New monthly record for Port of Tanjung Pelepas
NewsPTP set a new milestone for Malaysia by becoming the first port in the country to exceed 1.1 million TEU in monthly throughput, all without experiencing congestion.
Maersk takes PTP stake
As anticipated in last month’s issue of WorldCargo News (p6), Maersk Sealand has agreed to take a 30 per cent stake in Malaysia’s Port of Tanjung Pelepas (PTP) for an undisclosed sum as part of a move that will see the world’s largest container line shift its transhipment business, totalling about 1.8 mill TEU a year, from Singapore to TPT by the end of the year.
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