ISKANDAR PUTERI, 5 August 2024 — The Port of Tanjung Pelepas (PTP), a prominent Malaysian port operated in partnership between MMC Group and APM Terminals, has achieved a significant milestone by handling 1,115,181 twenty-foot equivalent units (TEUs) in a single month. This impressive feat, recorded in July 2024, makes PTP the first port in Malaysia to surpass 1.1 million TEUs in a month without encountering any congestion.
This new record surpasses PTP’s previous high of 1,077,747 TEUs set in May 2024, highlighting the port’s consistent operational excellence and reinforcing its position as a leading maritime and transshipment hub both regionally and globally.
Read More Business News
Tan Sri Che Khalib Mohamad Noh, PTP Chairman, expressed pride in the achievement, noting that the port’s ability to handle such high volumes smoothly is a testament to its vital role in global supply chains and Malaysia’s economic growth. Despite ongoing global shipping challenges, including significant port congestion and disruptions due to the Red Sea Crisis, PTP has maintained exceptional service levels.
Mark Hardiman, PTP’s CEO, credited the port’s success to ongoing investments in infrastructure, digitalisation, and adherence to environmental and safety standards. He emphasized that these efforts have enabled PTP to manage global congestion effectively while achieving record-breaking performance.
PTP’s achievement is also highlighted by its recent accolades, including the Industry Excellence Award (AKI) for the Services Sector, the British Malaysia Chamber of Commerce (BMCC) Business Excellence Award for Outstanding ESG, and a ranking as the fifth most efficient container port globally by The World Bank and S&P Global Market Intelligence.
This remarkable accomplishment underscores PTP’s resilience and commitment to excellence, driven by a dedicated team and supportive stakeholders.
Fomca urges government transparency on Budget 2026 cuts, warning healthcare reductions could harm patients, staff,…
PETRONAS and ENEOS renew LNG partnership, securing 10% stake in MLNG Tiga to strengthen energy…
UAE exits OPEC+, weakening spare capacity control and signaling shift toward capacity-driven competition, raising volatility…
Dunlop launches EV-ready tyres under Toyotsu Binter, strengthening Malaysian presence with new products, dealer expansion,…
The FOMC maintained that US economic activity continued to expand at a “solid” pace. Growth…
Finance Ministry raises RON97 and RON95 prices, keeps diesel unchanged, urges prudent fuel use amid…
This website uses cookies.
