PETALING JAYA: Malakoff Corp Bhd
has initiated an internal investigation following the collapse of a coal unloader at the Tanjung Bin complex jetty in Johor last Saturday that killed two and injured three others.
In a statement, the independent power producer assured that the accident did not affect its ongoing or future projects.
Four other coal unloaders at the jetty continue to operate as normal.
As such, operations at the jetty, as well as at the Tanjung Bin Power Plant and the Tanjung Bin Energy Power Plant remained unaffected.
The plant and the jetty are also physically separated, and the incident did not impact plant operations.
In addition, Malakoff pointed out that the company had been cooperating and working closely with the Department of Occupational Safety and Health (DOSH) in its investigations to determine the cause of the mishap.
“As the investigation is ongoing, it would be premature to draw any conclusions at this stage. Further information will be shared once findings have been confirmed,” said Malakoff.
On Dec 13, a safety incident had occurred at one of the five coal unloaders of Tanjung Bin Complex Jetty in Johor while scheduled maintenance work was being carried out at the said coal unloader (CUL 20) by a contractor.
The plant’s emergency response team and Fire and Rescue Department responded to the incident swiftly.
Despite all the efforts, the incident resulted in fatalities and injuries, all of whom were the contractor’s personnels.
One of the injured individuals had since been discharged and allowed to return home while the remaining two are still being hospitalised.
“The affected area of the jetty had been secured as a precautionary measure and DOSH had issued a notice of prohibition against the said CUL 20 and its adjacent grab unloader (GUL 10).
“The same will be lifted upon completion of necessary remedial actions to be instructed by DOSH,” said Malakoff in a filing with Bursa Malaysia.
In a note to clients, TA Research said: “At this juncture, it is uncertain how long the coal-lifting crane will be out of service, but based on our visit earlier this year, we understand that up to two months of coal inventory is maintained at Tanjung Bin Complex.
“At this point, we do not expect any major disruption to the operations of both Tanjung Bin Power and Tanjung Bin Energy plants,” it said.
TA Research also expects Malakoff’s financial year 2026 (FY26) to be a turning point after various setbacks that the independent power producer has experienced in FY25.
Its performance this year had been marred by negative fuel margins, its Tanjung Bin Energy’s steam turbine crossover pipe leakage and a fire incident at Tanjung Bin Energy in October before the latest incident.
