Tag Archive | "Container Vessel"

PTP confident of double-digit growth next year

SINGAPORE: Port of Tanjung Pelepas (PTP), Malaysia’s largest container terminal, is confident of double-digit growth next year despite a challenging economic environment.

“We are expanding under a three-year modernisation plan, which will be completed around May next year,” said chief executive officer Glen Hilton.

PTP is investing RM1.4 billion over three years in a modernisation plan designed to meet the docking requirements of mega-container vessels.

Hilton noted that PTP’s overall capacity, with the first 12 berths, amounted to 8.5 million twenty-foot equivalent units (TEUs).

“Last year, we did 7.7 million TEUs. The market fluctuates up and down but we know we can grow. We have the capacity. With the new berths next year, we expect to record double-digit growth. The future is bright,” he said after welcoming the world’s largest container vessel, the Tripple-E “Maersk Mc-Kinney Moller”, on Sunday.

“Although we are in tough economic times, we will continue to work well with our customers like Maersk Line to attain continued growth.”

The newly built vessel called at PTP, which serves as Maersk Line’s Southeast Asia Transhipment Hub, on its maiden voyage between Far East Asia and Europe.

Being in the transshipment market, Hilton said the majority of the business was from other countries.

“We are in a great position, given PTP’s location in the heart of Asean, which is a growth market.

“We see some impact (of the economic downturn) from countries like Japan and South Korea, but the growth is there,” he explained.

In terms of the local market, Hilton said: “We are seeing a little bit of growth here. We are expecting the market to grow primarily on the back of great global shipping access. This is one of the benefits for the people in Johor and for companies that are importing and exporting goods into Malaysia.

“This is because they have access to bigger ships and the biggest network in the world, right at their front door,” he said, adding that it was also good for the local economy.

When asked on competition, Hilton said: “We have been in the transhipment market and face competition from Singapore.

“We also have competition with Port Klang and another port, which is literally beside us,” he said.

However, he said competition is good.

Saying that each port has its own challenges, including PTP, Hilton said: “We are committed to being the most efficient port in the region and that is our goal and we are very focused on it.”

On new shipping lines, he said: “We always have shipping lines typically for the local market calling at PTP.” Bernama

Posted in JOHORComments Off on PTP confident of double-digit growth next year

westports

Westports container volume jumps

PORT KLANG: Container volume moving through Westports Malaysia Sdn Bhd rose by 15 per cent or 6.4 million twenty foot equivalent units (TEUs) last year, compared with 5.6 million TEUs in 2010.

In a statement, Westports said the better-than-expected container volume throughput comes from both transhipment and indigenous boxes, registering positive increases of 22 per cent and 13 per cent respectively.

The robust performance in 2011 has made Westports one of the fastest growing ports in the world.

“The port has been well-known to the shipping industry as one of world’s best productivity terminal operator in container handling.

“Barring unforeseen circumstances, we expect to see a strong growth trend in volumes moving forward albeit uncertainty in eurozone, we have set a target of seven million TEUs in 2012,” Westports chief executive officer Ruben Emir Gnanalingam said.

Ruben said expansion plan to further improve the port’s capacity is underway with the current development of expanding the existing 3,700m container terminal to 4,600m, making Westports Malaysia a 10-million-TEU handling capacity port within the next two years.

The new terminal is designed to handle 18,000-TEU capacity vessel, which will be the largest container vessel in the world come 2013.

He said the company’s investment in expansion works is to accommodate the needs of its customers as well as meeting the increasing demands of domestic and international trade.

by: Business Times

Posted in KELANGComments Off on Westports container volume jumps

Union likes standardised rates at Port Klang

PORT KLANG: The implementation of standardised rates for lashing and unlashing services at Port Klang will help attract more local workers and curb the unhealthy trend of undercutting by contractors, according to the Union of Employees of Port Ancillary Services Suppliers.

Its secretary, A. Balasubramaniam, said the new rate of RM4 per container came into effect last month.He said that in the past, contractors would undercut each other, charging RM3.20 per container, which was detrimental to workers as their salaries were based on the number of containers they handled each day.

Balasubramaniam, who is also Malaysian Trades Union Congress vice-president, said the low rates resulted in many locals leaving their jobs, which were filled by foreigners. Currently, there are about eight contractors and 700 workers, mostly Bangladesh and Myanmar nationals, involved in lashing and unlashing services at the port.

It takes around 25 workers about eight hours to lash and unlash a container vessel with 300 containers.

Posted in KELANGComments Off on Union likes standardised rates at Port Klang

‘PANSTAR V. PS001S’ MAIDEN VOYAGE TO SABAH

panstart

Panstar V. PS001S’s maiden voyage to Kota Kinabalu Port on 28th March 2006 was well receive by Sabah Ports Sdn. Bhd. (SPSB). This was the first direct call by a container vessel from the Far East to Sabah which marked the beginning of another milestone in the shipping fraternity that augurs well for Sabah Ports Sdn Bhd and Sabah as a whole.

The vessel which sails direct from Hong Kong will be servicing weekly calls to Kota Kinabalu thus facilitating the company, DMM Shipping Agency to foster Kota Kinabalu as the hub for containers bound for other regions of Sabah, This fits very well into SPSB’s plans of making Kota Kinabalu Port at present, and later Sapangar Bay Container Port, the shipping and transshipment hub of BIMP-EAGA and the region.

panstar2Sapangar  Bay Container Port, being built a cost of about RM400 million is scheduled to be operational in the first quarter of 2007. By then the container at Kota Kinabalu Port would be moved to Sapangar, leaving behind the non-container operations.

Sapangar Bay Container Port would have a 500 meters jetty with 12 meters depth alongside and two inner berths of 200 meters each. On shore facilities include a 15-hectare container yard and CFS, equipment. The annual throughput capacity is expected at 350,000 TEUs per annum.

By: Sabah Ports Sdn. Bhd.

Posted in SABAHComments Off on ‘PANSTAR V. PS001S’ MAIDEN VOYAGE TO SABAH


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