An aerial view of Bintulu Port
KUCHING: Bintulu Port Holdings Bhd (BPHB) is advancing the establishment of a carbon capture and storage (CCS) infrastructure at Bintulu Port and Samalaju Industrial Port as part of its long-term sustainability strategy.
BPHB said these CCS-enabled port hubs will be integral to Malaysia’s decarbonisation roadmap, positioning BPHB as a key enabler in regional carbon management and sustainable energy logistics.
“BPHB remains steadfast in delivering strategic value across its core business pillars – enhancing infrastructure, accelerating digital transformation and solidifying its role as a progressive enabler in carbon management and sustainable energy solutions,” it said in a statement yesterday.
BPHB is also moving forward with initiatives to operationalise free zone areas at both ports to unlock new investment opportunities and enhance trade facilitation.
“Upgrades to the Bintulu International Container Terminal are also underway to align with international standards in efficiency, agility and sustainability,” it said in a statement issued to coincide with the company’s AGM.
BPHB said the Borneo Oil and Gas Supply Base project remains a cornerstone of the group’s ambition to position Sarawak as a regional hub for offshore energy logistics and support Malaysia’s energy ecosystem with integrated, future-ready logistics solutions.
At the AGM, BPHB declared a dividend of RM69mil (15 sen per share), which it said was a balanced capital management move that provides shareholder returns while supporting reinvestment for future growth.
The shareholders were also told at the AGM that BPHB had achieved several all-time high operational milestones last year, with its total group revenue rising by 8.13% to RM888.47mil, reflecting its robust performance and disciplined operational management.
The achievements last year included a total cargo throughput of 51.94 million tonnes, setting a new performance benchmark. — Bernama