Page 27 - MMC Ports Newsletter-2023_Oct-Dec_ISSUE

2023 OCTOBER - DECEMBER ISSUE 27

PENANG PORT KONTENA NASIONAL

Penang Port’s growth is projected to increase by 6.9% The recent rise of omnichannel retail, which is the practice
to register 1.55 million TEUs in containerised and 3.5% of selling goods through multiple channels such as online
growth in non-containerised to record 6 million FWTs total and in-store, has generated current demand for warehouse
during 2024. This realistic forecast falls in line with the space to store goods and inventory handling. The increase
Malaysian Government's forecast of GDP growth to remain in demand for last-mile delivery requirements is also
above 4.0% for 2024 amidst steady expansion in domestic attributed to the shift in consumer buying and spending
demand and recovery in external trade. Additionally, online.
the local hinterland is also forecasted to grow in terms
of gateway volume strength, supporting the near-term Looking to upgrade its offerings and capabilities in line
container throughput growth amidst caution due to slower with this trend, Kontena Nasional is currently expanding
global economic growth in the fiscal year. through a brand-new warehouse in Pandamaran, Klang,
covering an area of 100,000 sq ft. The warehouse is
By attracting more industries and cargo types for the currently slated for launch in 2024.
upcoming year, Penang Port will ensure a stable and
sustainable source of revenue, further solidifying its In addition to that, Kontena Nasional has commissioned its
position as a leading port in the region. There will be a new ISO tank container depot in Johor, utilising Groninger
particular focus on China’s electric vehicle market and the compact cleaning system with a steam generator and two
upcycle rebound of South Thailand’s rubber, rubberwood rotor jets that can be used on four bays. This state-of-the-
and manufacturing products export volumes, especially art facility consists of its own water treatment and recycling
with the growth in empty container imports being plant which was built by MMC Engineering Sdn Bhd and
forecasted to fuel Southern Thailand’s consumption and Aliran Ihsan Resources Berhad, making its water usage
overall local hinterland demand. more sustainable.
With its focus on collaboration, market adaptability, and In terms of prospects, a positive growth trajectory in oil and
sector diversification, the port is well-positioned to meet gas business is expected to result in a promising revenue
the evolving needs of the maritime industry. Penang share in 2024, despite challenges such as inflation, supply
Port’s steadfast commitment to innovation and customer chain disruptions, and the ongoing war in Ukraine, which
satisfaction will continuously drive success and empower may potentially impact Kontena Nasional’s 2024 profit
the port to maintain a pivotal role in regional maritime margin.
affairs, shaping an exciting outlook ahead.

TANJUNG BRUAS PORT JOHOR PORT

Tanjung Bruas Port is poised to catalyse better outcomes Johor Port recorded the highest number of vessel calls
and accentuate growth in 2024 despite a challenging handled by its Marine Services in 2023 of 7,347 calls; a
economy exacerbated by geopolitical issues and a 12.6% year-on-year increase and the highest number
weakening Ringgit. This is achieved through venturing into ever since privatisation in 1993. The record was primarily
a new stream of business (Marine Services) as well as the attributed to the increase in the number of vessels at
anticipated increase in cargo handling volume backed by Terminals in Johor Port and Pengerang.
strong demands for Steel Coil and Float Glass in China.
This also includes the resumption of the Coal business The Marine Service is currently equipped with 11 tug boats
(320,000/mt per year) as well as the introduction of the of different bollard pull capacities and 48 experienced
first-ever Container Feeder service (Tanjung Bruas Port - Marine Pilots of different classes of license. Expansion
Port Klang - Tanjung Bruas Port). of these capacities is ongoing as Johor Port expects to
receive an additional two tug boats with 60-ton bollard pull
2024 will see Tanjung Bruas Port position itself for capacity and recruitment of additional four Marine Pilots by
expansion by acquiring 5.8 acres of adjacent land in first quarter of 2024.
belonging to the State. This will indirectly increase the
port's capacity and handling area for operations, as well Moving forward into 2024, Johor Port has outlined five
as improving capabilities to handle more cargo. On top main thrusts of its Business Strategy with all initiatives
of that, Tanjung Bruas Port will enhance its branding, in alignment with the current business environment and
marketing and advertising presence throughout Melaka stakeholder interest.
to fully unleash its potential as Melaka’s Premier Gateway
Port. The five main thrusts are:
• Revenue Improvement
• Service Improvement
• Capacity Expansion
• Business Expansion
• Environment, Social and Governance (ESG)