Overall volume for Q1 2020 at
The Port of Tanjung Pelepas (PTP) has announced that overall volume for Q1 2020 was “beyond expectations”, largely due to the contribution of transhipment cargo.
PTP also announced that it will be investing in additional equipment as well as reassessing the current footprint envisaged to increase its terminal handling capacity and capabilities. This includes the procurement of 10 additional full electrical twin lift rubber-tyred gantry (RTG) cranes which were safely delivered to PTP in May 2020 and the arrival of four new ship-to-shore (STS) super post-Panamax quay cranes in June 2020.
The super post-Panamax cranes, able to handle the biggest vessels in the market, are part of an order by PTP for eight cranes last year to enable the port to create a new full capacity berth to receive these mega vessels. The remaining four quay cranes are expected to arrive by July 2020.This acquisition will also complement PTP’s earlier upgrading of its berths and channel dredging, which had deepened the draft to 18.0 m, going to 18.5 m by end of 2020.
Marco Neelsen, CEO of PTP, said: “We are expanding our free zone land as we foresee the interest and growth in our free zone will remain strong.
“This will deliver leasable land primarily targeting regional distribution centre (RDC) set-ups to Multinational Corporations (MNC) and global manufacturers.”
The port handled 9.1m teu last year, seeing volume growth for transhipment and local cargo, while the PTP Free Zone, which is part of the terminal ecosystem, recorded a 15% jump in volumes.
Over the years, PTP has benefited from its location in the middle of the East-West trade lanes, while forming partnerships with the 2M Alliance and the Ocean Alliance.
“The partnerships have boosted PTP’s business growth and strengthened existing relationships with shipping companies as well as secured future cargo volume,” said Neelsen.