PTP to invest in new berths and equipment

Explaining the rationale behind the investment, PTP’s Chairman Datuk Mohd Sidik Shaik Osman said that with shipping lines continuing to build larger vessels to achieve economies of scale, ports need to deploy bigger capacity cranes.

For example, Evergreen is building 10 mega-sized vessels with a 13,800 teu load capacity: another example is Maersk Line which is currently building 20 mega-sized Maersk Triple-E vessels that will be bigger than the largest container vessels afloat today.

No cranes used in the world today will be able to handle these vessels as they are not big enough and as a result, PTP along with six other ports (Felixstowe, Bremerhaven, Rotterdam, Yantian, Shanghai and Ningbo) selected by Maersk Line for its ‘Daily Maersk’ programme, needs to acquire new cranes to handle these vessels.