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PTP

Ports of Pasir Gudang, Tg Pelepas on track to hit container volume target

The Pasir Gudang Port and Tanjung Pelepas Port are on track to achieve their target of handling container volume of 9.5 million 20ft equivalent units (TEUs) this year. Johor Port Authority (JPA) general manager Muhammad Razif Ahmad said both ports, which were being managed by the JPA, recorded container volume of 9.2 million TEUs in […]

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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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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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