PTP posted record throughput of 9.8m TEUs last year

“Last year, PTP invested more than RM700mil in an effort to improve its container handling capacity, capability and reliability, ” PTP chairman Datuk Seri Che Khalib Mohamad Noh said.

KUALA LUMPUR: Port of Tanjung Pelepas’ (PTP) throughput rose by more than 8% to a record of 9.8 million TEUs (twenty-equivalent units) in 2020, reaping from its more than RM700mil investment in its port.

In a statement on Monday, it said this was a strong terminal growth from the 9.1 million TEUs recorded in 2019 despite global economic uncertainties and health pandemic.

PTP, a joint venture between Malaysian based MMC Group and Hague based APM Terminals, also posted a record in TEUs handling in a month with 967,783 TEUs as well as the highest moves in a single shift with a total of 12,411 moves (19,984 TEUs) last December.

PTP chairman Datuk Seri Che Khalib Mohamad Noh said in spite of global health crisis and economic uncertainties, PTP continues to further strengthen its position as one of the main transhipment hubs in the region and deliver the best value and services to its customers and all stakeholders.

“Last year, PTP invested more than RM700mil in an effort to improve its container handling capacity, capability and reliability, ” he said.

PTP acquired an additional eight super post Panamax quay cranes, 10 electrified rubber tyred gantries and it also dredged its navigation channel to ensure new generation of ultra large container vessels ships can safely navigate to the port, Che Khalib said.

By investing in our assets, we are further establishing our terminal as one of the best equipped and most technologically advanced terminals in the region and will ensure that PTP can keep up with the rapid changes in the port and shipping industry and subsequently meet the growing demand of our customers” he added.

CEO Marco Neelsen pointed out the trajectory growth due to the surge in extra transhipment calls volume receives by the port due to the increase demand in Asia and Europe as well as requests from customers to increase their throughput in PTP.

“Despite some challenges during 2Q of FY2020, the second half of the year went very positive for PTP with an upsurge of volume due to the opening of countries’ borders and the reviving of the global trade economy for China, Transpacific and Europe regions, ” he said.

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