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PTP INKS PURCHASE AGREEMENT WITH SANY MARINE HEAVY INDUSTRY TO PROCURE SIX ULTRA LARGE CONTAINER VESSEL (ULCV) QUAY CRANES

February 28, 2024
PTP ULCV Photo
Photo caption: PTP inked an agreement with Sany Marine Heavy Industry Co. Ltd to procure six units of Ultra Large Container Vessel (ULCV) quay cranes. The agreement was signed during a ceremony held at PTP between PTP’s Chief Executive Officer, Mark Hardiman and Sany Marine’s Chief Executive Officer, Jeff Fu.

ISKANDAR PUTERI, 28 February 2024 – Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between the MMC Group and APM Terminals, inked an agreement with Sany Marine Heavy Industry Co. Ltd to procure six units of Ultra Large Container Vessel (ULCV) quay cranes.

The agreement was signed during a ceremony held at PTP between PTP’s Chief Executive Officer, Mark Hardiman and Sany Marine’s Chief Executive Officer, Jeff Fu on 23 February 2024.

PTP’s Chairman, Tan Sri Che Khalib Mohamad Noh, in a statement remarked, PTP is pleased to enter this strategic partnership with Sany Marine, a renowned leader in port equipment manufacturing.

“This acquisition of six ULCV quay cranes represents a pivotal step forward in our commitment to providing top-tier capabilities and services to our valued customers. These technologically advanced cranes will significantly enhance our ability to efficiently handle the ever-growing volume of containerised cargo, ensuring swift and seamless trade within the region.”

PTP’s Chief Executive Officer, Mark Hardiman reiterated the significance of the purchase within PTP’s broader equipment modernisation strategy, with the focus on efforts to expand capacity, upgrade and add equipment and facilities, as well as improve terminal efficiency and port-related activities to make PTP a trade and shipping hub in the region.

“Beyond boosting capacity, PTP also sees the purchase of these new ULCV quay cranes as an opportunity to advance its sustainability goals. These cranes are expected to contribute to a 45% emissions reduction by 2030, supporting PTP’s commitment to the Paris Agreement and efficient operations.”

“The ULCV quay cranes, boasting a lifting capacity of 65 tons each, will be specifically designed to handle the latest generation of ultra large container vessels.”

On behalf of Sany Marine, Jeff Fu conveyed Sany Marine’s appreciation for PTP’s trust and affirmed their commitment to a timely delivery of the equipment. He highlighted the company’s pride in partnering with PTP, emphasising Sany Marine’s dedication to delivering innovative and reliable port equipment solutions.

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.

SANY Heavy Industry is China’s largest and the world’s third-largest engineering machinery manufacturer.