Page 8 - MMC Ports Newsletter - 2022 OCTOBER - DECEMBER_ISSUE - 4

8 MMC PORTS’ NEWSLETTER

FEATURE STORY:
THRIVING ALONG THE MALACCA STRAITS

PTP ACHIEVES NORTHPORT SETS

GROUNDBREAKING FEAT RECORD-BREAKING PERFORMANCE

Located at the confluence of the world’s international IN CARGO SEGMENT
shipping lanes which goes through the Malacca Northport set a new record for its conventional
Straits, PTP stands today as one of the busiest ports cargo business segment after surpassing 10 million
in Malaysia and among one of the top 15 global Freight Weight Tonnes (FWT) of throughput
busiest ports, with the port also becoming the first and ending the year recording 11,115,670 FWTs.
container terminal in the country to surpass 11 million This is the highest achievement of cargo handling
TEUs throughput volume in a year.
in a single year since the formation of Northport
Building upon the success of the prior year, through the merger of Klang Container Terminal
PTP achieved a historic milestone recently, being the Berhad and Klang Port Management Sdn Bhd in
first port in Malaysia to surpass one million TEUs 2000.
handling in a month.
Northport’s record-breaking performance
This was recorded on 31 July 2022, at approximately demonstrates its capability to continuously
11.45 pm during the loading process at MTT CEBU improve its productivity and expand all its business
vessel. The final monthly throughput volume was segments, amid continuing business challenges
1,001,819 TEUs. that have disrupted the global supply chain and
affected ports across the globe.

GAME-CHANGING FCZ STATUS
REVOLUTIONISING YAN THROUGH
FOR PENANG PORT
INTEGRATED DEVELOPMENT
Penang Port has been granted its Free Commercial
Zone (FCZ) status, making the port a free space to Being gazetted as federal port, Yan launched
carry out many commercial activities and other an integrated development project involving
value-added activities. the construction of Andaman Port’s ship-to-ship
liquefied natural gas (LNG) transfer hub,
This declaration is especially important, as Penang re-gasification terminal and a gas power plant,
Port’s strategic location would enable it to undertake all of which will be built off Yan, a sprawling
transhipment activities for containers that moves agricultural district of paddy fields along the
between Bay of Bengal and Far-East. coastline of Kedah.

The FCZ status will open up even more opportunities Through the expertise and technology possessed
for Penang Port, enabling the port to reach even by MMC, this project will provide basic
greater heights and innovations. infrastructures such as electricity and natural
gas supply for the Northern region, which is
important to present Kedah as an attractive
investment destination economically moving
forward.

Northport employees celebrating the record-breaking performance for its conventional cargo business segment after
surpassing 10,000,000 FWTs of cargo throughput on 13 December 2022 at Wharf 21, Northport.