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Penang Port Acting Chief Executive Officer Sasedharan Vasudevan briefing the media during a tour of the port. - ZHAFARAN NASIB/The Star/

Penang Port allocates RM186mil capex for two years

GEORGE TOWN: Penang Port Sdn Bhd has allocated RM186mil in capital expenditure (capex) over a span of two years. Acting chief executive officer V. Sasedharan said the bulk would go towards strengthening and expanding the capacity of the berth, which includes the purchase of two ship-to-shore cranes. Sasedharan said it would raise the container-handling capacity […]

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Penang Port setto grow in stature

AN automotive logistics hub to be built on mainland Penang for RM630 million is set to raise Penang Port’s profile as a transportation and logistics hub. The Penang Port will be boosted further with the construction of a RM200 million Boon Siew Honda Sdn Bhd facility in Batu Kawan, Seberang Prai. The port’s shipment volume […]

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Business as usual at Penang Port

AWAITING CLEARER PICTURE: Management goes ahead with expansion plans and moves to improve net profit WHILE the cloud of uncertainty continues to hover over the fate of Penang Port Sdn Bhd (PPSB), it’s business as usual for the management of the country’s oldest port. “We are just as anxious as you are about the new […]

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Penang port needs a month to solve woes

3,000 ground slots will be ready in container terminal by then GEORGE TOWN: Penang Port Sdn Bhd (PPSB) needs one month to solve the congestion problems at the North Butterworth Container Terminal (NBCT) as the new decking area with 3,000 ground slots will only be ready by then. Penang Port Commission (PPC) chairman Tan Cheng […]

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Potential RM1.5b investment from Mideast

Middle Eastern investors may invest some RM1.5 billion in a petroleum tank farm and halal industrial park in Penang Port. Penang Port Sdn Bhd (PPSB) chairman Datuk Seri Dr Hilmi Yahaya yesterday said potential investors have approached PPSB to set up shop in the port area to tap the export potential of the Indonesia-Malaysia-Thailand Growth […]

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PPSB moves to boost productivity

Terminal operator Penang Port Sdn Bhd (PPSB) will be roping in 30 additional skilled personnel to handle vital port machinery next year, as part of efforts to boost productivity. The port now handles an average crane productivity of 25 TEU (20-foot equivalent unit) moves per hour compared with 35 TEU moves per hour by more […]

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Expansian plans to buoy Penang port into regional hub

THE year 2010 will be a big year for Penang Port. The extension to its container wharf will be completed and the six new cranes built by ZPMC and delivered in December 2009 will commence service. As the Penang Port managing director Datuk Ahmad Ibnihajar puts it: “There will be new operational options including on […]

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Penang Port’s success anchored on strong strategies

IN SPITE of the difficult yet challenging economic recession that it encountered recently, Penang Port Sdn Bhd has managed to keep afloat and still perform at its best. It did experience difficulties in the beginning. However, every cloud has a silver lining and for Penang Port, abundant opportunities emerged, just waiting to be capitalised on. […]

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A port to call home Liner launches cruises from Penang

AFTER much anticipation, the Star Cruise Pisces has arrived in Penang. The 177m cruise liner docked at the Penang International Cruise Terminal at Swettenham Pier, that is set to serve as the vessel’s home port, on Wednesday. Penang Port Commission (PPC) chairman Tan Cheng Liang said the cruise ship had organised a three-day “familiarisation” event […]

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Sister ports in the works

PENANG and Bangladesh Chittagong ports are currently in discussions to become sister ports in an effort to enhance co-operation between the two harbours. Penang Port Commission (PPC) chairman Tan Cheng Liang said both parties had discussed the proposal and the commission hoped that a memorandum of understanding could be inked soon. She said the move […]

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