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Northport sails away with best terminal award

Posted on 21 June 2010. Tags: Basheer, Container Handling, Container Terminal, Containers, Conventional Cargo, Customer Relationship Management, Exports And Imports, Five Months, Foot Equivalent Units, Gala Event, Hassan, Managing Director, Quality Innovation, Quality Of Service, Sails, Service Quality, Shanghai China, Supply Chains, Transshipment

Northport (Malaysia) Bhd has emerged as winner of the Asian Freight and Supply Chains awards (AFSCA) 2010, beating seven other ports in the region.

The port was named the best container terminal in Asia for ports handling containers below 4 million twenty-foot equivalent units (TEUs), the second time it has won the award.

At the AFSCA Award gala event in Shanghai, China, the port was chosen for its leadership demonstration, consistency in service quality, innovation as well as customer relationship management and reliability.

It was also cited for usefulness of its product range, container handling rates, timely and adequate investments, effective use of IT systems and also efficient turnaround of trucks delivering or picking up containers at the port.

Managing director Datuk Basheer Hassan Abdul Kader said Northport is delighted.

“The award serves to reinforce the industry’s perception of the unrivalled standard and quality of service and performance that we offer at the Northport.

“Northport has been consistent in enhancing its perfomance to meet high user expectations by focusing on good value for money” said Basheer Hassan in a statement.

Total traffic at Northport jumped to 1.37 million TEUs in the first five months of this year from 1.07 million TEUs for the corresponding period in 2009.

Traffic in indigenous container volumes consisting of exports and imports rose 21 per cent to 411,438 TEUs together with a 41 per cent increase in transshipment totalling 348,824 TEUs and gains of 3.11 million tonnes in the handling of conventional cargo.

The awards attracted more than 12,200 readers of the Hong Kong-based shipping publication Cargonews Asia to select best-in-class companies in 42 industry-specific category by polling.

By: btimes.com.my

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NCB sees higher volume at Northport

Posted on 30 March 2010. Tags: Ahmad, Basheer, Berth, Capex, Capital Expenditure, Chief Executive Officer, Construction Cost, Container Terminal, Conventional Cargo, Economic Downturn, Economic Recovery, Expansion Plan, Global Economic Meltdown, Hassan, Lease Agreement, Northport, Terminal 3, Volume Increase

It will reactivate berth expansion plan on economic recovery

PETALING JAYA: NCB Holdings Bhd projects a volume increase of 10% to 15% and will reactivate its expansion plan at Northport (M) Bhd this year in line with the current economic recovery trends.

Northport, a port operating subsidiary of NCB, posted a 5% decline in volume to 2.9 million twenty-foot equivalents units (TEUs) last year due to the global economic downturn.

Chairman Tun Ahmad Sarji Abdul Hamid said the positive volume outlook this year was for containerised and conventional cargo.

We only expand to commensurate the business that we have: NCB HOLDINGS BHD CHAIRMAN TUN AHMAD SARJI ABDUL HAMID

“And since there are perceptible trends in economic recovery, the group has decided to reactivate the expansion of berth 8A this year,” he told reporters after the company AGM yesterday.

The expansion of berth 8A or container terminal 3 is part of Northport’s RM585mil five-year expansion plan announced in 2008. The project was postponed due to the global economic meltdown.

Ahmad Sarji said works on berth 8A would commence in two months for completion in about 18 months.

“The capital expenditure (capex) on the project has been revised where the cost will be determined by tendered price.

“Northport will continue to be prudent. We only expand to commensurate the business that we have and to retain our customers,” he said, adding that Northport’s 30-year lease agreement would expire in 2013 and it was doing the necessary to renew the lease.

Northport managing director and chief executive officer Datuk Basheer Hassan Abdul Kader said the revised capex on berth 8A was line with the drop in raw materials prices and construction cost.

He also forecast closing the port’s first quarter this year with a 24% year-on-year volume increase.

“But, it must be noted that the previous corresponding period was the worst quarter that the port recorded last year in tandem with the global economic downturn,” he said.

On NCB’s other business in container haulage and logistics via Kontena Nasional Bhd (KN), Ahmad Sarji said the company now was on the fast track to fully utilise its sizeable assets in an effort to move into third-party logistics (3PL) business.

“The move into 3PL is considered a natural progression for a haulage company like KN. Besides our prime movers, we also have over three million sq ft of open yard and 500,000 sq ft covered warehouse.

“About 50% to 60% of our 3PL customers last year were our current haulage customers,” he said.

NCB recorded a 12.1% drop in total revenue to RM831.4mil in its last financial year ended Dec 31.

However, its pre-tax profit was 2.3% higher at RM167.9mil.

NCB has also declared final and special dividend of 21 sen per share.

Northport recorded a pre-tax profit of RM148mil on revenue of RM611.9mil last year.

Meanwhile, KN posted a pre-tax profit of RM9.7mil and revenue of RM219.5mil for the year under review.

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Northport may delay wharf-upgrading work

Posted on 16 February 2009. Tags: Adequate Facilities, Basheer, Berth, Chief Executive Officer, Consultations, Economic Slowdown, Expansion Plans, Hassan, Last Tuesday, Managing Director, Port Klang Authority, Ports, Recession, Rm500, Wharfs

NORTHPORT is considering to delay the upgrading of one of its wharfs due to the economic slowdown.

“I understand that Northport is considering holding back the upgrade but whether they should hold it or not is another question,” Port Klang Authority general manager Lim Thean Shiang said during a briefing in Port Klang last Tuesday.

He said certain developments were necessary to cater to continued growth even though there may not be an immediately need for it.

“During recession one can only position oneself to be ready for the up and coming growth cycle, and if we do not have the adequate facilities available, how do we capitalise on such opportunities?” Lim said.

He said Port Klang would monitor the situation and hold consultations with ports on issues involving the development of the ports.

Northport managing director and chief executive officer Datuk Basheer Hassan Abdul Kader was quoted as saying in November last year that it would keep its RM500 million expansion plans on track.

The plan includes the development of a 350m container berth, bringing the container quayline at the port to a total of 3.4km.

By : btimes.com.my

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