GEORGE TOWN: Despite being the final federal port in the peninsula to be accorded the free commercial zone (FCZ) status, without a doubt Penang Port S.
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North Butterworth Container Terminal transhipment throughput expected to hit 50,000 TEUs this year 29 Apr 2021 / 21:15 H. A view of North Butterworth Container Terminal. Penang Port has identified transhipment activity from the Bay of Bengal as one of the most lucrative opportunities. – Penang Port website pix
BUTTERWORTH: Penang Port Sdn Bhd expects the North Butterworth Container Terminal (NBCT) – which was gazetted as a free commercial zone (FCZ) effective Feb 1, 2021 – will achieve transhipment throughput of 50,000 twenty-foot equivalent units (TEUs) this year.
Transhipment, which is the shipment of goods or containers to an intermediate destination before being taken to another destination, would be one of the most impactful activities after the gazettement of NBCT as a FCZ.
BUTTERWORTH: Penang Port, the oldest and longest established port in the country, has received its first transhipment at the North Butterworth Container Terminal (NBCT).
Penang Port Commission (PPC) chairman Datuk Tan Teik Cheng said with the port gazetted as a Free Commercial Zone (FCZ) in February, it could now cater for value-added services such as high-tech warehousing to spearhead economic growth in the northern region.
“Penang Port serves as the primary gateway to the northern region of Malaysia and southern Thailand, serving the Strait of Malacca and Bay of Bengal.
“It will now leverage on the FCZ status to reach greater heights and receiving the first transhipment marks a new chapter for Penang Port Sdn Bhd, ” he said in his speech before witnessing the first transhipment being dropped off bt the Ever Chant vessel belonging to Evergreen Marine Corp at the port yesterday.
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