55 container ships scheduled to arrive at Yangon Port in March

A total of 55 container ships have been planned to enter Yangon Port in March 2023, according to Myanma Port Authority. This month, 10 ships run by Sealand Maersk Asia, seven by Samudera Shipping  Line, four each by Gold Star Line, SITC and MSC Line, three each by New Golden Sea (COSCO), PIL Line, RCL Line and X-Press Feeder, two each by BLPL Shipping  Line, CMA CGM Line, Ever Green Line, IAL Line, MTT Shipping Line and TI2 Container Line, and one by Land & Sea and VASI Shipping will enter Yangon Port.

Yangon Port saw the entry of 51 container ships in February and 52 in January 2023. Yangon Port handled a total of 620 container ships last year, according to Myanma Port Authority. The number of vessels entering Yangon Port stands at 49 in January 2022, 48 in February, 50 in March, 52 in April, 54 in May, 53 in June, 49 in July, 55 each in August and September, 50 in October, 51 in November and 54 in December respectively. From May 2021, the arrival of ships at terminals in Yangon has increased again.

To fulfil the seaborne trade requirements, three new container ships by Maersk Line Myanmar (SeaLand Maersk) started to run in 2021. Myanma Port Authority and Yangon inner terminals are providing services to ensure the fast and reliable cargo handling and withdrawal of the containers. Earlier, the larger ships had draft problems preventing their sailing on the Yangon River. The draft extension is up to 10 metres with the new navigation channel accessing the inner Yangon River and the international ocean liners can access the inner port for now.

Source: The Global New Light of Myanmar

MoA signed for wind power projects in Rakhine State

The Department of Electric Power Planning under the Ministry of Electric Power signed a Memorandum of
Agreement (MoA) on wind power projects to be launched in An, Gwa and Thandwe townships of Rakhine State with the Primus Advanced Technologies Limited, Asia Ecoenergy Development Limited and Yunnan Machinery and Equipment Import and Export Co Ltd in Nay Pyi Taw yesterday. The signing ceremony was attended by Union Minister for Electric Power U Thaung Han, Deputy Minister U Aye Kyaw, Chinese Ambassador to Myanmar Mr Chen Hai, Directors-General, Managing Directors and Departmental Heads of Union Minister’s Offices, departments and enterprises and other officials of the Primus Advanced Technologies Limited, Asia Ecoenergy Development Limited and Yunnan Machinery and Equipment
Import and Export Co Ltd.

First, Union Minister U Thaung Han said that energy security is an essential aspect for all people and there are limitations to energy resources. The agreement is made by Myanmar citizen-owned PRIMUS, Hong Kong- based AED and China’s YMEC for the An wind power project (150 MW), Gwa wind power project (100 MW) and Thandwe wind power project (110 MW). It also should follow the law, bylaws and procedures set by the Ministry of Natural Resources and Environmental Conservation not to affect the environment and society. Efforts should be made to generate power from three projects by 2025 and to start the construction for the first phase of the 50 MW Gwa project in December 2023.

Then, the Chinese ambassador talked about the benefits of projects between Myanmar which is rich in natural resources and China which is the largest electricity-generating country in the world, participation of China in the nationwide electrification project of Myanmar, a new step of China in establishing the very first wind power projects of Myanmar and possession of the world’s largest installed base of wind power capacity with 400 million kilowatt-hours. Then, Vice-President Mr Dong Fan of Yunnan Machinery and Equipment Import and Export Co Ltd (YMEC) reported on the project procedures. Afterwards, officials signed the MoA and exchanged them. The wind power projects in Rakhine will generate 360 MW and bring benefits to the region.

Source: The Global New Light of Myanmar