NORTHPORT BREAKS CONTAINER AND CONVENTIONAL CARGO HANDLING RECORD AGAIN

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PORT KLANG, 7 August 2024 – Northport (Malaysia) Bhd (“Northport”), a member of MMC Group, has achieved an unprecedented double success by breaking monthly records in both its container and conventional cargo business segments in July 2024.

Northport handled its highest ever monthly container throughput of 354,548 TEUs (Twentyfoot Equivalent Units), surpassing the previous record of 335,361 TEUs set just two months ago in May 2024. Meanwhile, its conventional cargo business segment also recorded its highest monthly performance, handling 1,143,318 FWTs (Freight Weight Tonnes), surpassing the previous record of 1,129,145 FWTs set in October 2023.

“Our continued success in breaking our records demonstrates Northport’s resilience and adaptability in the face of global challenges. The ongoing geopolitical situations continue to impact international trade routes, and we have effectively positioned ourselves as a reliable alternative for shipping lines,” said Dato’ Azman Shah Mohd Yusof, Chief Executive Officer of Northport.

The record-breaking performance in July can be attributed to several factors, including an increase in ad-hoc vessel calls, with Northport handling a total of 159 ad-hoc calls this year. The introduction of new shipping services in recent months and consistently high productivity resulting from improved infrastructure investments have further contributed to the higher container and cargo handling.

For the first seven months of 2024, Northport handled a total of 2,076,148 TEUs of containers, marking a significant increase of 16.1% compared to the same period last year. In the conventional cargo business segment, Northport handled 7,029,007 FWTs year-todate, representing a 10.1% growth compared to the same period in 2023. These achievements have put the company on a strong trajectory to potentially surpass its all-time high annual container handling record of 3,324,364 TEUs set in 2021 and the highest conventional cargo handling record of 11,405,312 FWTs set in 2023.

“These latest milestones are a testament to the hard work and dedication of our entire team, as well as the continued trust and support from our partners and customers. As we move forward, we remain committed to enhancing our capabilities and services to meet the evolving needs of the shipping industry,” Dato’ Azman added.

Northport continues to play a vital role in Malaysia’s maritime sector, consistently demonstrating its ability to adapt to global trade dynamics and maintain high standards of operational excellence. The company remains focused on sustainable growth and innovation as it navigates the challenges and opportunities in the second half of 2024.

Photo caption: Container operations at Northport. For the first seven months of 2024, Northport handled a total of 2,076,148 TEUs of containers, marking a significant increase of 16.1 percent compared to the same period last year.

Photo caption: Conventional cargo operations at Northport. In July 2024, Northport recorded its highest monthly performance of conventional cargo, handling 1,143,318 FWTs (Freight Weight Tonnes), surpassing the previous record of 1,129,145 FWTs set in October 2023.

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ABOUT KONTENA NASIONAL BERHAD

Kontena Nasional Berhad (KNB) is Malaysia’s premier logistics company with 50 years of experience in logistics operations. KNB began operations in 1971 when containerisation was introduced to the country.

Since its inception, it has expanded its business from just container haulage to international freight forwarding, warehousing, distribution, supply chain solutions, cold chain solution and Halal logistics.

Today, KNB is one of Malaysia’s largest one-stop logistics companies providing comprehensive logistics solutions customised to customer’s requirements.

For more information, please log on to www.kn.com.my.


ABOUT MMC CORPORATION BERHAD

MMC Corporation Berhad (“MMC”) is a leading utilities and infrastructure group with diversified businesses in Malaysia and abroad under four divisions, namely Ports and Logistics, Energy and Utilities, Engineering and Industrial Development. Its key businesses under the Ports and Logistics Division includes the port operations of Pelabuhan Tanjung Pelepas Sdn Bhd, Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd, Tanjung Bruas Port Sdn Bhd and Kontena Nasional Berhad, a logistics provider. Internationally, MMC has presence in Saudi Arabia via Red Sea Gateway Terminal Company Limited, a container port terminal within the Jeddah Islamic Port.

Under the Energy and Utilities Division, Malakoff Corporation Berhad is the largest Independent Power Producer in Malaysia and its subsidiary, Alam Flora Sdn Bhd is one of the leading environmental management companies in the country. Under Gas Malaysia Berhad, MMC is the supplier of reticulated natural gas in Peninsular Malaysia operating and maintaining 2,600 kilometres of Natural Gas Distribution System network. Through Aliran Ihsan Resources Berhad, MMC provides full-fledge water services using high technology treatment in Malaysia.

MMC’s Engineering Division has played a leading role on the elevated section as well as the main contractor for the underground work package for the 51-kilometre Klang Valley Mass Rapid Transit (“KVMRT”) Kajang Line including 9.5 kilometres underground works. Currently, MMC is the main turnkey contractor for the entire 52.2 kilometres KVMRT Putrajaya Line. MMC has also successfully completed the 329-kilometre Ipoh-Padang Besar Electrified Double Tracking Project as well as the innovative Stormwater Management and Road Tunnel (“SMART”) motorway, the first of its kind, dual-purpose tunnel in the world.

MMC is currently in the final stage of completing the Langat Centralised Sewerage Treatment Plant which will serve 920,000 Population Equivalent and Langat 2 Water Treatment Plant which will supply 1,130 million litres of treated water per day.

MMC’s Industrial Development Division develops and manages approximately 5,000 acres of industrial developments namely Senai Airport City (“SAC”) and Tanjung Bin Industrial Park (“TBIP”) in Iskandar Malaysia, Johor and Northern Technocity (“NTC”) in Kulim Kedah. The SAC, TBIP and NTC developments come under the ambit of MMC’s Industrial Development Division, operating under three companies namely Senai Airport City Sdn Bhd, Seaport Worldwide Sdn Bhd and Northern Technocity Sdn Bhd.

In other business, through Senai Airport Terminal Services Sdn Bhd, MMC is the operator of Senai International Airport in Johor Bahru – the southern aviation hub and an important gateway to Iskandar Malaysia and Kerteh Airport in Terengganu.

Enquiries

Please log on to www.mmc.com.my or call:

Nor Sazlenna Johan, Executive Corporate Communications, Kontena Nasional Berhad, tel: +6018 201 2286 / +603 7876 1933, email: noor.sazlenna@kn.com.my

Azlina Ashar, Head of Group Corporate Communications, MMC Corporation Berhad, tel: +6019 6688 990 / +603 2071 1124, email: azlina.ashar@mmc.com.my