PTP posts strong growth for 2011

According to a company statement, the sharp increase was driven by strong organic growth from existing customers as well as volume from new customers, with PTP’s main existing customers, Maersk Line and Evergreen, increasing volumes by 16% over the previous year. PTP has also seen new shipping lines during the year, including Hanjin and STX Pan Ocean of Korea, Mitsui and K-Line of Japan and China Shipping.

Azlan Shahrim, Deputy CEO of PTP said, “From just two shipping lines in our early days, we now have 26 shipping lines and box operators. This has vastly improved connectivity and frequency, and enables us to provide shippers better access to the global market.”

PTP is also one of seven ports worldwide chosen by Maersk Line for its new “Daily Maersk” service, a daily service between the Far East and North Europe involving 70 vessels operating between four mega-ports in Asia and three ports in Europe. These ports were selected based on their ability to handle the world’s largest container vessels now on order, which will need deep drafts and modern equipment.