Archive | JOHOR

Lauritzen: 'From our understanding, PTP will not need to expand that much in the future.' immediate future'.

Maersk: PTP terminal expansion capability not immediate concern

Maersk Line, the world’s largest shipping line and also a major customer of Port of Tanjung Pelepas (PTP), is not too worried about the terminal expansion capability in the near future due to the reclamation works of the massive Forest City Project in Tanjung Kupang. Rumours are rife that PTP – a 70% subsidiary of […]

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‘Reclamation had no impact on Johor ports’

The Johor Port Authority (JPA) has allayed fears that the recent coastal reclamation works along the Johor Strait will affect the navigation of vessels in the waterway. JPA general manager Muhammad Razif Ahmad said all port operations were going on as usual and no vessel operators have reported obstacles caused by reclamation work along the […]

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PTP confident of double-digit growth next year

SINGAPORE: Port of Tanjung Pelepas (PTP), Malaysia’s largest container terminal, is confident of double-digit growth next year despite a challenging economic environment. “We are expanding under a three-year modernisation plan, which will be completed around May next year,” said chief executive officer Glen Hilton. PTP is investing RM1.4 billion over three years in a modernisation […]

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Maersk Line’s World Largest Ship Makes A Maiden Call At PTP

Maersk Mc-Kinney Moller, the world’s largest container ship and the first Triple-E class vessel, made its maiden call today at the Port of Tanjung Pelepas (PTP) here. The vessel was one of 20 ordered by Maersk Line from South Korea’s Daewoo Shipbuilding & Marine Engineering following the signing of the US$1.9 billion contract in February […]

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Johor Port, PTP can still achieve cost savings

The expected cost savings from the consolidation of Johor Port and Port of Tanjung Pelepas’ (PTP) operations can still be achieved without changing their corporate structure, says Kenanga Investment Bank research head Yeonzon Yeow. “The deferment of the rationalisation plan of the two ports will have minimal impact on their parent company, MMC Corp Bhd. […]

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Port Of Tanjung Langsat To Emerge Leading Chemical Logistics Hub

JOHOR BAHARU, Dec 31 (Bernama) — The Port of Tanjung Langsat (PTL), in Pasir Gudang, will emerge as the leading chemical logistics hub in South East Asia, given the edge it has over its competitors. Menteri Besar Datuk Abdul Ghani Othman said the port’s advantages were obvious although it has to compete with integrated petrochemical […]

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Johor Port to sell its 75pc stake in Bernas Logistics

MMC Corp Bhd’s subsidiary, Johor Port Bhd (2194) is selling its 75 per cent stake in Bernas Logistics Sdn Bhd to Padiberas Nasional Bhd (Bernas) for RM11.76 million. Upon completion of the sale, Bernas Logistics will become a wholly-owned subsidiary of Bernas. In a separate statement, Johor Port said it has also terminated its sub-lease […]

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Langsat Terminal: First phase of project done

LANGSAT Terminal (One) Sdn Bhd, a joint venture between MISC Bhd, Dialog Group Bhd and Puma Energy Asia Pacific B.V., part of the Trafigura group, has completed Phase 1 of its tank terminal project in Tanjung Langsat, Johor. The terminal received its first shipment of gas oil from its customer, Trafigura Pte Ltd, on Saturday. […]

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JCorp investing RM500mil in phase two of port expansion

PASIR GUDANG: Johor Corp (JCorp) will be investing RM500mil under the second phase of the Tanjung Langsat Port expansion plan this year, said chief executive officer Tan Sri Muhammad Ali Hashim. Two new berths measuring 500m each dedicated to the handling of general cargo would be built at the port, he said. “It is necessary […]

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Johor Port – Leading Multi-purpose Port in Malaysia Operates in Vibrancy

On the operations, JPB has procured several new cranes, some of which have already been deployed recently. Three new Rubber Tyre Gantry Cranes (RTG’s) began operations at the Container Terminal in late 2005, with three more to come in 2007. Also in early 2007, a new Post-Panamax Gantry Crane will be delivered for wharf operations […]

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