2024 | Quarter 3

MAIN EDITOR'S NOTE HIGHLIGHTS IN BUSINESS ENGAGEMENTS CORPORATE RESPONSIBILITY

PTP Expands Capacity with New Quay Cranes

PREVIOUS NEWS 30 SEP

On 30 September 2024, Port of Tanjung Pelepas, a member of MMC Group has taken another significant step in its expansion plans by signing an agreement with Sany Marine Heavy Industry Co Ltd for the purchase of four new quay cranes.


These new cranes will sustain and increase PTP's capacity, supporting its growth plan, adding to the port's current fleet of 58 quay cranes.


The signing ceremony took place at PTP, where PTP's Chief Executive Officer, Mark Hardiman, and Sany's Chief Executive Officer, Jeff Fu, inked and exchanged the agreement. The contract also included an option to purchase an additional four SPP quay cranes from Sany in the near future.


This agreement followed closely on the heels of PTP's procurements of 11 quay cranes earlier this year to bolster operational capabilities, in which six cranes were also purchased from Sany in February 2024.


The procurement of these state-of-the-art cranes marks a pivotal moment in PTP's continuous efforts to deliver premier port services, while reinforcing its standing as Malaysia's leading transshipment hub and a key player in the regional maritime industry.


The acquisition forms an essential part of PTP's broader strategy to modernise its equipment and maintain unparalleled operational efficiency.


This acquisition also forms an essential part of PTP's broader strategy to modernise its equipment and maintain unparalleled operational efficiency, allowing PTP to handle peak periods and heavy cargo volumes with greater efficiency, resulting in quicker vessel turnaround times and overall improved operations. This leads to smoother and more predictable outcomes for all stakeholders, while maintaining the highest safety standards

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