Saturday, January 8, 2011

Cambodian port foresees positive 2011

Phnom Penh Autonomous Port
7th January 2011
PortWorld

The total amount of goods shipped through the Phnom Penh Autonomous Port in Cambodia increased 44% in 2010, according to a local media source.

Port authorities stated that it plans to improve upon this by a further 20% in 2011.

According to port statistics, 62,256 twenty-foot equivalent units (TEUs) were shipped through the port last year.

Port director Hei Bavy told local media that the port plans to ship approximately 75,000 TEUs of freight in 2011.

The 2010 increase was partly due to eased shipping requirements between Cambodia and Vietnam, he said.


“We received more shipments last year because both governments worked to facilitate access for ships,” stated Bavy.

He added that the ports location near to production and construction sites had worked in its favour.

Cambodia and Vietnam agreed to collaborate more extensively on shipping goods via water in a memorandum of understanding (MoU) signed by representatives of both countries in late 2009.

Under the terms of the MoU, ships from Cambodia have direct access to Vietnam’s Cai Mep deep water port, while Vietnamese ships can access Phnom Penh Autonomous Port.

Currently, the port receives shipments such as raw materials for the garment sector, construction materials, and fuels.

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