epa07799064 A general view shows trucks loaded containers at Asia World shipping container terminal in Yangon, Myanmar, 28 August 2019. According to figure by Myanmar Ministry of Commerce, Myanmar's total trade with foreign countries reached over 30.593 billion USD as of 16 August 2019 in present fiscal year (from 01 October 2018 to 31 September 2019), of which the export reached 14.69 billion USD while the import was 15.903 billion USD. In 2017-2018 October to September fiscal year, the total trade was 35.895 billion USD and the trade balance had a deficit of 3 billion USD. The most important exports in Myanmar are manufactured products whereas the non-electric machinery and transport equipment are the major products of imports.  EPA-EFE/LYNN BO BO

51 cargo ships slated to arrive at Yangon Port this month

A total of 51 cargo ships carrying many containers are scheduled to enter Yangon Port in February 2023, according to Myanmar Port Authority. This month, nine cargo ships run by New Golden Sea (COSCO), another nine by Sealand Maersk Asia, four by MSC Line, three each by PIL Line, R.C.L Line, Samudra Shipping Line, SITC and TI2 Container Line, two each by BLPL Shipping Line, Ever Green Line, X-Press Feeder and RCL Line and one each by Bay Line, CMA CGM Line, Gold Star Line, IAL Line, Land & Sea and MTT Shipping  Line will enter Yangon Port.

Yangon Port saw the entry of 52 cargo ships in January 2023. Yangon Port handled a total of 620 cargo ships this year, according to Myanmar Port Authority. The number of cargo ships entering Yangon Port stands at 49 in January, 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 2022 respectively. From May 2021, the arrival of ships at terminals in Yangon has increased again.

To fulfil the seaborne trade requirements, three new cargo ships by Maersk Line Myanmar (Sea Land Maersk) started to run in 2021. Myanmar Port Authorities 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 meters with the new navigation channel accessing the inner Yangon River and the international ocean liners can access the inner port at present.

Source: The Global New Light of Myanmar

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52 cargo ships scheduled to arrive at Yangon Port in Jan 2023

A total of 52 cargo ships carrying many containers are slated to enter Yangon Port in January 2023, according to Myanmar Port Authority. This month, nine cargo ships, which are run by Sealand Maersk Asia, eight by New Golden Sea (Cosco), six by Samudera Shipping Line, four each by MSC Line, SITC Line and RCL, three each by TI2 Container Line and PIL, two by CMA CGM Line, Ever Green Line and X-Press Feeder and one by Bay Line, IAL, BLPL Shipping Line, Land & Sea and CSL and will enter Yangon Port.

Yangon Port handled a total of 620 cargo ships last year, according to Myanmar Port Authority. The number of cargo ships 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 cargo ships by Maersk Line Myanmar (Sealand Maersk) started to run in 2021. Myanmar Port Authorities 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

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YCX maritime cargo transportation process connected with ports in four ASEAN countries on 3 January

The YCX marine product transportation process will be launched to connect with ports in four ASEAN countries, including Myanmar on 3 January. The maritime cargo transportation business will be operated along the route of Singapore-Port Klang-Yangon-Yangon-Port Klang-Singapore- Sihanoukville-Singapore. It is carried out by CMA CGM Group, the third largest container shipping company in the world.

It is the Yangon Cambodia Express (YCX) sea route that will directly connect with Myanmar, Singapore, Malaysia and Cambodia. CMA CGM Group said that it is planning to operate a ocean-liners to four countries in the Southeast Asian region with the aim of improving imports and exports with rapid delivery of goods due to the introduction of new sea transportation to transport goods.

In addition, transport charges can also be reduced. CMA CGM is a maritime shipping company that uses 257 shipping routes to connect between 420 ports in more than 160 countries. The company will mainly use container ships to transport cargo among ASEAN four countries.

Source: The Global New Light of Myanmar

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54 container ships scheduled to arrive at Yangon Port in Dec

A total of 54 container ships carrying many containers are slated to enter Yangon Port in December, according to Myanmar Port Authority. This month, nine cargo ships run by Sealand Maersk Asia, seven each by New Golden Sea (Cosco) and Samudera Shipping Line, five by MSC Line, four by SITC Line, three each by Ever Green Line, IAL, PIL, RCL and X-Press Feeder, two each by Bay Line, BLPL and T12 Container Line and one by Land and Sea Line will enter Yangon Port, totalling 54 cargo ships. Last November, 51 cargo ships arrived at Yangon Port.

Therefore, the number of cargo ships increased by three from last month’s number. Yangon Port handled a total of 620 cargo ships this year, according to Myanmar Port Authority. The number of cargo ships entering Yangon Port stands at 49 in January, 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 and 51 in November respectively. From May 2021, the arrival of ships at terminals in Yangon has increased again.

To fulfil the seaborne trade requirements, three new cargo ships by Maersk Line Myanmar (Sealand Maersk) started to run in 2021. Myanmar 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

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China’s RCEP regional new waterway to run through Yangon Port

China has opened the Beibu Gulf Port-RCEP regional waterway which will make a brief stopover at the Yangon Port, and four cargo ships will run weekly, according to the announcement of the Chinese Embassy in Myanmar. It was mentioned in the announcement that the successful arrival of the “SITC Venus” cargo ship at the Qinzhou port zone in Beibu Gulf Port, Guangxi Province, on 28 October was the successful opening of the Beibu Gulf Port-Myanmar direct waterway.

Many reviews were released after the opening of the new waterway that another proper waterway was supposedly introduced between the Beibu Gulf Port and the RCEP region. The waterway will run with four cargo ships weekly. The ports of arrival are as follows: Qinzhou-Nansha-Shekou-Khlan-Yangon- Belawan-Khlan-Nansha-Shekou-Hai Phong-Qinzhou.

The disclosure of the new waterway will densify the international maritime network between Beibu Gulf Port and RCEP region, contribute to more convenient export-import channels for goods, and reduce a lot of logistic and storage costs of businesses. Export goods will reach Yangon, Myanmar, 12 days after the departure from the Qinzhou Port via the new waterway and the length of time the journey takes will be reduced by 40 per cent, according to the statement. 

Source: The Global New Light of Myanmar

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50 international container ships to dock at Yangon port in October

Under the supervision and management support of the Myanma Port Authority in order to increase exports and import volume according to domestic demands, officials are speeding up the smooth flow of trade and goods. In cooperation with shipping lines and import and export operators, 50 international container ships from 13 shipping lines plan to dock at Yangon’s five international ports and Thilawa’s two ports in October, according to the Myanma Port Authority.

At the Yangon ports, there are two sections carried out by Export Cargo and Import Cargo. In the Export Cargo section, the Myanmar Port Authority allows entry with the necessary documents, and after inspection by the Customs Department, the export of goods is processed. In the Import Cargo section, the cargo containers unloaded from the cargo ship are temporarily piled up, and the customers can pay the tax fee with the documents themselves and promptly take out the cargo containers.

Agricultural and livestock products, finished garments, finished industrial products and other products were transported by sea in order to contribute to the economic machinery of the State through entry and exit and smooth export and import processes from the ports. Entry and exit of ocean liners, on the other hand, helps reduce costs for export products. To facilitate the international maritime freight sector, the government takes measures on export of marine products, finished textile and agricultural produce by sea in the early 2022. In October, 50 container ships are scheduled to dock at Yangon’s international ports in order to facilitate the export and import smooth process of agriculture and industrial operators.

Source: The Global New Light of Myanmar

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The new Sittwe Port, which is part of the Kelantan Multi-Use Transport Project (KMIT), will be opened soon and will be able to accommodate 5,000-6,000 ton ships

The new Sittwe Port, which is part of the Kelantan Multipurpose Transport Project (KMIT), will open soon and will be able to berth 5,000-6,000 ton ships, according to the Rakhine State Chamber of Commerce and Industry. In a meeting with Indian Consul General Mr. Bibekananda Bhattamishra and officials and officials of Rakhine State Chamber of Commerce and Industry on August 27, the Indian Consulate and KMTT port officials said the above. KMTT@kaladan, which has already been completed under the India-Myanmar Friendship Program.

The new Sittwe port of the Multi-Transit Transport project will be operational soon. 5000-6000 ton ships will be able to berth. He also accepted and welcomed the cooperation of the businessmen to start the operation of the port. If you need to contact us at any time, we welcome you. Creating employment opportunities; The Rakhine State Traders and Industrialists Association announced that the Indian Consulate and KMTT port officials said that they will work with Rakhine State merchants and industrialists to facilitate the systematic development of trade processes and information sharing.

At the invitation of Indian Consul General Mr.Bibekananda Bhattamishra, a dinner ceremony was held at Royal Sittwe Resort on August 27. U Shwe Maung, chairman of the Rakhine Coast Boat Owners Association, U Than Shwe, chairman of the Rakhine State Millers Association, and millers, U Khin Maung Gyi, Chairman of Rakhine Ethnic Entrepreneurs Association REA; U Kyaw Min Tun, Chairman of Rakhine Youth Entrepreneurs Association RYEA; Rakhine MSME Association vice president Daw Hema San and officials. It is reported that U Maung Win Che and officials from the Rakhine State Road and Highway Transport Association attended. On the Indian side, Mr. Tsewang Gyaltson, Indian Consul General and Economic Consul; Mr.Vikash Kumar Rai, Chief Officer of India-Myanmar Friendship Port KMTT Port Operator (AtoZ EXIM Company) and port officials. Officials of the Indian Consulate were said to have attended.

Source: Daily Eleven

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55 cargo ships to dock in Myanmar in August

The Myanmar government is providing more support to export and import sectors to facilitate the trade flows of locally-produced products. A total of 55 cargo ships will dock at Yangon Port and Thilawa Port in August, according to the Myanma Port Authority.

Myanmar mainly exports maritime products, forest products, agricultural produce and fishery products, while it imports raw textile, construction materials, machinery and commodities. The trade inflows via maritime routes are operating as usual.

As the country boasts of proper sea trade, it benefits the shippers, entrepreneurs, agricultural and livestock businesses and also can create job opportunities. Therefore, 55 cargo ships will dock at five ports in Yangon and two ports in Thilawa Ports this month. 

Source: The Global New Light of Myanmar

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Myanmar ships 14,110 MT of rice in first week of July

Myanmar exported over 14,110 metric tons of rice worth US$5.247 million via the maritime route in the first week of July, according to the Myanmar Rice Federation-MRF.

For this week, Myanmar delivers rice to the Philippines most with over 11,270 tonnes while over 1,118 tonnes to China, 80 tonnes to Hong Kong, 24 tonnes to Singapore, over 640 tonnes to Italy, 377 tonnes to Germany, 500 tonnes to Poland and 100 tonnes to the Czech Republic.

The country earned about $0.899 million from the export of 2,560 tonnes of broken rice via the maritime route this week and exported 2,060 tonnes and 500 tonnes of broken rice to China and Belgium respectively. Myanmar received $6.146 million by exporting a total of 16,670 tonnes of rice and broken rice this week. Compared to the previous week’s export, it was more than $0.942 million and more than over 2,600 tonnes.

Source: The Global New Light of Myanmar

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Yangon Port handles 306 cargo ships in H1

A total of 306 cargo ships docked at Yangon Port in the first half of 2022 (Jan-June), according to the Myanma Port Authority. The shipping lines have planned to extend ranges of services starting from May in order to facilitate exports and imports. The cargo ships are increasingly entering the terminals in Yangon. The number of cargo ships entering Yangon Port stood at 49 in January, 48 in February, 50 in March, 52 in April, 54 in May and 53 in June respectively.

The turnaround time at the port was designated approximately three days, under the instruction of the Myanma Port Authority and the cooperation of the ocean liners, exporters and importers. Therefore, the arrival of the ships has increased. The Myanma Port Authority and Yangon inner terminals are providing services to ensure the fast and reliable freight handling and withdrawal of the containers in order for trade flow to return to normalcy. Earlier, the larger ships had draft problems preventing their sailing on the Yangon River. The draft extension is up to 10 meters with the new navigation channel accessing the inner Yangon River.

The value of Myanmar’s maritime trade between 1 April and 24 June of the current financial year 2022-2023 surged to US$5.9 billion. The figure reflected an increase of US$1.49 million as against last FY. Sea trade rose from $4.4 billion recorded during the year-ago period, the statistics of Myanmar Customs Department showed. Exports through sea trade were valued at $2.49 billion, imports were registered at $3.4 billion. 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 to Myanmar’s maritime trade, and includes the Yangon inner terminals and the outer Thilawa Port.

Source: The Global New Light of Myanmar