Tag Archive | "Container Vessels"

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

Maersk Line’s World Largest Ship Makes A Maiden Call At PTP

Maersk Mc-Kinney Moller, the world’s largest container ship and the first Triple-E class vessel, made its maiden call today at the Port of Tanjung Pelepas (PTP) here.

The vessel was one of 20 ordered by Maersk Line from South Korea’s Daewoo Shipbuilding & Marine Engineering following the signing of the US$1.9 billion contract in February 2011.

The Triple-E (EEE — economies of scale, energy efficient and environmentally-improved vessel) has a capacity of 18,000 twenty-foot equivalent units (TEUs).

The ship, costing US$190 million, is 400 metres long, 59 metres wide and 73 metres high (in terms of draft). It is deployed on Maersk Line’s AE-10 (Asia-Europe) service.

Maersk Line’s Country Manager for Malaysia, Singapore and Brunei, Bjarne Foldager, said the company was excited to witness the maiden call of the vessel.

He said an additional four Triple-E vessels will be delivered this year and the remaining ships will be delivered in 2014 and 2015.

“Besides providing economies of scale due to its size, the Triple E vessel is also the most energy efficient ship in the world,” he told a media briefing here Sunday.

He said the ship’s innovative design and technological features will help reduce its carbon dioxide emissions by more than 50 per cent for every container it moved, compared to the industry average on the Asia-Europe trade.

PTP Chief Executive Officer, Glen Hilton, said the call by Maersk Mc-Kinney Moller was good news for the port.

“PTP is equipped to handle the Triple E vessels and is investing in new infrastructure and equipment specifically designed for the new generation of container vessels of 18,000 TEU and beyond,” he said.

On its maiden call at the Port of Tanjung Pelepas, Maersk Mc-Kinney Moller loaded 4,800 TEU.

The vessel will will leave PTP at noon time tomorrow for Northern Europe via the Suez Canal, with Rotterdam being the first European port that it calls at. BERNAMA

Posted in JOHORComments Off on Maersk Line’s World Largest Ship Makes A Maiden Call At PTP

Westports staff show their mettle as mega containership makes maiden call

One of the world’s largest containership, the 13,300-TEU CMA CGM Christophe Colomb, made its maiden call at Westports on November 22.

The vessel represents the biggest to arrive at Port Klang to date.

Although it was an ad hoc call, Westports Malaysia Sdn Bhd said its operations staff were fully prepared to meet the challenge, recording a gross crane productivity of 37 moves per hour.

“The arrival of Christophe Colomb proves the CMA CGM group’s confidence in the ability of Westports to handle mega-sized vessels. Our skillful workforce and state-of-the-art port facilities can handle the growing sizes of container vessels which are likely to make more calls at our port next year onwards,” Westports executive director Ruben Emir Gnanalingam said in a statement yesterday.

“Christophe Colomb also proves CMA CGM’s ability to move forward in the current economic context.

“This new giant is a strategic asset for the group (CMA CGM), while volume and freight rates on the Asia to Europe market are recovering. This modern vessel enables CMA CGM to meet its growing customer demand on this key market while ensuring economics of scale,” Ruben added.

The 365.5-metre long, 51.2-metre wide eco-friendly vessel is fully equipped with the latest technology, designed to optimise hydrodynamics and maximise propulsion. Use of an electronically controlled engine meanwhile helps reduce oil consumption by 25 per cent, resulting in a 2 to 4 per cent cut in greenhouse gas emissions.

In addition, Christophe Colomb is equipped with a fast oil recovery system, which enables bunkers to be rapidly recovered at any time, hence significantly limiting the environmental consequences should there be an incident at sea.

The Christophe Colomb is part of the FAL 7, a European service operated jointly by CMA CGM and Maersk.

By: btimes.com.my

Posted in KELANGComments Off on Westports staff show their mettle as mega containership makes maiden call

Penang Port invests RM1.1bil to upgrade facilities

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 port and the terminal, key revenue contributors to the state economy.

Continuous upgrading of infrastructures at the Penang Port and Container Terminal is to provide shipping companies and other port users user-friendly facilities, a crucial element to woo more shipping lines and container vessels to the port and the terminal, he told reporters after a briefing by the port management on Wednesday.

To realise Penang Port’s mission to provide world-class shipping services, Guan Eng said the port’s latest and efficient logistics would be the yardstick to increase the number of merchant ships and containers anchoring at the port.

The Chief Minister also called on the Federal Government to re-start the RM353 million project to deepen the North Channel at Penang Port to facilitate smooth sailing-in of container vessels.

“If the deepening work is not done in compliance with environmental requirements, it will harm plans to turn Penang into a green state,” he said.

He also hoped projects promised for Penang under the current Ninth Malaysia Plan but have not been implemented due to various reasons would be carried forward to the 10th Malaysia Plan. – Bernama

Posted in PULAU PINANGComments Off on Penang Port invests RM1.1bil to upgrade facilities


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