Press Release
The launch of Portek’s OneStop Website
The launch of Portek’s OneStop Website
19th November 2021
Portek is pleased to announce the launch of ‘Portek’s OneStop website’ (https://onestop.portek.com/) which is aimed at reaching out to and serving small and medium-sized terminal operators’ engineering needs.
For many years, Portek has pride itself as a one-stop engineering solutions provider to terminals around the world having undertaken numerous complex projects. With businesses in the maritime industry rapidly evolving, the new ‘Portek’s OneStop website’ is one of the several initiatives the company is undertaking to stay current and up to date.
The website will showcase Portek’s technical expertise, projects undertaken, and technical articles written by the company’s engineering team. The website is designed to be interactive with an intent to allow port professionals to participate, connect and interact on industry related community forum discussions. Customers can also expect their queries to be quickly answered through the live chat and contact us features.
Mr Liew Kok Leong, CTO of Portek commented “Portek is proud to create a OneStop website to share our experiences and solutions in addressing port engineering challenges in our work environment. We started this project wanting to help our existing clients to resolve its engineering problems and I am thrilled that it has revolved into an open platform for participation from our port community. OneStop encourages free, open exchange of port engineering know-how and solutions to ensure our port equipment operates safely.”
For enquiries, please email to enquiry@portek.com.
Portek Expands Its Terminal Operations Portfolio Through the Acquisition of Mitorient Holding Pte Ltd
Portek Expands Its Terminal Operations Portfolio Through the Acquisition of Mitorient Holding Pte Ltd
5th October 2021
Portek International Pte Ltd has expanded its portfolio of container and multipurpose terminals with the acquisition of 49% of the share capital of Mitorient Holding Pte Ltd (“MHPL”) which entitles Portek to be indirect shareholder of First Logistics Development Company (“FLDC”). FLDC owns and operates Vietnam International Container Terminal (“VICT”), the premier container port project in Ho Chi Minh City, Vietnam. VICT serves both domestic and international markets, handling approx. 600,000 TEUs annually.
Collaborating with established international port operator, CMA CGM Port Terminals (“CCPT”), and reputable Vietnamese logistics operator, Southern Water Transport Corporation (“SOWATCO”), Portek envisions a seamless transition for the acquisition.
FLDC currently owns a concession to operate VICT with 20 hectares of land and more than 650 metres quay, capable of serving approx. 600,000 TEUs annually. Portek will continue to collaborate with CCPT and SOWATCO to build on the current success of the terminal and provide better value to our customers through Portek’s knowledge, experience and solutions as well as Mitsui’s extensive logistics network.
VICT is Portek’s first venture in Vietnam, a fast-growing market in Southeast Asia. Acquisition of VICT would accelerate Portek’s growth strategy, providing an immediate expansion of logistics infrastructure and network in the regions in which VICT operates.
Mr Eiichi Uriu, CEO of Portek commented, “We are pleased to expand Portek’s terminal operations portfolio in Vietnam. We believe that VICT will continuously function to support economic growth in Vietnam, and Portek can contribute to VICT’s stable operation from various aspects through collaboration with CCPT and SOWATCO. Portek is very much keen to expand operation portfolios in both developing and developed countries all over the world by utilizing its expertise in port terminal operations as well as in port equipment engineering.”
About Portek International Pte Ltd
Headquartered in Singapore, Portek is a global medium-sized terminal operator and a one-stop solution provider of port equipment engineering, with offices in over 9 countries throughout Asia, Europe and Africa.
Portek is a subsidiary of Mitsui & Co., Ltd. of Japan, which is a veritable household name with about 140 years of history. Leveraging on Mitsui’s established global network, Portek is able to deliver enhanced knowledge and solutions in port business, as we combine Portek’s niche capabilities and “can-do” spirit with Mitsui’s resources.
For enquiries, please email to enquiry@portek.com.
Portek Breaking The One Million TEU Milestone In 2018
Portek Breaking The One Million TEU Milestone In 2018
23rd May 2019
Since Portek’s first foray into Port Operations in 1999, Portek International has expanded the portfolio over the years. In 2018, Portek had breached the One Million TEU mark, recording 1,033,995 TEU, or 54% higher than the volume it posted in 2017.
2018 was a year of robust growth for Portek’s terminals, especially in Bejaia Mediterrean Terminal (“BMT”), Riga Universal Terminal (“RUT”) and T009 Terminal. In addition, in 2018, PT. Dwipahasta Utamaduta (“DHU”), Portek’s latest acquisition in December 2017, was able to contribute immediately handling more than 360 thousand TEUs in the first full year of operation.
“Portek’s performance in 2018 is a good testament to our vision and values of being the preferred partner to ports throughout the world for capacity and productivity enhancement. We thank our customers, partners and local communities for this excellent accomplishment and we look forward to working even harder together with all stakeholders to bring Portek and our ports to greater heights.”, commented Portek Chief Marketing Officer (“CMO”) Mr Liew Kok Leong.
For enquiries, please email to enquiry@portek.com.
Portek Secures Major Contract With Port Of Tanjung Pelepas
Portek Secures Major Contract With Port Of Tanjung Pelepas
12th October 2018
Building on the success of recent major projects with Port of Tanjung Pelepas (“PTP”), Portek, through its Malaysian subsidiary, Portek Malaysia Sdn. Bhd (“PMSB”) has secured a new project for the refurbishment of a fleet of 35 Rubber Tyred Gantry (RTGs) cranes.
Signing ceremony on 8th October 2018 (left to right): Mr Tok Soon Chong, CEO of Portek Systems & Equipment Pte Ltd, Mr Yasutaka Suzuki, CEO of Portek Group, Mr Tang Kiah Loon, CEO of PMSB, Mr Marco Neelsen, CEO of PTP, Mr Chong Kok Siang, Project Manager and Mr Markus Nikolaas Nolet, PTP Head of Project Integration.
Site work is slated to commence in the 2nd Quarter of 2019 and is expected to be completed by the 2nd Quarter of 2020. This refurbishment contract is a multidisciplinary comprehensive refurbishment which includes structural, mechanical, electrical and electronics, as well as a wide range of safety and operational enhancements. This is the largest refurbishment project to date for Portek.
Since its establishment in 1988, Portek has accomplished numerous successful refurbishment projects with ports globally and has established itself as a leader in the Port Engineering sector. This major project reiterates Portek’s position as a leading one-stop port engineering solutions provider.
PTP, a joint venture between MMC Corporation Berhad (70%) and APM Terminals (30%) is currently ranked number 19 in the 2017 World Top Container Ports, handling total throughput of 8.4m TEUs in 2017. The mega terminal is Malaysia’s most advanced terminal and is equipped with 58 quay cranes and 163 RTGs. This refurbishment project will further improve PTP equipment efficiency and overall effectiveness of its operational productivity.
Mr Tok Soon Chong, CEO of Portek Systems & Equipment Pte Ltd commented: “This year marks Portek’s 30th anniversary and this project is a testament to our credential in this industry. We are very delighted and appreciative of PTP’s confidence in Portek and for awarding this major project to us. Our team is committed to providing our best to PTP and we look forward to this next phase of long term business partnership and growth with PTP.”
For enquiries, please email to enquiry@portek.com.
Appointment Of New Independent Director
Appointment Of New Independent Director
4th September 2018
Mr Teruo Wakahara has been appointed as independent director of Portek. He replaces Mr Atsushi Koga.
Independent Director Appointment:
Title | Representing | Previously | New | Effective Date |
Independent Director | Mitsui HQ | Atsushi Koga | Teruo Wakahara | 13th August 2018 |
More information about Portek’s Board of Directors at : https://www.portek.com/about-us/our-people.
For enquiries, please email to enquiry@portek.com.