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

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

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

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

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

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

Myanmar Industrial Port provides services for 25-35 cargo ships every month to facilitate trade

In order to facilitate exports and imports, Myanmar Industrial Port (MIP) is reportedly handling 25 to 35 cargo ships per month. Myanmar delivers agriculture and livestock products, finished industrial goods and other goods to external markets via the sea trade. The smooth transition of cargo ships and containers is contributing to the mechanism of economic development. There are five important terminals of Yangon Port and two Thilawa terminals in maritime trade in Yangon. International trade depends on 90 per cent of the sea trade during the COVID-19 pandemic.

Myanmar’s government endeavoured to ensure trade facilitation and maritime trade returned to normalcy through a concerted effort. MIP is providing 24-hour services for six ocean liners including Myanmar Five Star Line, with over 700 staff and over 200 wage labourers. MIP gave the go-ahead for export cargo with the necessary documents from Myanma Port Authority. Then, the Customs Department proceeded to the screening process for exports. For the imports, cargo unloaded from ships is temporarily piled up and the owners can withdraw them after the tax payment.

“MIP is delighted with its 24-hour nonstop service to ensure the fast and reliable cargo handling and withdrawal of the containers under the supervision of Myanma Port Author- ity. Three X-ray machines scan the goods and the goods can be withdrawn once they pass the Myanmar Customs. If we move the screening process of exports to Dry Port, it would handle more containers up to nearly 1,000 from over 500. It will increase revenues and make trade faster. That kind of constructive approach in line with global standards in maritime and port will bring about the benefits to the State”, said an official of MIP.

A 20-feet container is allowed to keep at MIP for seven days with daily container service charges of US$2-4. If they remain stranded at the Port for one year, they will be publicly auctioned off. Those containers unclaimed at the Port can wreak havoc on the cargo handling process and trade flow. Myanmar Port Authority and Myanmar Customs Department are implementing a plan to clear those abandoned containers through public auction at Yangon Port terminals. Between January and December 2021, MIP handled over 2,110,000 (20-40 feet) containers and over 307,000 Twenty-foot Equivalent Units. It provided safe and fast cargo loading and unloading services for 230 cargo ships. 

Source: The Global New Light of Myanmar

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

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

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