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OCTOBER - DECEMBER ISSUE 2025             3




         FOREWORD









           Welcome Aboard to the Fifteenth Edition Of MMC Ports’ Quarterly Newsletter!



          In this issue, we will share the latest news on MMC Ports or MMC   Besides  performance,  sustainable  progress  remains
          Ports' companies as they capped off yet another progressive,   a key metric and priority for MMC Ports companies.
          productive, record-breaking year.                     During the quarter, Johor Port Berhad (Johor Port)
                                                                introduced a composting initiative, which diverts food
          Despite evolving value chains and moderate strides in Q3,   and garden waste within the Johor Port area and
          Q4 remained a turbulent period in terms of global trade   converts it into usable compost for port landscaping. This
          volumes, with the ongoing geopolitical  tensions, and market   complements  ongoing  improvements  in  housekeeping
          uncertainties negatively impacting countries during this period.   discipline, contractor  performance  governance,  and
          However, East Asia’s trade operations managed to maintain   staff engagement in sustainability practices. Penang
          their positive momentum throughout the year in spite of the   Port Sdn Bhd's (Penang Port) efforts throughout the year
          US-China trade war and global volatility, recording a robust 9%   have also paid off through two significant accolades at
          export growth over the past four quarters while intra-regional   the Green & Geopark Excellence Awards 2025 (GAGA),
          trade increased by 10%.                               those being the Green Organisation of the Year (ESG &
                                                                Innovation Excellence) and the Biodiversity Conservation
          Locally, the Malaysian economy experienced a remarkable   Award for its groundbreaking Mangrove Plant Project on
          surge from the first half of the year, especially with Q3’s GDP   22 November 2025.
          growth standing at 5.2% from 4.4% in the previous two quarters.
          This noteworthy growth is bolstered by strong domestic   With a successful 2026 in our sights, we are grateful to
          demand and an uptick in the electronic-goods related exports,   all readers, stakeholders and partners for the continued
          which include semiconductors and electronic components.  support  throughout  2025. It  is our  hope to  build upon
          In addition, export volumes also expanded by roughly 6.1% in   the year’s progress and use it to fuel our momentum and
          January-November 2025 as per Kenanga Research, but this   ambitions for the journey ahead.
          momentum was weighed down by weaker mining shipments,
          supply disruptions, and softer commodity prices.

          Reflecting on the past year, MMC Ports companies have
          continued to shine throughout the year in spite of the global
          challenges, achieving record-breaking figures with operational
          excellence, and delivery of infrastructure and equipment
          towards a brighter future. We have commemorated the year’s
          highlights and milestones in our feature story, “Navigating
          Forward: Celebrating Achievements & Setting Course for
          2026”.

          In line with this theme, the collective resilience of all Ports and
          their resolve for progress have made Q4 a period of notable
          strides and accomplishments. Notably, Pelabuhan Tanjung
          Pelepas Sdn Bhd (PTP) surpassed the 13 million Twenty-foot
          Equivalent Units (TEUs) milestone on 6 December 2025, and
          the 14 million TEUs milestone on 31 December 2025, making
          waves as the first Malaysian single terminal to achieve this
          record. Elsewhere, Northport (Malaysia) Bhd (Northport)
          recorded its highest-ever monthly container throughput of
          366,131 TEUs in October 2025, surpassing the previous record
          of 365,558 TEUs (set in August 2024), and closed 2025 with
          record-breaking annual throughput for both the container
          and conventional cargo segments. With Northport's logistical
          advantages and ultramodern facilities making a difference
          amidst today’s volatile markets, their capabilities have been
          highlighted in our second feature, “Northport: Gaining the
          Competitive Edge”.
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