2024 | Quarter 4

MAIN EDITOR'S NOTE HIGHLIGHTS IN BUSINESS ENGAGEMENTS CORPORATE RESPONSIBILITY

Wan Hai and Interasia Achieve Two Million TEUs at Northport

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On 19 December 2024 Northport (Malaysia) Bhd (Northport), a member of MMC Group, celebrated a historic milestone as the Taiwan-based shipping lines, Wan Hai Lines (M) Sdn Bhd (Wan Hai) and Interasia Lines (M) Sdn Bhd (Interasia) successfully achieved a combined throughput of two million Twenty-Foot Equivalent Units (TEUs) in a single year at Northport.


"Wan Hai has recorded remarkable growth since achieving its one million TEUs milestone in 2015 at Northport. Meanwhile, Interasia has established a strong presence and is steadily increasing its market share at Northport. We extend our heartfelt congratulations to both Wan Hai and Interasia on this significant achievement of two million TEUs. This milestone reflects the growing strength and potential of Intra-Asia trade, and we remain steadfast in our commitment to supporting the expansion plans of our partners." said Dato' Azman Shah Mohd Yusof, Chief Executive Officer of MMC Port Holdings Sdn Bhd.


Wan Hai commenced its Singapore/Malaysia service at Northport (then known as Klang Container Terminal or KCT) in 1989 and has grown significantly ever since with now being Northport's biggest customer in terms of container throughput. Meanwhile, Interasia commenced operations at Northport with the introduction of its Indonesia/Malaysia Express service in 2006. Today, Interasia is one of Northport's top customers.


Wan Hai currently has 15 services calling at Northport, while Interasia has 11 services calling at Northport, with various partner groups including Wan Hai, KMTC Line (Malaysia) Sdn Bhd, Sinokor Malaysia Sdn Bhd, Unifeeder Malaysia Sdn Bhd, COSCO SHIPPING Lines (Malaysia) Sdn Bhd, BTL Shipping & Forwarding Sdn Bhd and Ocean Network Express (Malaysia) Sdn Bhd. From January to November 2024, Wan Hai and Interasia recorded throughput growth of 11% and 15%, respectively, at Northport compared to the same period in 2023.

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