PTP, Port of Melbourne to Advance Sustainability, innovation in Port Operations

KUALA LUMPUR, Oct 29 — The Port of Tanjung Pelepas (PTP) and Port of Melbourne have inked a memorandum of understanding (MoU) to foster bilateral cooperation focused on sustainability, innovation, and inclusivity in port operations.

Both ports stated in a joint statement today that the MoU outlines a shared commitment to advancing green and sustainable practices, promoting the decarbonisation of operational activities, and enhancing social responsibility and governance.

“The collaboration will be anchored in three key pillars, namely maritime emissions and port operations, alternative fuels, and social inclusiveness,” said the statement.

The MoU was exchanged between Australian Prime Minister Anthony Albanese and Malaysian Prime Minister Datuk Seri Anwar Ibrahim at the 47th ASEAN Summit yesterday.

Port of Melbourne chief executive officer (CEO) Saul Cannon said the MoU reflects their commitment to being a future-focused port and is proud to work alongside PTP to drive meaningful change in the maritime sector and support the decarbonisation of the global supply chain.

PTP CEO Mark Hardiman stated that decarbonising port operations and advancing collaboration can be achieved through shared frameworks, joint action, and mutual respect.

PTP is a 70:30 joint venture between utilities and infrastructure group MMC Corporation Bhd and Netherlands-based APM Terminals, a premier global ports group.

The partnership between Port of Melbourne and PTP began in June 2023, facilitated by the Australian Government’s Partnerships for Infrastructure (P4I) initiative through the Department of Foreign Affairs and Trade.

Malaysia remains a vital trading partner for the Port of Melbourne, ranking as the fourth largest source of container imports and the fifth largest export destination by container volume.