Page 18 - MMC Ports Newsletter - 2022 OCTOBER - DECEMBER_ISSUE - 4

18 MMC PORTS’ NEWSLETTER

ON THE HORIZON:

RIDING THE WAVE OF THE NEW YEAR

Overcoming the hurdles posed
by the Russia-Ukraine war and

continuous supply chain issues,
all MMC Ports have continued to
excel in their operations during
2022, reaching new throughput
milestones and implementing

operational innovations in
what was ultimately a fruitful,
yet challenging year.

Despite a satisfactory performance displayed
during 2022 however, MMC Ports and the global
port industry as a whole still face many challenges
ahead for 2023. Experts have predicted
cautiously in terms of the year’s tidings for
global trade, mainly due to lingering factors
from 2022 such as the continuation of the war,
lowered consumer spending caused by inflation,
and China’s COVID lockdown disruptions.

According to Kenanga Research, it is noted that
the World Trade Organisation produced a prudent
forecast for 2023, predicting around a 3.4% EMPOWERED FROM WITHIN
global trade growth rate, which may hamper
maritime trade prospects. In spite of a slower outlook for the year ahead globally,
all of MMC’s Ports and affiliates are well-equipped to
once again prevail over these challenges and continue
its overall upward trajectory due to their multi-cargo
capacities and ever-adaptable capabilities.

MMC Ports intend to build upon the positive momentum
from 2022, ever dedicated towards upgrading
capacities and existing infrastructure in anticipation of
handling ever-increasing demands for container storage.
In addition, MMC Ports are also looking towards
bolstering their operations through the implementation
of new digital innovations and eco-friendly equipment
for the year ahead.

Locally, the recent boom of domestic logistics and
eCommerce will also serve to empower Kontena
Nasional’s operations, which satisfies the demand for
distribution hubs and warehouses to enable just-in-time
delivery, reshoring and nearshoring efforts.