Page 22 - MMC Ports Newsletter-2023_APRIL-JUNE_ISSUE
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22 MMC PORTS’ NEWSLETTER
On the Horizon:
Charting Our Prospects for Q3 & Q4
PTP
PTP is continuing with its footprint optimisation
initiatives under the Ipsum Magna programme.
Updates on key initiatives are summarised as
below:
Quay crane fleet modernisation – fabrication
of three units replacement units is ongoing
by ZPMC, which is expected to be operational
by Q3 2023. This will further improve
operational efficiency and availability.
Rubber Tyred Gantry (RTG) crane fleet
modernisation and capacity enhancement
– a contract was signed with Mitsui E&S in
November 2022 for the supply of 35 full
electrical RTGs. The new units are a mixture
of replacement and capacity enhancement
RTGs. The delivery will be in batches
starting from Q2 2024 until Q2 2025.
At the same time, PTP has floated a new
tender for 48 units, which will be for
the replacement of a similar number of
existing RTGs. The award of this tender
Following a progressive and productive year thus far package is expected by Q3 2023.
for the port industry, the following half of the year will These RTG projects will further increase
see a slight slowdown in maritime and trade activities PTP’s yard operating capacity and allow
across the nation’s ports. This is mainly attributed to a the terminal to cater for the anticipated
increase in volume while providing flexibility
slower-than-expected box volume recovery in China and a to support the customer’s needs.
decreased demand for cargo. However, a general decline
in port congestion and the gradual reopening of market Electric Terminal Tractor – PTP has signed
segments throughout the year will also continue to yield a Memorandum of Understanding (MoU)
higher trade activity amongst Malaysian ports. with Terberg Tractors Malaysia in February
2023, for the Proof of Concept (POC) for
On MMC Ports’ end, Yan Port has shown its capabilities by the Electric Terminal Tractor (ETT). The POC
being the first major port in the northern Straits of Malacca is a three-month testing, allowing PTP to
to handle two very large crude carriers (VLCCs) within test and assess the ETT’s performance and
its limits, completed from 17 June 2023 to 18 June 2023. opportunities towards carbon reduction and
cost optimisation throughout regular port
With this achievement as a benchmark, MMC Ports operation.
envisions Yan Port as a key hub for petroleum and
gas cargo transfer operations moving forward into the year. Autonomous Terminal Tractor – PTP has
signed a MoU with Terberg Tractors
Several MMC ports, in particular Northport, Malaysia in February 2022, for the POC
anticipates a better second half of the year despite for the Autonomous Terminal Tractor.
external headwinds and global uncertainties. The positive PTP aims to explore if the solutions can
forecast is owed to the shifting global trade dynamics, deliver equal or improved productivity
the continuation of Malaysia’s positive trade performance and efficiency whilst continuing to
as well as operational improvements and investments maintain the highest safety requirements.
towards upgrading the ports’ infrastructure.
