PORT KLANG: Northport (Malaysia) Bhd, a member of MMC Group, set a new milestone by handling 11,405,312 freight weight tonnes (fwt) of conventional cargo in 2023.
This record-breaking achievement surpassed its previous high of 11,115,670 fwt recorded in 2022.
During its New Year 2024 countdown event at Wharf 8A, Northport on Dec 31, 2023, Northport CEO Datuk Azman Shah Mohd Yusof, said, “As we bid farewell to 2023, our conventional cargo segment concluded the year on a high note, surpassing our record set in 2022 by 2.6%,” he said.
The record-breaking achievement for Northport’s conventional cargo was driven by a significant increase in break bulk commodities, which registered growth of 9.5% compared with the previous year as well as increases in the dry bulk and liquid bulk segments. In the roll-on roll-off segment, the company also witnessed a significant increase in the handling of electric vehicles in 2023, resulting from the government’s policies of promoting electric vehicles.
“Northport also recorded the highest ever monthly conventional throughput in the month of October by clocking 1,129,145 fwt, surpassing its previous best of 1,078,538 fwt set in May 2022. What we lack in terms of land area, we made up for it through higher productivity and process improvements.
“This success holds special significance for Northport, particularly as it coincided with the celebration of the 60th anniversary of port operations at the North Port terminal on Dec 27, 2023,” Azman said, adding that the back-to-back record-breaking achievement will continue to inspire and drive them towards even greater successes for Northport.
Reference: https://thesun.my/business/northport-marks-record-breaking-feat-in-conventional-cargo-segment-IN11945278