PENANG: Bangladesh is keen to make the Penang port its sister port as part of efforts to enhance trade and relationships between the two nations, its Minister of Shipping, Shahjahan Khan, said. He said Bangladesh, a developing country, was keen to have a greater understanding of the operations of a modern port such as the […]
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Bangladesh keen to make Penang its sister port
Posted on 19 January 2010.
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Penang Port sets course towards higher productivity
Posted on 16 January 2010.
Terminal operator Penang Port Sdn Bhd (PPSB) plans to boost productivity this year, newly appointed chairman Datuk Seri Dr Hilmi Yahaya said yesterday. Although shipping companies and ports were hit hard by the global economic downturn, Penang Port’s volume rose 3 per cent in 2009. In a statement issued yesterday, Dr Hilmi said in 2009, […]
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NBCT handles more cargo
Posted on 30 November 2009.
The North Butterworth Container Terminal (NBCT) registered some 13% increase in the volume of cargo it handled in October. NBCT handled 94,570 twenty-foot equivalent units (TEUs) in October, compared with 83,103 TEUs in September. Penang Port Sdn Bhd general manager Obaid Mansor told StarBiz that the higher cargo volume was driven by goods from southern […]
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Penang Port invests RM1.1bil to upgrade facilities
Posted on 25 November 2009.
PENANG: Penang Port Sdn Bhd (PPSB), the port operator, has invested RM1.1 billion over the last five years to upgrade infrastructures at the port and Container Terminal as part of initiatives to pump-prime the state economy, Chief Minister Lim Guan Eng said on Wednesday. He said the huge investment had indirectly bolstered operations of the […]
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Penang port to have halal section
Posted on 25 September 2009.
PART of Penang Port will be turned into a halal section with halal concept facilities by mid-October. State Domestic Trade and Consumer Affairs Committee chairman Abdul Malik Abul Kassim said yesterday the Penang Port was discussing with a Syariah compliance logistics company plans to brand Penang as a halal port. “The Penang Port has already […]
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Penang Port gets EPU nod to split up ops
Posted on 25 September 2009.
By forming a new subsidiary to manage its ferry business, Penang Port can make strategic moves at turning around the unit, says its managing director The Economic Planning Unit (EPU) has given the much-awaited nod to terminal operator Penang Port Sdn Bhd (PPSB) to separate its loss-making ferry operations from its core port business, and […]
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Steady rise in sea and airfreight in Penang
Posted on 24 August 2009.
By DAVID TAN (thestar.com.my) GEORGE TOWN: The sea and airfreight business in Penang improved in the second quarter by about 12% and 20% respectively from the first quarter. For the second quarter, sea throughput rose to 163,985 twenty-feet equivalent units (TEUs) from 145,854 TEUs in the first quarter, while air cargo increased to 24,196 tonnes […]
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Penang Port returns fire at shipping lines
Posted on 22 June 2009.
Penang Port Sdn Bhd (PPSB) is throwing the ball back into the court of international shipping lines who have slammed the terminal operator for not penalising shippers that overload their cargo containers on a vessel. PPSB chief executive officer Datuk Ahmad Ibnihajar said it was based on the appeals made by shipping lines to allow […]
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Penang Port slammed over overweight containers
Posted on 15 June 2009.
International container shipping lines operating at Penang Port have slammed the terminal operator for not penalising shippers who overload their cargo containers on a vessel, saying it could lead to an accident. International Ship Owners’ Association of Malaysia (ISOA) secretary Fong Keng Lun said requests for enforcement have been sent to Penang Port Sdn Bhd […]
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Malaysia mulls financing options to deepen Penang Port
Posted on 08 June 2009.
Besides the private finance initiative model, the government may opt to use its own coffers for the project THE government is exploring the possibility of using a private finance initiative (PFI) model to deepen the north channel of Penang Port. Transport Minister Datuk Seri Ong Tee Keat said besides the PFI model, another alternative is […]
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