MALAYSIA's Port of Tanjung Pelepas (PTP) has hit a record eight million TEU mark this year and expects surpass 8.6 million TEU by the end of the year, says port CEO Glen Hilton.
"Passing this latest milestone further underlines our position as the leading container terminal in Malaysia," he said.
"We certainly could not have done this without the commitment and the dedication of our staff to provide fast and efficient service over the years. We are also thankful to the government and local authorities, customers and all of our stakeholders for their continuous support," said Mr Glen.
PTP has experienced steady growth since the port opened 15 years ago, when it first moved 400,000 TEU in 2000.
"The completion of our berth 13 and 14 in the second quarter of this year complete with new advanced equipment has increased PTP's capacity to 12.5 million TEU a year. We are expecting the container market to grow primarily on the back of global shipping access hence utilising our port capacity.
"Hitting nine million TEU mark is our target for 2015 and it will certainly create another great milestone for PTP," Mr Glen said.
"We are confident with strong organic growth from PTP's existing customers as well as volume from new customers will eventually increase our container volume over the next three to five years and thus enabling the port to continue becoming the catalyst to economic and social benefits to Johor state and the Iskandar Malaysia region," he said.
PORTS
16 December 2014 - 23:35
Port of Tanjung Pelepas hits 8 million TEU mark - and year isn't over yet
MALAYSIA's Port of Tanjung Pelepas (PTP) has hit a record eight million TEU mark this year and expects surpass 8.6 million TEU by the end of the year, says port CEO Glen Hilton.
PORTS
16 December 2014 - 23:35
Port of Tanjung Pelepas hits 8 million TEU mark - and year isn't over yet
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