Port of Southampton hosts two largest container vessels simultaneously
NewsThe Port of Southampton sees a historic moment with two massive container ships docked simultaneously, thanks to investments in infrastructure.
DP World and Sabah Ports partner to boost Sapangar Bay Container Port, aiming to double handling capacity by 2025, enhance efficiency, and elevate Sabah’s logistics network.
DP World and Malaysia’s Sabah Ports Sdn. Bhd today established a partnership to manage Sapangar Bay Container Port (SBCP).
The agreement was signed by Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World and Datuk Ng Kiat Min, Managing Director for Sabah Ports Sdn. Bhd.
With this partnership, DP World will support efforts to increase SBCP’s container handling capacity from 500,000 TEUs to 1.25 million TEU by 2025. Investments will also be made to optimise terminal workflows, accelerate digitalisation for greater operational efficiency, and increase the port’s connectivity.
This is a new milestone in the long-term collaboration between DP World and Sabah Ports. In 2019, the two parties signed an agreement to develop solutions to enhance SBCP’s competitiveness and drive cargo creation in Sabah’s hinterlands.
In the long run, the vision of the collaboration is to improve landside and seaside connectivity throughout Sabah, reduce transit costs and time, and raise performance standards across the state’s entire supply chain.
With projected enhancements to SBCP’s cold chain storage and transport capabilities, such agricultural products can be more seamlessly processed and exported to international markets, opening new avenues for growth.
Sabah Ports Sdn. Bhd is a fully owned subsidiary of the Malaysian publicly listed investment holding company, Suria Capital Holdings Bhd.
By subscribing you will have: