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54 cargo ships to arrive at Yangon Port in May

According to Myanmar Port Authority, the shipping lines are increasing their services to facilitate exports and imports, and 54 cargo ships carrying many containers are to enter Yangon Port in May. A total of container ships from 12 shipping lines will arrive at Yangon Port.

The turnaround time at the Port was designated as approximately three days, under the guidance of the Myanmar Port Authority and the cooperation of the ocean liners, exporters and importers. Therefore, the arrival of the ships has increased again.

Myanmar Port Authority and Yangon inner terminals provide services to ensure the fast and reliable cargo handling and withdrawal of the containers for trade flow to return to normalcy. A total of 54 ships – 13 cargo ships run by Sealand Maersk Asia, seven by SITC Line, five each by New Golden Sea (COSCO) and Samudra Line, four by I.A.L Line, three each by C.S.L, Ever Green Line, Golden Star Line, MFSL Line, P.I.L Line and R.C.L Line and two by Land and Sea Line – will enter Yangon Port this month.

Source: The Global New Light of Myanmar

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Sixteen container ships to arrive in Yangon Port during Thingyan holidays

Sixteen container vessels will arrive from 9 to 17 April, the April Thingyan holidays, when the Myanma Port Authority and ports are providing services to expedite the import of containers by sea as soon as possible.

Supervised by the Myanmar Port Authority in cooperation with the shipping lines and importers, the service of container vessels is facilitated at the port of Yangon with an average turnaround time of three days, which has increased the number of shipments and handlings.

According to the Myanmar Port Authority, there will be 52 vessels from 14 shipping lines this month, and 16 container ships will call at 16 ports during the nine days of the Thingyan holiday.

Source: The Global New Light of Myanmar

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By March 2022, more than 40 vessels of international shipping lines are scheduled to enter Yangon ports, and more than 40 ships have already arrived

By March 2022, a total of 50 container vessels of international shipping lines are scheduled to enter Yangon ports, and more than 40 vessels have already arrived. In January and February 2022, a total of 97 container vessels from 13 international shipping lines entered Yangon ports, according to data released by the Myanmar Ports Authority. In January 2022, 49 container vessels of 13 shipping lines will be deployed at Yangon ports to increase imports to meet domestic demand. In February, 48 container vessels from 13 shipping lines arrived. According to data released by the Myanmar Ports Authority, it is planned to expand the services of various container carriers in order to increase open season exports and increase imports according to domestic demand.

More international container vessels and general cargo ships have arrived at Yangon ports since May 2021, handling more than 11,000 containers and 115,000 metric tons of general cargo, according to the Myanmar Ports Authority. Shipments and cargo handling have risen since May, handling more than 11,000 containers and 115,000 metric tons of general cargo. From June to the end of November, more than 40 container vessels entered the country. Maersk Line Myanmar (Sealand Maersk) has launched three new container vessels since 2021 to meet the needs of the maritime trade. The new ships launched by Maersk Line Myanmar are the Maersk Norberg, Maersk Narvik and Maersk Nesna. 

Of the three ships, the Maersk Norberg will dock at MITT and MIP ports, and the Launching Ceremony was held on June 10, 2021 at MIP Port. The three new vessels will have a capacity of 1,750 TEU 21,000 metric tons (9.5 meters in depth) and were built specifically for the Myanmar market. With the expansion of these new container vessels, there will be enough space & equipment for exports and shipments will not have to wait for a booking. The discovery of a new waterway on the Yangon River has allowed international vessels to enter and leave the port of Thilawa, which has been allowed to increase its restriction. According to a statement from the Myanmar Ports Authority, 152 ships carrying more than 30,000 tonnes entered Rangoon port and Thilawa port within five months of the new tide restrictions being extended due to the discovery of a new waterway on the Yangon River.

Source: Daily Eleven

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In January and February 2022, 97 container vessels of 13 international shipping lines entered Yangon ports and started port operations

In January and February 2022, a total of 97 container vessels from 13 international shipping lines entered Yangon ports, according to the Myanmar Ports Authority. In January 2022, 49 container vessels of 13 shipping lines will be deployed at Yangon ports to increase imports to meet domestic demand. In February, 48 container vessels from 13 shipping lines arrived. In order to increase open season exports and increase imports according to domestic demand, container loading

According to data released by the Myanmar Ports Authority, it is planned to extend the service of various shipping lines. More international container vessels and general cargo ships have arrived at Yangon ports since May 2021, handling more than 11,000 containers and 115,000 metric tons of general cargo, according to the Myanmar Ports Authority. Yangon Port is under the supervision and management of the Myanmar Ports Authority. Due to the cooperation of shipping lines and importers and exporters, container vessels can be serviced in May 2021 with an average turnaround time of three days.

Shipments and cargo handling have risen since May, handling more than 11,000 containers and 115,000 metric tons of general cargo. From June to the end of November, more than 40 container vessels entered the country. Maersk Line Myanmar (Sealand Maersk) has launched three new container vessels since 2021 to meet the needs of the maritime trade. The new ships launched by Maersk Line Myanmar are the Maersk Norberg, Maersk Narvik and Maersk Nesna. Of the three ships, the Maersk Norberg will dock at MITT and MIP ports, and the Launching Ceremony was held on June 10, 2021 at MIP Port.

The three new ships will have a displacement of 1,750 TEU 21,000 metric tons (9.5 meters). It was built specifically for the Myanmar market. With the expansion of these new container vessels, there will be enough space & equipment for exports and shipments will not have to wait for a booking. The discovery of a new waterway on the Yangon River has allowed international vessels to enter and leave the port of Thilawa, which has been allowed to increase its restriction. According to a statement from the Myanmar Ports Authority, 152 vessels carrying more than 30,000 tonnes entered Rangoon port and Thilawa port within five months of the new tide restrictions being extended due to the discovery of a new waterway on the Yangon River.

Source: Daily Eleven

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A total of 43 container vessels from international shipping lines are scheduled to enter Yangon ports by December 2021

By December 2021, a total of 43 container vessels from international shipping lines are scheduled to enter Yangon ports. A total of 42 container vessels entered Rangoon ports last November to increase imports to meet domestic demand. According to the Myanmar Ports Authority, a total of 43 container vessels are scheduled to be launched this December in order to increase open season exports and increase imports to meet domestic demand. More international container and general cargo ships have arrived at Rangoon ports since May, handling more than 11,000 containers and 115,000 metric tons of general cargo, according to the Myanmar Ports Authority.

Yangon Port is under the supervision and management of the Myanmar Ports Authority. Due to the cooperation of shipping lines and importers, container vessels were able to be serviced in May 2021 with an average turnaround time of three days. Shipments and cargo handling have risen since May, handling more than 11,000 containers and 115,000 metric tons of general cargo. From June to the end of November, more than 40 container vessels entered the country. Maersk Line Myanmar (Sealand Maersk) will launch three new container vessels to meet maritime trade needs. Maersk Line Myanmar will launch new vessels, the Maersk Norberg, Maersk Narvik and Maersk Nesna. Of the three ships, the Maersk Nesna will dock at MITT and MIP ports. The launching ceremony was held on June 10, 2021 at MIP port.

The three new vessels will be able to carry 1,750 TEC 21,000 metric tons (9.5 meters in depth) and were built specifically for the Myanmar market. With the expansion of these new container vessels, there will be enough space & equipment for shipments and shipments will not have to wait to be booked for shipments. The discovery of a new waterway on the Yangon River has allowed international vessels to enter and leave the port of Thilawa, which has been allowed to increase its water restrictions. According to a statement from the Myanmar Ports Authority, 152 ships carrying more than 30,000 tonnes entered Rangoon port and Thilawa port within five months of the new tide restrictions being extended due to the discovery of a new waterway on the Yangon River.

Source: Daily Eleven

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Over 152 larger ships above 30,000 DWT arrive Yangon, Thilawa ports in five months

Yangon inner terminals and outer Thilawa Port received over 152 larger ships of above 30,000 DWT (Deadweight tonnage) in the past five months (February-June) after the draft limit has extended up to 10 metres, and a new navigation channel developed accessing to inner Yangon River. Starting from May, more ships enter Yangon terminals which handled over 11,000 containers and 115,000 metric tons of general commodities, according to a statement of Myanma Port Authority. In June, 40 container ships docked at the terminals.

The draft extension is up to 10 metres, and the international ocean liners can access the inner port for now Myanmar Port Authority ensures smooth freight flow with non-stop operation during the public holidays (17-25 July). Earlier, the larger ships have draft problems preventing their sailing on the Yangon River. The draft was extended to 10 metres. The value of Myanmar’s maritime trade over the past nine months (1 October-9 July) of the current financial year 2020-2021 sank to US$14.29 billion, which plunged from $3.765 billion during the year-ago period, according to the Ministry of Commerce. While maritime exports were valued at $6.3 billion, imports had registered $7.7 billion.

Myanmar witnessed a slump in exports and imports triggered by the coronavirus pandemic. Both sea trade and border trade dropped amid the coronavirus impacts and the political changes. For maritime trade, disruption in the logistic sector and cargo shipping crisis triggered by the COVID-19 impacts battered the maritime trade somehow. Myanmar exports agricultural products, fishery products, minerals, livestock, forest products, finished industrial goods, and other products, while it imports capital goods, consumer goods, and raw industrial materials. The country currently has nine ports involved in sea trade. Yangon Port is the main gateway for Myanmar’s maritime trade. It includes the Yangon inner terminals and the outer Thilawa Port.

Source: The Global New Light of Myanmar

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During the public holidays, the Myanmar Port Authority and ports are providing non-stop operation services to ensure the smooth flow of cargo

During the public holidays, the Myanmar Ports Authority and ports are providing non-stop operations to ensure the smooth flow of cargo. Effectively prevent COVID-19 infections; Control During the nine-day public holiday from July 1 to 25, the Myanmar Ports Authority and ports will provide non-stop services to ensure the smooth operation of international trade and cargo flows, according to the Myanmar Ports Authority. In addition, the deployment of ships will take place on July 18 during the holidays. Delivery Order (DO) will be issued at the Agent Department on July 20 and 22, and if necessary, you can contact the relevant lines of the Agent Department.

To increase imports to meet domestic demand, a total of 37 container vessels will be added to each shipping line this month (July). According to data released by the Myanmar Ports Authority, it is planned to expand the services of various container carriers in order to increase open season exports and increase imports according to domestic demand. More international container and general cargo ships have arrived at Yangon ports since May, handling more than 11,000 containers and 115,000 metric tons of general cargo, according to the Myanmar Ports Authority. Yangon Port is under the supervision and management of the Myanmar Ports Authority. Due to the cooperation of shipping lines and importers, container vessels can be serviced in an average of three days in May 2021.

Shipments and cargo handling have risen since May, handling more than 11,000 containers and 115,000 metric tons of general cargo. In June, up to 40 container vessels entered the country. Maersk Line Myanmar (Sealand Maersk) has launched three new container vessels to meet the needs of maritime trade. The three new ships will have a capacity of 1,750 TEU 21,000 metric tons (9.5 meters in depth) and were built specifically for the Myanmar market. With the expansion of these new container vessels, there will be enough space & equipment for exports and shipments will not have to wait for a booking. The discovery of a new waterway on the Yangon River has allowed international vessels to enter and leave the port of Thilawa, which has been allowed to raise the water limit. According to a statement from the Myanmar Ports Authority, 152 vessels over 30,000 tonnes entered Rangoon port and Thilawa port in the five months since the new dam was allowed to be extended due to the discovery of a new waterway on the Yangon River.

Source: Daily Eleven

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More containers and general cargo ships have arrived at Yangon ports since May, handling more than 11,000 containers and 115,000 metric tons of general cargo

More international container and general cargo ships have arrived at Yangon ports since May, handling more than 11,000 containers and 115,000 metric tons of general cargo, according to the Myanmar Ports Authority. Yangon Port is under the supervision and management of the Myanmar Ports Authority. Due to the cooperation of shipping lines and importers, container vessels can be serviced in May 2021 with an average turnaround time of three days. Shipments and cargo handling have risen since May, handling more than 11,000 containers and 115,000 metric tons of general cargo. In June, up to 40 container vessels are scheduled to enter service.

Maersk Line Myanmar (Sealand Maersk) will launch three new container vessels to meet maritime trade needs. Maersk Line Myanmar will launch new vessels, the Maersk Norberg, Maersk Narvik and Maersk Nesna. Of the three ships, the Maersk Norberg will dock at MITT and MIP ports, and the Launching Ceremony was held on June 10, 2021 at MIP Port. The three new ships will have a capacity of 1,750 TEU 21,000 metric tons (9.5 meters in depth) and were built specifically for the Myanmar market. With the expansion of these new container vessels, there will be enough space & equipment for exports and shipments will not have to wait for a booking.

According to a statement from the Myanmar Ports Authority, 35 container vessels are scheduled to re-launch in June this year to increase exports during the open season and increase imports to meet domestic demand. Last May, only 24 container vessels were scheduled to arrive, but as of May 31, a total of 37 vessels had sailed, according to the Myanmar Port Authority. According to a statement from the Myanmar Ports Authority, 152 vessels over 30,000 tonnes entered Rangoon ports and Thilawa ports in the five months since the new waterway was allowed to be extended due to the discovery of a new waterway on the Yangon River.

Source: The Global New Light of Myanmar

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Spikes in shipping rate pose hurdles for exporters during global pandemic

The shipping rates and the container cost are rocketing in maritime trade amidst the COVID-19 pandemic, posing the toughest hurdles for rice exporters, said U Than Oo, secretary of Bayintnaung Rice Wholesale Centre. The shipping rates and container cost dramatically surged by four to ten times higher than previous freight rates. The traders are financially not doing well with the purchase price from foreign trade partners for now. Consequently, they halt trading for a while. They cannot sell the rice at the prevailing market price, in terms of Cost, Insurance, and Freight (CIF) and agreement.

They cannot bear the exorbitant freight rates when the ships are docked at the port. The spikes in shipping cost amid the pandemic-induced container shortage scaled down the imports as well. So, the arrivals of the container ships declined. It somehow hurt the export sector. When the traders hire the ships with competitive pricing, it pushed up the freight rates. They cannot make profit with high shipping costs. This being so, trading is suspended at the present time.

Additionally, container shortage problems also hinder trading under the Free on Board (FOB) agreement. The goods are stockpiled in the warehouse as the ships rarely arrive. As a result of this, rice shipment to the southeast Asian nations and European countries came to abrupt stop. Myanmar is constantly delivering rice and broken rice only to Bangladesh, according to Bayintnaung Rice Wholesale Centre. Moreover, limiting cash withdrawal from the banks is a contributing factor to the money transaction problem in rice trade. Earlier, about 80,000 bags of rice and broken rice were daily traded at the Bayintnaung Rice Wholesale Centre, whereas only 30,000 bags are traded for now. 

Source: The Global New Light of Myanmar

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Maersk Line Myanmar (Sealand Maersk) to launch three new container vessels to meet maritime trade needs

Maersk Line Myanmar (Sealand Maersk) will launch three new container vessels to meet maritime trade needs. Maersk Line Myanmar will launch new vessels, the Maersk Norberg, Maersk Narvik and Maersk Nesna. Of the three ships, the Maersk Norberg will dock at MITT and MIP ports, and the Launching Ceremony was held on June 10, 2021 at MIP Port. The three new ships will have a capacity of 1,750 TEU 2100 metric tons (9.5 meters). It was built specifically for the Myanmar market. With the expansion of these new container vessels, there will be enough space & equipment for exports and shipments will not have to wait for a booking.

According to the Myanmar Ports Authority, 35 container vessels are scheduled to enter the country in June to increase exports during the open season and increase imports to meet domestic demand. Last May, only 24 container vessels were scheduled to arrive, but as of May 31, a total of 37 vessels have been operated, according to the Myanmar Port Authority. International trade; Export Coordinating meetings were held to facilitate the import of goods and the flow of goods, to increase the access of container vessels and to address the need for containers for exports. At the meeting, the Chief Executive Officer; Myanma Port Authority has reported a drop in container arrivals at Yangon Port since the COVID-19 incident. The situation of increasing demand for container for export was discussed.

He also briefed on the current situation of daily port operations at various container ports. The shipping lines are also currently suspending / suspending some vessels. In May this year, a total of 24 container vessels are scheduled to be operated by shipping lines. Depending on the market demand, special flights will be provided. He explained the conditions for providing containers and refrigerators for exporters. The discovery of a new waterway on the Yangon River has allowed international vessels to enter and leave the port of Thilawa, which has been allowed to increase the restriction on the tide. According to a statement from the Myanmar Ports Authority, 152 vessels over 30,000 tonnes entered Rangoon ports and Thilawa ports within five months of the new tide restrictions being extended due to the discovery of a new waterway on the Yangon River.

Source: Daily Eleven