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International Shipping
PTP is Malaysia's first container terminal to surpass 11m TEU
Date:2022-01-12 Readers:
PORT of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between Malaysian based MMC Group and Hague based APM Terminals, reached a new milestone by becoming the first container terminal in Malaysia to surpass 11 million TEU throughput volume in a year and strengthening the facility's position as one of the top 15 global ports.

The milestone was recorded on Christmas Day morning during the loading process at Maersk Amazon. PTP also subsequently registered a total volume of 11.2 million TEU at end of 2021, representing an increase of 14 per cent growth in its yearly volume as compared to 9.8 million TEU in 2020.

Malaysia's Transport Minister Datuk Seri Wee Ka Siong said the ministry was proud of PTP's latest and historic accomplishment and congratulated PTP for such an amazing achievement, reports The Malaysian Reserve.

"At the time when other ports around the world are still reeling from the impact caused by various business and operational issues due to the ongoing Covid 19 pandemic, rising freight costs, port congestions, vessel blockages, equipment and manpower shortages and many more, PTP has shown great resilience in navigating through these challenges," he said.

PTP chairman Datuk Seri Che Khalib Mohamad Noh underscored the mutual understanding and smart business collaboration that PTP has nurtured with its customers and stakeholders, especially in ensuring transparency in operations and business have cushioned both sides from the downside scenario and impact of such challenges.

"By being agile and adaptive to changes in the industry and global market, PTP continuously implemented various strategic improvement initiatives and asset empowerment programmes. In 2021 for example, we continued our effort to optimise our current terminal footprint via the upgrading of our equipment fleet and utilising yard capacity, optimisation of system, as well as empowering digitisation and automation efforts," he said.

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