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Wee: Ports operating efficiently amid pandemic Westports shares tumble on tariff hike delay CM: Melaka to focus on port development Bintulu Port eyes provision of bunkering services Penang Port allocates RM186mil capex for two years
 
interview with datuk seri dr wee ka siong in conjunction with 100 days in office. Thursday 11 June 2020
MOHD SAHAR MISNI/The Star

Wee: Ports operating efficiently amid pandemic

PETALING JAYA: Malaysian ports have been operating at high efficiency, staying competitive and active in the dynamic but challenging global environment, says Dr Wee Ka Siong (pic). The Transport Minister said the development and expansion of Malaysian economic events were closely connected to the maritime sector. “Investments, trade, human resource, structure and, in particular, port […]

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Westports shares tumble on tariff hike delay

PETALING JAYA: Shares of Malaysia’s largest port operator Westports Holdings Bhd fell, following news that the second phase of a tariff hike will be delayed for six months until March next year. Analysts said the development was a negative surprise for the market, which had priced in a stronger second half (H2’18) outlook for the […]

New CM Melaka 2018

CM: Melaka to focus on port development

MELAKA: The Malay Sultanate once thrived because of Melaka’s strategic position and well-known port, as such Chief Minister Adly Zahari (pic) is determined to restore the sector as a major economic contributor to the state. He said in making this a reality, Melaka has to plan the development of a sustainable port and the first […]

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Bintulu Port eyes provision of bunkering services

KUCHING: Bintulu Port Holdings Bhd (BPHB) plans to diversify into providing bunkering services at Bintulu Port for commercial vessels. The company has the Samalaju Industrial Port on the South China sea. According to group chief executive officer Datuk Mohammad Medan Abdullah, there is an increasing demand for bunkering services for vessels within Bintulu waters. He […]

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 […]

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

30 August 2014

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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Northport’s latest berth operational by November

25 August 2014

PORT KLANG: Upgrading work on Northport Bhd’s Wharf 16 is 56% complete and is on track to be fully operational by November this year, said NCB Holdings Bhd chairman, Tun Ahmad Sarji. He said Wharf 16 was one of Northport’s latest multi-purpose port facility which was undergoing upgrading work since March this year.NCB manages the […]

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‘Reclamation had no impact on Johor ports’

12 July 2014

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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APM 2014

Maritime Industry Sailing Out Of Turbulent Waters

03 March 2014

Movers and Shakers of the Maritime Industry to Gather at Asia Pacific Maritime 2014   Kuala Lumpur, 12 February 2014 – The maritime industry has gone through challenging times in recent years but analysts are optimistic that things are stabilising as it is now entering calmer waters with Asia expected to continue as the main […]

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Inai Kiara seeks to grow international footprint

28 August 2013

Inai Kiara Sdn Bhd, the fifth largest dredging company in the world, is set to expand its international footprint, particularly in Africa, Europe and South America. The company is currently negotiating with several potential clients, particularly in Brazil and Argentina, said Inai Kiara general manager for business development, Zulkefli Majid. “We have to really support […]

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Kuantan Port Expansion

Kuantan Port expansion to boost trade

27 August 2013

BILATERAL trade and investment with China will soon be given a shot in the arm with the expansion of Kuantan Port and as it adopts the Eastern Gateway name. Offering the most direct route between both countries, it also reduces sailing time to three days between Kuantan and southern China. East Coast Economic Region (ECER) […]

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Northport To Decide By Oct Financial Instrument To Raise RM1 Billion For Expansion

27 August 2013

Northport (M) Bhd will decide by October the financial instrument it will use to raise RM1 billion for its expansion, said Chief Executive Officer Abi Sofian Abdul Hamid. He said the company was looking at the options of raising the money via the stock market or Islamic bonds, sukuk amid the volatility of Bursa Malaysia […]

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Maritime Sector To Reap RM19 Billion Profit, Provide Over 55,000 Jobs In 2020, Says Najib

22 August 2013

The maritime sector is expected to achieve up to RM19 billion profit and provide over 55,000 jobs in 2020, Prime Minister Datuk Seri Najib Tun Razak said today. Najib said he was confident that the industry would thrust Malaysia as a nation that has the capabilities not only in the petroleum automotive industry but also […]

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PTP confident of double-digit growth next year

01 August 2013

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

28 July 2013

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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