NORTHPORT HITS ANOTHER RECORD-BREAKING PERFORMANCE IN CONVENTIONAL CARGO SEGMENT

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PORT KLANG, 4 January 2024 – Northport (Malaysia) Bhd (“Northport”), a member of MMC Group, set a new milestone by handling 11,405,312 Freight Weight Tonnes (“FWTs”) of conventional cargo in 2023. This record-breaking achievement surpassed its previous high of 11,115,670 FWTs recorded in 2022. Dato’ Azman Shah Mohd Yusof, Chief Executive Officer of Northport, announced the new record achievement during its New Year 2024 countdown event at Wharf 8A, Northport on 31st December 2023.

“As we bid farewell to 2023, our conventional cargo segment concluded the year on a high note, surpassing our record set in 2022 by 2.6%,” said Dato’ Azman.

The record-breaking achievement for Northport’s conventional cargo was driven by the significant increase in break bulk commodities, which registered a growth of 9.5% compared to the previous year as well as increases in the dry bulk and liquid bulk segments. In the Roll-on Roll-off (“RoRo”) segment, the company also witnessed a significant increase in the handling of Electric Vehicle (“EV”) cars in 2023, resulting from the Government’s policies of promoting electric vehicles.

Northport’s success in 2023 came in spite tough challenges as the world experienced slow economic recovery from major trading countries and the global trade uncertainty, especially during the first half of the year. As for conventional cargo operations, the company faced additional challenges during the rainy season especially in the last quarter of the year. It should be noted that conventional cargo operations are typically halted during rainfall, which made the record-breaking accomplishment an even more remarkable achievement.

“Northport also recorded the highest ever monthly conventional throughput in the month of October by clocking 1,129,145 FWTs, surpassing its previous best of 1,078,538 FWTs set in May 2022. What we lack in terms of land area, we made up for it through higher productivity and process improvements. This success holds special significance for Page 2 of 4 Northport, particularly as it coincided with the celebration of the 60th anniversary of port operations at the North Port terminal on 27th December 2023,” Dato’ Azman added.

“I would like to express my heartfelt gratitude to each and every one of our dedicated employees, whose unwavering commitment and hard work have been the driving force behind our success. We also extend our sincere appreciation to our customers, contractors and stakeholders for their significant support, making 2023 yet another successful year for Northport. This back-to-back record-breaking achievement will continue to inspire and drive us towards even greater successes for Northport,” concluded Dato’ Azman.

Photo caption: Northport employees celebrating the record-breaking achievement for its conventional cargo business segment during the New Year 2024 celebration event at Northport’s Wharf 8A on 31st December 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