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PTP INKS AGREEMENT WITH MITSUI E&S CO., LTD. TO PROCURE 48 SINGLE-LIFT ELECTRIC RUBBER TYRE GANTRY (E-RTG) CRANES

January 5, 2024
PTP INKS AGREEMENT WITH MITSUI E&S CO., LTD.
Photo caption: Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between the MMC Group and APM Terminals, inked an agreement with Mitsui E&S Co., Ltd. (Mitsui) to procure 48 electric rubber-tired gantry cranes. The agreement was signed during a ceremony held at PTP between PTP’s Chief Executive Officer, Marco Neelsen (five from left) and Mitsui’s General Manager of Sales Department, Logistics Systems Division, Atsufumi Takahashi (six from left).

On the 20th of December 2023, Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between the MMC Group and APM Terminals, inked an agreement with Mitsui E&S Co., Ltd. (Mitsui) to procure 48 electric rubber-tired gantry cranes.

The agreement was signed during a ceremony held at PTP between PTP’s Chief Executive Officer, Marco Neelsen and Mitsui’s General Manager of Sales Department, Logistics Systems Division, Atsufumi Takahashi.

Both parties conveyed their interest in establishing a long-term partnership covering equipment purchases, inventory management and after sales services.

PTP’s Chairman, Tan Sri Che Khalib Mohamad Noh remarked that the agreement signing reflects PTP’s strong commitment to expanding its capacity and capability to support their customers’ growth demands.

“PTP’s strategic approach to continuously enhance efficiency and optimize its footprint, has contributed tremendously to keeping the terminal’s advantages in an increasingly competitive global market.”

Marco Neelsen stated PTP is in the midst of executing a range of optimisation initiatives under its Ipsum Magna Program to sustainably upgrade and expand its terminal facilities by means of purchases and application of automation and digitisation.

“The new e-RTG cranes form part of our equipment modernisation strategy and are scheduled to be delivered by Q3 2025.”

“The purchase is in line with PTP’s sustainability drive towards decarbonisation, whereby PTP aims to reduce 45% of its emissions by 2030, in line with the Paris Agreement. 85% of our RTG fleet is electrified, an initiative we started in 2014, and we target to reach the full 100% by early 2024,” he added.

On behalf of Mitsui, Takahashi expressed his deepest gratitude to PTP for its unwavering collaboration and the order of 48 units, which are in addition to 35 units ordered in December 2022. Mitsui underlined its committed to handing over the e-RTGs on time as per agreed schedule.

“As a pioneer in crane manufacturing, Mitsui will keep providing high-quality products to support its customers’ port operating business”, he concluded.

Port of Tanjung Pelepas is Malaysia’s busiest transshipment hub with a capacity to handle 13 million TEUs (twenty-foot equivalent unit) annually. The port delivers reliable, efficient, and advanced services to major shipping lines and box operators, providing shippers in Malaysia and abroad extensive connectivity to the global market. PTP is currently ranked 15th among the world top container ports.

PTP INKS AGREEMENT WITH MITSUI E&S CO., LTD.
Photo caption: The new e-RTG cranes form part of our equipment modernisation strategy and are scheduled to be delivered by Q3 2025. The purchase is in line with PTP’s sustainability drive towards decarbonisation, whereby PTP aims to reduce 45% of its emissions by 2030.