Wee: PTP shows great resilience amid challenging year

by TMR / pic source: ptp.com.my

TRANSPORT Minister Datuk Seri Wee Ka Siong welcomes Port of Tanjung Pelepas Sdn Bhd (PTP)’s proactive measures to enhance its global position in the global port standing amid competitive and challenging year.

Wee said in a speech last week that tremendous growth and accomplishments by PTP over the years underlined the value of the maritime sector to Malaysia’s economic wellbeing and the importance of trade to the nation.

“At the time when other ports around the world are still reeling from the impact caused by various business and operational issues due to the ongoing Covid-19 pandemic, rising freight costs, port congestions, vessel blockages, equipment and manpower shortages and many more, PTP has shown great resilience in navigating through these challenges,” Wee said.

PTP, a joint venture between Malaysian-based MMC Group and Hague-based APM Terminals, reached a new milestone by becoming the first container terminal in Malaysia to surpass 11 million 20-foot Equivalent Units (TEU) throughput volume in a year.

This achievement further strengthened PTP’s position as one of the top 15 global ports.

The milestone was recorded on Dec 25, 2021, at approximately 10am during the loading process at Maersk Amazon.

PTP also subsequently registered a total volume of 11.2 million TEUs at end of 2021, representing an increase of 14% growth in its yearly volume as compared to 9.8 million TEUs in 2020.

The final volume figure was revealed by Wee, together with Johor Mentri Besar, Datuk Hasni Mohammad during an event organised by PTP last Friday.

“I would like to also take this opportunity to thank PTP and Johor Port Authority for your readiness, proactive drive to quickly reduce the impact of Covid-19 pandemic, whilst ensuring the supply chain of trade in Malaysia remained tangible and efficient,” Wee added.

He further said that the ministry will continue to give all its support and commitment to PTP, to ensure it can achieve its mission and vision to be the preferred port of choice in the region.

PTP chairman Datuk Seri Che Khalib Mohd Noh underscored the mutual understanding and smart business collaboration that PTP has nurtured with its customers and stakeholders, especially in ensuring transparency in operations and business, which has cushioned both sides from the downside scenario and impact of such challenges.

“By being agile and adaptive to changes in the industry and global market, PTP continuously implemented various strategic improvement initiatives and asset empowerment programmes. In 2021 for example, we continued our effort to optimise our current terminal footprint via the upgrading of our equipment fleet and utilising yard capacity, optimisation of system, as well as empowering digitisation and automation efforts,” he said.

“With the increased demand from our customers and our growth prospect, our primary focus now is to optimise our terminal footprint up to 15 million TEUs in the coming years.”

Meanwhile, Jonathan Goldner, head of Asia region at APM Terminals commented, “On behalf of APM Terminals, I would like to recognise this truly impressive achievement in very challenging circumstances.

“APM Terminals looks forward to working with our joint venture partner, customer base and many important stakeholders to keep PTP at the forefront of the evolving needs of its customers.”