Northport hits all-time high container volume in 2021

KUALA LUMPUR: Northport (Malaysia) Bhd hit an all-time high container volume this year with the port operator’s 2021 throughput to date 20.7 per cent higher than in 2020, despite battling "two perfect storms.”

It hit the record after the 3,305,765th container was discharged from the Interasia Horizon vessel, surpassing the previous record of 3,305,764 twenty-foot equivalent units (TEUs) set in 2010.

"Despite battling two perfect storms, the COVID-19 pandemic and the recent unprecedented flash floods, which impacted its operations, Northport, a member of MMC Group, ended 2021 on a high note with a remarkable record-breaking performance,” the company said in a statement.

Chief executive officer Datuk Azman Shah Mohd Yusof said Northport had embarked on its ‘Reinventing Northport’ programme since the takeover of Northport by MMC Corporation Bhd group in 2016, which included refocusing strategy to become a local gateway and intra-Asia hub, optimising operating costs, replacing aging equipment, enhancing facilities as well as improving services and productivity.

"This had led us to break our highest monthly container handling performance by recording 310,865 TEUs in December last year. We were making steady progress until the pandemic hit us hard,” he said.

He also said the major challenge for its operations came at the start of the year when the port experienced heavy congestion at its container yard due to a high number of vessel calls, where the discharge of containers from the vessels was more than the loading operation.

"Northport faced more than 250 vessel omissions in 2021 as shipping lines realigned their schedules and omitted port calls,” he said

However, Azman said ports and logistics industry players came together and did their part, aided by the government agencies and led by Port Klang Authority (PKA) to bring some semblance of normalcy to Port Klang’s operations.

He revealed that Northport was also impacted after over 500 of its employees were affected by the recent flash floods.

Overall, the company said 2021 ranked as Northport’s best year ever with many notable achievements, including the ‘Best Port Safety Management Award’ from the Ministry of Transport on Dec 21, which was a testament to its commitment to maintaining a high standard of safety and health practices.

He also said another notable achievement for Northport in 2021 was the completion of the acquisition of Boustead Cruise Centre Terminal in Port Klang on a 50:50 joint venture arrangement between Northport and Westports Malaysia Sdn Bhd on Sept 23.

On the outlook for next year, he said the company has been cautiously optimistic on the prospects of 2022 in the face of an uncertain economic outlook, with a new wave of COVID-19 infections already affecting many countries globally.

"Nevertheless, we will continue with the next phase of ‘Reinventing Northport’ as we are expanding our yard capacity and buying new equipment to further boost our productivity and achieve more success in our transformational journey to be a safer, greener, smarter and better port,” he added. - Bernama
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

UK consumer morale hits lowest since records began in 1974
Japan, guarding against weak yen, urges G7 reaffirm FX agreement
Indonesia president declares end of palm oil export ban from Monday
Oil price rebounds from two days of losses in volatile trade
World stocks slide as growth fears persist, safe-havens gain
Exports beat market forecast
Stagflation danger stalks global economy beset by war fallout
Telcos seek a minimum 51% stake in DNB
TNB forays into international offshore wind market
CEO lowers stake in Serba Dinamik

Others Also Read