NCB, MMC Corp to explore potential synergy

KUALA LUMPUR: Port operators NCB Holdings Bhd and MMC Corporation Bhd are discussing a potential synergy between their ports and logistics business, NCB Group Managing Director Abi Sofian Abdul Hamid said. The discussions were still at the œexploration stage, he said, adding that there would be a clearer direction within a month. œCollaboration with other ports is one of the ways to achieve higher handling volume whereby we have a target of 3.3 million twenty-foot equivalent units (TEUs) this year from 2.58 million TEUs last year.

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