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Sabah Ports to pump in $77m to boost facilities

Sabah Ports to pump in $77m to boost facilities
Suria Capital Holdings' ports unit Sabah Ports will invest MYR229m ($77.2m) over the next two years to boost port facilities and equipment.

Suria Capital said in a stock market announcement that it had approved three new projects: a berth extension at Sandakan Port, jetty extension at Sapangar Bay Oil Terminal and the purchase of container and cargo-handling equipment for the ports.

These will provide better berthing facilities and forestall any congestion at Sandakan Port and Sapangar Bay Oil Terminal in anticipation of higher berth occupancy..

The company added that Sabah Ports would increase its container-handling equipment fleet at Sapangar Bay Container Port (SBCP), Sandakan Port and Tawau Port as well, including adding one more unit of ship-to-shore gantry crane at SBCP to the existing two units now at the port.

A new mobile harbour crane will also be purchased for Sandakan Port in addition to the existing unit which will further improve the loading and discharging of containers at the port. In addition, the three ports, along with Lahad Datu Port, will also be provided with additional transfer and yard container-handling equipment, which will be made available by the end of 2013.”