https://www.malaymail.com/news/malaysia/2024/04/17/abang-johari-samalaju-industrial-park-in-bintulu-will-be-expanded-to-provide-more-space-for-investors/129269

Posted by Nepo > 2024-04-18 08:22 | Report Abuse

He added that Petronas and other sources have agreed to increase the supply of gas from 450 million cubic feet to 1,200 million cubic feet for Bintulu.

Abang Johari said the increase is due to the clear direction of the state government in the development of gas-based industries.

He said with the take-over of Bintulu Port by the state government from Putrajaya this year, Bintulu’s economy is expected to be more vibrant.

He said the federal government is due to table a Bill in Parliament in June this year to repel the Bintulu Port Act to enable the port to be returned to Sarawak.

“I have a plan for the port, but I will reveal it at the right time later.

“Hopefully, when we take over the port, it will become an important hub in South-east Asia,” the premier said.

Abang Johari stressed that after Kuching, Bintulu will be next to have an autonomous rapid transit (ART) system.

He added a feasibility study on the ART line from Samalaju to Bintulu is ongoing by a team engaged by the state government.

Posted by Nepo > 2024-04-19 08:37 | Report Abuse

https://www.theborneopost.com/2024/04/18/analysts-bintulu-port-to-benefit-from-prolific-projects-in-sarawak/

Posted by Nepo > 2024-04-19 08:39 | Report Abuse

KUCHING (April 18): Bintulu Port Holdings Bhd (Bintulu Port) is expected to benefit from the prolific projects in Sarawak, which are expected to achieve economic growth between 5 to 6 per cent in 2024.

Analysts at AmInvestment Bank Bhd (AmInvestment Bank) guided that several ongoing and upcoming projects in Sarawak are expected to benefit Bintulu Port’s operations in the long run.

In the medium-term, they guide that Sarawak Petrochem’s methanol project is expected to commence its first shipment in July 2024 and that the project is estimated to contribute an additional monthly average of 1,00l tonnes of cargo.

“In the same month, Bintulu Port will facilitate the first shipment of Biomass Raw Energy Hot Tropical Grass, adding 10,000 tonnes of liquid bulk volume monthly,” they added.

The combined total additional to liquid bulk throughput for FY24 is estimated to be 660k tonnes, says AmInvestment Bank.

That said the analyst notes that this is not a very significant increase as liquid bulk which accounts for 70 per cent of Bintulu Port’s total cargo throughput in 2023 is made up of 73 per cent LNG cargo while the remaining 27 per cent is from non-LNG liquids like methanol.

In the longer-term, the Bintulu International Container Terminal (BICT) is expected to benefit from additional medical glove shipments from the Sarawak Medical Innovation Technology Hub (SMITH) in FY25 with Phase 1A of the SMITH slated to be operational by the end of FY24.

One of the most prolific projects expected to benefit Bintulu Ports is Sarawak’s push for a green hydrogen economy which is in line with the National Energy Transition (NETR).

Thus far, there are two ongoing mega hydrogen-focused projects at the Sarawak hydrogen Hub in Bintulu and Rembus Depot.

They are the H2ornbill project partnered with Japanese Eneos and Sumitomo Corporation and H2biscus partnered with South Korean Samsung Engineering, Posco and Lottle Chemical.

The H2ornbill project seeks to develop two clean hydrogen-producing plants while the H2biscus project aims to develop hydrogen derivative facilities.

“H2ornbill and H2biscus projects are expected to produce a combined 240,000 tonnes per annum of green hydrogen, making the Sarawak Hydrogen Hub, one of the largest producers of clean energy globally. The 2 projects are envisaged to be operational in Bintulu Petchem Industrial Park in 2027,” the analyst shared.

This is expected to benefit Bintulu Ports tremendously as the export of hydrogen to both Japan and South Korea will use Bintulu Port’s shipping equipment and port facilities.

In a separate development, AmInvestment Bank believes that the mooted Trans Borneo Railway project that will link Sabah, Sarawak, Brunei and Kalimantan will be an economic catalyst for the Borneo region.

However, it is still early days as beyond a feasibility study approved by the federal government on routes within Sabah and Sarawak, there has been no agreement or expressed interest among the governments of Malaysia, Indonesia and Brunei to collaboratively build the Kalimantan-Borneo railway.

Posted by Nepo > 2024-04-26 09:30 | Report Abuse

lonely rider here..

Posted by Nepo > 2024-05-01 09:56 | Report Abuse

https://dayakdaily.com/bintulu-port-records-rm821-64-mln-in-revenue-in-2023-gears-up-to-support-sarawaks-economic-devt/

Posted by Nepo > 2024-05-23 05:28 | Report Abuse

https://dayakdaily.com/premier-bintulu-energy-park-to-attract-usd460-bln-investment-spending/

Posted by Nepo > 2024-07-11 14:10 | Report Abuse

https://dayakdaily.com/fed-govt-expected-to-table-bill-to-repeal-bintulu-port-authority-act-1981-in-next-weeks-parlimanent/

Posted by Nepo > 2024-07-12 08:55 | Report Abuse

Today (12 July 2024) is a very important day for Bintulu.
Cabinet discuss whether to allow Bintulu Port to be managed by Sarawak Government itself or not..

Good luck to the holders..

Posted by Nepo > 2024-07-15 08:33 | Report Abuse

Today submit proposal to parliment to approve to allow Biport to be self-managed by Sarawak govt
Good luck comrades..

Posted by Nepo > 2024-07-20 12:44 | Report Abuse

https://www.themalaysianinsight.com/s/485605

Posted by Nepo > 2024-07-20 12:45 | Report Abuse

Putrajaya finally hands over Bintulu Port to Sarawak

Posted by speakup > 2024-07-20 17:14 | Report Abuse

Pmx such a weak leader, everything bow down to Sarawak. Undurlah!

Posted by Nepo > 2024-07-21 10:18 | Report Abuse

https://dayakdaily.com/worlds-first-gas-derived-butter-bintulu-emerging-as-key-town-in-swaks-economic-transformation/

Posted by Nepo > 2024-07-25 07:09 | Report Abuse

https://sarawak.sinchew.com.my/news/20240724/sarawak/5786597

Posted by Nepo > 2024-07-25 07:18 | Report Abuse

https://www.enanyang.my/%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1/%E3%80%90%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1%E3%80%91%E6%B0%91%E9%83%BD%E9%B2%81%E6%B8%AF%E5%8F%A3-%E7%A0%82%E5%B7%9E%E9%A1%B9%E7%9B%AE%E6%94%AF%E6%92%91%E5%B1%95%E6%9C%9B

Posted by Nepo > 2024-08-25 07:26 | Report Abuse

In the second half of FY24, Kenanga said the the focus for the group will be on the completion of the new Bintulu Port Authority Sarawak (BPAS), which is anticipated by the end of the year. This transition, which includes an interim lease agreement until December 2024, is not expected to disrupt port operations. The Bintulu Port (Dissolution) Bill 2024 has already been passed, and the new Port Operation Agreement is in the works. Despite this, BIPORT’s earnings growth for 2025 may be muted unless there are changes in tariff structures.

Posted by Nepo > 2 months ago | Report Abuse

https://www.theborneopost.com/2024/08/28/uggah-sarawak-govt-to-take-full-control-of-bintulu-port-by-december/

KUCHING (Aug 28): Deputy Premier Datuk Amar Douglas Uggah Embas has confirmed that a clear timeline has been set for the full handover of Bintulu Port to the Sarawak government by this December.

In a statement, he said a key meeting was held in Putrajaya today, in line with the Memorandum of Understanding (MOU) between the federal and Sarawak governments, which outlines the transition of Bintulu Port from a federal port to a state port.

Uggah, who is also Sarawak Minister of Infrastructure and Ports Development, and federal Transport Minister Anthony Loke co-chaired the Joint Federal-State Committee at the Ministry of Transport Malaysia office in Putrajaya.

He said the purpose of this meeting was to address any outstanding issues and to ensure a seamless transition of Bintulu Port to the Bintulu Port Authority (Sarawak).

“We have established a clear timeline, and we are on track for the port to be fully handed over by the end of December 2024,” he said.

He added this meeting also marked the first convening of the joint committee since the successful passage of the Bintulu Port Authority (Dissolution) Act 2024 in Parliament on July 17, this year.

According to press reports, the Dewan Rakyat had on July 17 approved the Bintulu Port Authority (Dissolution) Bill 2024 and the Declaration of an Area in the Bintulu District to be a Federal Port (Repeal) Bill 2024.

The Bintulu Port Authority (Dissolution) Bill, sought to repeal the Bintulu Port Authority Act 1981, to dissolve the Bintulu Port Authority established under the act, to provide for the vesting of its properties to the government or Sarawak state government or any entity empowered or appointed by the state government under the relevant written laws and to provide for related matters.

The Declaration of an Area in the Bintulu District to be a Federal Port (Repeal) Bill 2024, sought to repeal the Declaration of an Area in the Bintulu District to be a Federal Port Act 1979, following the change in the status of Bintulu Port from a federal port to a state port.

Uggah had said on July 18 that all ports across Sarawak now belonged to the state government following the handing over of Bintulu Port.

Deputy Prime Minister Datuk Seri Fadillah Yusof had on July 17 said the dissolution of Bintulu Port Authority and the change in the status of Bintulu Port from a federal port to a state port were in line with the Malaysia Agreement 1963 (MA63).

He also mentioned the move was also in accordance with the Port Authorities Ordinance 1961 where all ports in Sarawak are under the authority of the state government.

Posted by Nepo > 2 months ago | Report Abuse

https://www.nst.com.my/business/corporate/2024/09/1100750/backlog-lng-tankers-bintulu-complex-after-maintenance-work

Posted by Nepo > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/725450?client_hour_clock=24&clientlang=2

Posted by Nepo > 2 months ago | Report Abuse

https://www.theborneopost.com/2024/09/04/stronger-outlook-for-bintulu-ports-2h-on-jerun-kasawari-gas-projects/

Posted by Nepo > 2 months ago | Report Abuse

KUCHING (Sept 4): Bintulu Port Holdings Bhd (Bintulu Port) expects stable liquefied natural gas (LNG) supply in the second half of financial year 2024 (2HFY24) upon commissioning of the Jerun gas field and Kasawari gas development project.

Posted by Nepo > 2 months ago | Report Abuse

“This will pave the way for a new concession in January 2025, and a 10 per cent hike in Bintulu Port’s tariffs by FY25, based on our prediction,” Kenanga Research said.

Recall, there has not been any revision to Bintulu Port’s tariffs since 1993 and its tariff is 38 per cent lower than that of Samalaju Industrial Port.

It currently charges RM207.50 per twenty-foot equivalent unit (TEU) for local containers, versus RM335 per TEU charged by Samalaju Industrial Port.

Posted by Nepo > 2 months ago | Report Abuse

RM 207.50 X 10% hike in tariff rate = RM RM 20.70 per twenty-foot equivalent unit.

Posted by Nepo > 2 months ago | Report Abuse

No decrease in LNG shipments for BiPort. There were a series of disruptions for LNG operations in 2QFY24 and 3QFY24. On 10 May 2024, Petronas-owned LNG facility in Bintulu was struck by power outage, and fully resumed operations 9 days after that. Another disruption occurred in August 2024 involving 2 production trains in MLNG 3. We gather that LNG export volumes were not affected. Both MLNG and Petronas will defer and optimise LNG shipments in 2HFY24 to meet their yearly contractual agreements. As a result, earnings for 2HFY24 are expected to be better due to deferred cargoes from 1HFY24.

State takeover of Bintulu Port by end-2024. On 17 July, a bill to repeal Bintulu Port Authority Act 1981 was approved. The next step is for the bill to be gazetted and enforced as law. The agreement is expected to be finalised by the end of 2024, coinciding with the expirations of the current 2-year interim concession in December 2024. Hence, we assume the new concession will commence in January 2025 for a period of 30 years.

Posted by Nepo > 2 months ago | Report Abuse

Price Target:
7.30

Posted by Nepo > 2 months ago | Report Abuse

https://www.theborneopost.com/2024/09/16/sarawak-to-build-bio-refinery-in-bintulu-says-abg-johari/