Johor Port and PETCO Trading Labuan Company Limited (PTLCL) Reach Notable Milestone Celebrating 100th LNG Bunkering Operation

Johor Port Berhad (Johor Port), a member of MMC Group, proudly celebrated a momentous achievement with the successful completion of its 100th LNG Bunkering Operation in collaboration with PETCO Trading Labuan Company Limited (PTLCL), a PETRONAS’ trading arm.

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Port of Tanjung Pelepas Sets New Shift Volume Records

Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between MMC Group and APM Terminals, secured another milestone when the terminal successfully sets a new shift volume record with 13,700 quayside moves in a single 12 hours shift, breaking its own previous shift record of 12,557 moves set in 2020.

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Stable Outlook for Penang Port IMTN

PPSB’s rating affirmations, including a strong operational track record, healthy cash flow and a long-term concession agreement expiring in March 2055, are considered to be counterbalanced by its moderate equity base and the throughput volume impact regarding the global economic slowdown and geopolitical events.

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