KUCHING: Bintulu Port Holdings Berhad (BPHB) is not expected to be significantly affected by the new tariff measures recently introduced by the United States (US).
According to BPHB president and group chief executive officer, Ruslan Abdul Ghani, the company primarily exports products such as crude palm oil (CPO) to markets like India, China, and parts of Africa, with no direct dealings with the US.
“Hopefully, the impact on us will be minimal.
“However, it’s still early to make a full assessment, as there could be both direct and indirect effects. We’re currently evaluating the overall implications,” he told reporters after the 29th BPHB Annual General Meeting and ‘Berjarah Raya’ event held at a hotel here yesterday (April 21).
On revenue expectations for the year, Ruslan expressed optimism that the port would maintain—if not exceed — last year’s earnings, supported by new services and increased throughput.
“We’re anticipating a challenging year ahead, especially with ongoing market volatility and tariff concerns.
“Nonetheless, we’re hopeful. With additional throughput from green energy sources, the strong performance of Sarawak Petchem, and continued LNG support, we expect another productive year,” he added.
