Page 3 - MMC Ports Newsletter-2023_APRIL-JUNE_ISSUE

2023 APRIL - JUNE ISSUE 3

Foreword

Welcome aboard to the fifth edition of
MMC Ports’ quarterly newsletter!

This issue covers the latest of MMC Ports’ activities as Recognising the key role our people play for both our
we surge through the middle of the year at a progressive present and future ahead, our main story “Nurturing
pace while meticulously carrying out mandates and Tomorrow’s Leaders: Talent Development Initiatives”
initiatives announced. focuses on recent talent development initiatives,
detailing each port’s efforts to upskill and develop all
Global performance metrics show that growth in their respective expertises.
momentum continued to improve during the first half
of 2023, driven by the continual reopening of China’s As outlined in detail in the ‘Around Our Ports’ sections,
services post-pandemic as well as lowered energy this fruitful period has also seen multiple ports achieve
prices. However, sticky inflation and residual effects of various milestones and awards through their steadfast
previous monetary policy indicate a slower start to the commitment towards excellence, notably with Northport
second half of the year compared to the previous six winning British Safety Council’s International Safety
months. Award and PTP being a finalist in BMCC’s Business
Excellence Award under the Outstanding ESG category.
Meanwhile, market demand for international maritime
trade involving the Asia Pacific region has generally Sailing towards the second half of the year,
stabilised, improving with expectations for a volume MMC Ports hopes to ride upon this positive wave of
increase during the summer and less overall waiting momentum, striding towards even more progressive
time across trades. innovations and milestones.

To adapt and position ourselves towards long-term With that, thank you for being a part of MMC Ports’
successes in the second half of 2023, all MMC year! Do read on for an exclusive overview of our
Ports have dedicated themselves to implementing progress and forecast to navigate the months ahead.
announced initiatives and cultivating further plans to
define a successful year, innovating towards achieving
sustainable success on all operational fronts through
the collective power of our people.