Port of Tanjung Pelepas (PTP), a joint venture between Malaysia’s MMC Group and Netherlands’ APM Terminals, has successfully issued its inaugural Green Sukuk valued at RM500 million. The sukuk is split equally into three- and five-year tenors.
Funding Expansion and Sustainability
PTP Chairman Tan Sri Che Khalib Mohamad Noh said the proceeds will fund capacity expansion to meet growing export, import, and transshipment demand. The terminal aims to reach 15.9 million TEUs annually in the coming years, supporting Malaysia’s maritime ambitions.
Strong Market Demand
PTP CEO Mark Hardiman highlighted that the sukuk was heavily oversubscribed, reflecting strong investor confidence in PTP’s operational excellence and sustainability efforts.
25 Years of Excellence
Hardiman noted that the issuance coincides with PTP’s 25th anniversary, symbolizing the integration of environmental integrity, financial discipline, and innovation.
Operational Achievements
Alphaliner recently ranked PTP as the world’s fastest-growing port, with +15.4% growth in the first half of 2025. The terminal handled over 1.2 million TEUs monthly from April to June 2025 without congestion and achieved more than 15,000 moves in a single 12-hour shift, demonstrating operational precision and efficiency.
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