Port of Tanjung Pelepas registers 8% growth in 2020

The Port of Tanjung Pelepas (PTP) recorded strong growth of 8% last year, handling 9.8m teu as transhipment demand climbed despite global economic uncertainties and the health pandemic.

There was a surge in transhipment call volume due to increased demand in Asia and Europe while some customers also requested to increase their throughput via the port, which is a joint venture between Malaysia-based MMC Group and APM Terminals.

Marco Neelsen, CEO of PTP, said: “Despite some challenges during Q2 of FY2020, the second half of the year went very positive for PTP with an upsurge of volume due to the opening of countries’ borders and the reviving of the global trade economy for China, trans-Pacific and Europe regions.”