SINGAPORE/KUALALUMPUR:Global Infrastructure Partners (GIP) is in talks to buy up to a 49 per cent stake in MMC Port Holdings (MMC Ports) in a deal potentially valuing Malaysia’s biggest port operator at around RM30 billion, said two sources.

BUTTERWORTH: With free ferry rides and shuttle bus services available during Thaipusam, many devotees are expected to use public transport to reduce traffic congestion. Factory technician R. Suresh, 41, said the 50-hour free ferry rides would benefit not only the locals but those from other states as well.

PRIME Minister Datuk Seri Anwar Ibrahim is confident that Port of Tanjung Pelepas Sdn Bhd (PTP) will persist in propelling the growth of Malaysia's logistics and port sector.

KUALA LUMPUR (Jan 8): Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), which operates the Port of Tanjung Pelepas, has appointed Mark Hardiman as its new chief executive officer, effective from Jan 2. Hardiman is succeeding Marco Neelsen, who has stepped down from the role after seven years at the helm since 2016.

Northport (Malaysia) Bhd, a member of MMC Group, set a new milestone by handling 11,405,312 freight weight tonnes (fwt) of conventional cargo in 2023. This record-breaking achievement surpassed its previous high of 11,115,670 fwt recorded in 2022.

Port of Tanjung Pelepas (PTP), a joint venture between MMC Group and APM Terminals, has inked an agreement with Mitsui E&S Co Ltd to procure 48 electric rubber tyre gantry (e-RTG) cranes.

Johor Port Bhd, a member of MMC Group, together with a feeder consortium comprising Sea Navigator, MTT, Latitude and LKC, recently held a roadshow in Singapore on “Creating Pathways to the Indonesian Outport Business”.

Penang Port Sdn Bhd plans to charter one of its ferries to interested companies or individuals to generate a new income stream. Chief executive officer Datuk Sasedharan Vasudevan said the company sees huge potential in the move as it has received a lot of enquiries from interested parties to hold private events.

GEORGE TOWN: The Penang Port Commission (PPC) is beefing up security with state-of-the-art facial recognition technology at all entry points starting tomorrow. Visitors, customers, vendors and forwarders will now be identified via biometrics technology at all six PPC facilities, five of them in the mainland - North Butterworth Container Terminal, Butterworth Wharves, Prai Wharves, Prai Bulk Cargo Terminal and Vegetable Oil Tanker Pier.

Port of Tanjung Pelepas (PTP), a joint venture between Malaysian based MMC Group and Hague based APM Terminals has been named as the award winner of the UN Global Compact Network Malaysia & Brunei (UNGCMYB) Forward Faster Sustainability Awards 2023, under the main Enterprise Category: “The Forward Faster Sustainability Award – Gender Equality”. PTP was also recognised under the Recognition Categories: “Partnership for the Goals Recognition” and “Pioneer Sustainable Development Action Recognition”.