AsiaPorts and Logistics

PTP to add 1m teu capacity

A leading Malaysian boxport is to spend $179m adding a further 1m teu in capacity.

The Port of Tanjung Pelepas (PTP), which handled 11.2m teu last year, is set to push its annual handling capacity to 12.5m teu by the middle of this year with the purchase of multiple cranes and a yard expansion project underway. A new berth aimed at smaller domestic liner activity is also under construction.

The port, which lies just across from Singapore, is 70% owned by NMC Group and 30% by APM Terminals.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
Back to top button