[nazrey]

PENANG
Penang Port eyes 50,000 TEUs transhipment throughput for 2021
Bernama April 29, 2021 18:44 pm +08

BUTTERWORTH (April 29): 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 (TEU) 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 activity after the gazettement of NBCT as a FCZ.

Chief executive officer V Sasedharan said Penang Port would leverage the FCZ status to reach greater heights as it would enable the port to be one of the focal points for shipping and transhipment activities.

https://www.theedgemarkets.com/artic...hroughput-2021