PORT OF TANJUNG PELEPAS ACHIEVES YET ANOTHER NEW THROUGHPUT RECORD

FOR IMMEDIATE RELEASE

PTP INKS AGREEMENT WITH MITSUI E&S CO., LTD. TO PROCURE 48 SINGLE-LIFT ELECTRIC RUBBER TYRE GANTRY (E-RTG) CRANES

Kontena Nasional Berhad received 30 units of Volvo’s FM440 6×2 T RAS prime movers from Volvo Trucks Malaysia in a fleet expansion and modernisation move.

ISKANDAR PUTERI, 5 August 2024 – Port of Tanjung Pelepas (PTP), a joint venture between Malaysia-based MMC Group and Netherlands-based APM Terminals has set a new record by handling 1,115,181 twenty-foot equivalent units (TEUs) in a single month – all without experiencing any congestion.

This new record follows PTP’s previous high of 1,077,747 TEUs set in May of the same year. It not only makes PTP the first port in Malaysia to achieve this feat backto-back, but also reinforces PTP’s status as one of the leading maritime and transshipment hubs, both regionally and globally.

“Our ability to achieve this record-breaking performance without any congestion solidifies PTP’s role as an indispensable link in the global supply chains,” said Tan Sri Che Khalib Mohamad Noh, PTP Chairman, conveying his deep satisfaction with reaching this milestone despite the challenging global shipping environment.

“By seamlessly managing such substantial cargo volumes, we also demonstrate our capacity to consistently deliver exceptional service to our valued customers and partners, while contributing to Malaysia’s economic growth.”

Significant port congestion across different continents and regions has become a global issue, resulting in substantial delays in vessel schedules and serious disruptions to global supply chains. This has led to increased costs and inflationary pressures, affecting not only ocean container carriers and ports, but also end consumers. The congestion is primarily attributed to militant attacks on commercial vessels, known as the Red Sea Crisis, which has forced shipping liners to reroute ships via the longer route around Africa for safety.

“PTP’s pursuit of sustainable growth is demonstrated through our significant emphasis on port asset upgrades and infrastructure enhancements. These efforts align closely with our environmental, social and governance (ESG) agenda, safety policies, and digitalisation strategy. This approach has enabled PTP to navigate global congestion challenges effectively while allowing for continued improvements and expansions,” said Mark Hardiman, PTP Chief Executive Officer.

Mark Hardiman expressed immense pride in achieving this unprecedented operational milestone, surpassing all previous records.

“This achievement is particularly noteworthy in light of PTP’s sustained performance of handling over one million TEUs for three consecutive months since May this year.”

“Our journey has not been without its challenges, but it is precisely these trials that have shaped our resilience and determination. The foundation of our success lies in PTP’s unwavering focus on our people, technology and processes, with safety as our core value and our customers at the heart of everything we do.”

Mark Hardiman also shared his gratitude, stating, “None of this would be possible without the support of our customers, shareholders, and, most importantly, our dedicated staff who should take pride in what they have achieved.”

Recently, PTP was honoured as the winner of this year’s Industry Excellence Award (AKI) for the Services Sector in Category 4 and clinched the fifth British Malaysia Chamber of Commerce (BMCC) Business Excellence Award under the Outstanding ESG category. Additionally, PTP achieved the prestigious recognition of being ranked as the fifth most efficient container port in the world by The World Bank and S&P Global Market Intelligence in the latest Container Port Performance Index 2023.

Photo caption: This new record not only makes PTP the first port in Malaysia to achieve this feat back-to-back, but also reinforces PTP’s status as one of the leading maritime and transshipment hubs, both regionally and globally.

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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