Container traffic at Malaysia’s leading container port increased
Container traffic at Malaysia’s leading container port increased 15% in 2011. The Port of Tanjung Pelepas (PTP) in Johor handled 7.5M TEU in 2011, representing an increase of 15% over 2010, outperforming the reported global volume growth of 7%.
“This sharp increase was driven by strong organic growth from existing customers as well as volume from new customers,” said Azlan Shahrim, Deputy CEO.
“Container volume from PTP’s main existing customers, Maersk Line and Evergreen, increased by 16% over the previous year. The port has also seen new shipping lines during the year, including Hanjin and STX Pan Ocean of Korea, Mitsui and K-Line of Japan and China Shipping.
“From just two shipping lines in our early days, we now have 26 shipping lines and container operators. This has vastly improved connectivity and frequency, and enables us to provide shippers better access to the global market.”
PTP is one of seven ports worldwide chosen by Maersk Line for its new “Daily Maersk” service, a daily service between the Far East and North Europe involving 70 vessels operating between four mega ports in Asia and three ports in Europe.
PTP is a joint venture between MMC Corporation (70%), a utilities and infrastructure group and Maersk affiliate APM Terminals (30%).
Source: World Cargo News