Featured Stories
Bintulu Port wins jobs from oil majors Johor Port and Pelindo IV form partnership Port Klang to move up one spot in container league MMC Corp takes controlling stake in Tanjung Bruas Port operator MARC sees Northport incurring RM823m in capex over 3 years
 
BPSB

Bintulu Port wins jobs from oil majors

KUCHING: Bintulu Port Holdings Bhd (BPHB) has secured contracts from major oil and gas (O&G) companies as the company expands its port business to provide base support services for the O&G industry. Wholly-owned subsidiary Bintulu Port Sdn Bhd has won a five-year contract each from Petronas Carigali Sdn Bhd and Petronas Floating LNG as well […]

Johor Port Bhd

Johor Port and Pelindo IV form partnership

KUALA LUMPUR: Johor Port Bhd, a member of the MMC Group, has signed a memorandum of understanding (MoU) with PT Pelabuhan Indonesia IV (Pelindo IV) that will involve several collaborations, including a sister port partnership programme. The MoU will also pave the way for Johor Port to share its experience and expertise with Pelindo IV […]

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Port Klang to move up one spot in container league

PETALING JAYA: Port Klang is expected to move up one spot to the 11th placing in the World Container League for 2016, boosted by its strong performance in terms of container throughput and transshipment growth. The largest port in Malaysia was ranked 12th in the World Container League 2015. However, PKA said it would expect […]

PTP

MMC Corp takes controlling stake in Tanjung Bruas Port operator

KUALA LUMPUR: MMC Corp Bhd is taking 70% equity interest in KMB Seaport Sdn Bhd, the operator of Tanjung Bruas Port in Malacca, for RM21mil in cash. In a filing with Bursa Malaysia, MMC said it had inked a conditional agreement to acquire the ordinary equity interest and 4.99 million irredeemable convertible cumulative preference shares […]

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MARC sees Northport incurring RM823m in capex over 3 years

KUALA LUMPUR: Malaysian Rating Corporation (MARC) sees Northport (Malaysia) Bhd incurring over RM823mil in capital expenditure (capex) over the next three years to replace its equipment and repair existing infrastructure. It said on Tuesday that as at July 31, 2016, Northport’s interim finance-to-equity ratio (FER) stood at 0.35 times (January-July 2015: 0.33 times). Assuming the […]

BPSB

Bintulu Port wins jobs from oil majors

10 April 2017

KUCHING: Bintulu Port Holdings Bhd (BPHB) has secured contracts from major oil and gas (O&G) companies as the company expands its port business to provide base support services for the O&G industry. Wholly-owned subsidiary Bintulu Port Sdn Bhd has won a five-year contract each from Petronas Carigali Sdn Bhd and Petronas Floating LNG as well […]

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Johor Port Bhd

Johor Port and Pelindo IV form partnership

21 February 2017

KUALA LUMPUR: Johor Port Bhd, a member of the MMC Group, has signed a memorandum of understanding (MoU) with PT Pelabuhan Indonesia IV (Pelindo IV) that will involve several collaborations, including a sister port partnership programme. The MoU will also pave the way for Johor Port to share its experience and expertise with Pelindo IV […]

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WESTPORT_243

Port Klang to move up one spot in container league

18 January 2017

PETALING JAYA: Port Klang is expected to move up one spot to the 11th placing in the World Container League for 2016, boosted by its strong performance in terms of container throughput and transshipment growth. The largest port in Malaysia was ranked 12th in the World Container League 2015. However, PKA said it would expect […]

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PTP

MMC Corp takes controlling stake in Tanjung Bruas Port operator

13 January 2017

KUALA LUMPUR: MMC Corp Bhd is taking 70% equity interest in KMB Seaport Sdn Bhd, the operator of Tanjung Bruas Port in Malacca, for RM21mil in cash. In a filing with Bursa Malaysia, MMC said it had inked a conditional agreement to acquire the ordinary equity interest and 4.99 million irredeemable convertible cumulative preference shares […]

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northportcontainersports0612

MARC sees Northport incurring RM823m in capex over 3 years

10 January 2017

KUALA LUMPUR: Malaysian Rating Corporation (MARC) sees Northport (Malaysia) Bhd incurring over RM823mil in capital expenditure (capex) over the next three years to replace its equipment and repair existing infrastructure. It said on Tuesday that as at July 31, 2016, Northport’s interim finance-to-equity ratio (FER) stood at 0.35 times (January-July 2015: 0.33 times). Assuming the […]

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End of the day: Several ships plying the Malacca Strait in the background as a couple takes in the sunset on a beach in Carey Island.

Giant Carey Island port in the works

09 January 2017

PETALING JAYA: Northport. Westport. And next up is Carey Island, a massive port-industrial city project, with infrastructure investments of more than RM200bil covering an area of over 100sq km – more than twice the size of Putrajaya. This giant new port will also be able to handle more cargo than the two existing ports combined. […]

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bintuluPort

Bintulu Port awards RM14.19m stevedoring contract

07 December 2016

KUALA LUMPUR: Bintulu Port Holdings Bhd has awarded a RM14.19mil contract to Blessed General Contractor Sdn Bhd to provide stevedoring services. The ports operator said on Wenesday its units Bintulu Port Sdn Bhd had issued the letter of acceptance to the contractor to provide the services over 36 months. Howewer, it also had a clause […]

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Kuantan Port ready to handle bauxite shipments

05 December 2016

KUANTAN: Kuantan Port Consortium Sdn Bhd (KPC) is ready to handle bauxite shipments if the government lifts the moratorium on mining in the state on Dec 31. “KPC has spent a lot of money on improving facilities to ensure the situation does not go back to what it was,” said chief executive officer Datuk Khasbullah […]

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Sapangar Bay Container Port

Sabah Ports may need RM1.5b over 2 to 3 years, says RAM Ratings

02 December 2016

KUALA LUMPUR: Sabah Ports Sdn Bhd may need up to RM1.5bil over the next two to three years to transform Sapangar Bay Container Port into a transshipment hub, says RAM Rating Services. The ratings agency said on Friday the plan, mooted by the state and federal governments, might boost Sabah Ports’ profile from a hinterland-based […]

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New O&G centre: Noormustafa posing with a scale model of the port servicing the oil and gas industry. The project is expected to generate demand for port services.

Work on Malacca port starts in 2017

28 November 2016

T.A.G Marine with Chinese investors will build the RM12.5bil hub SHAH ALAM: Construction of the RM12.5bil Kuala Linggi International Port (KLIP) in Malacca will begin in the first quarter of next year. T.A.G Marine Sdn Bhd managing director Datuk Wira Noormustafa Kamal Yahya hoped the port servicing the oil and gas industry would attract more […]

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