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In order to increase imports to meet the domestic demand, the number of container vessels added to shipping lines is increased from 24 to 37 this month

According to the Myanmar Ports Authority, the number of container vessels will increase from 24 to 37 in May, as the number of container vessels is expected to be extended in May to increase exports during the open season and increase imports to meet domestic demand. The number of ships arriving at Rangoon ports was low between February and March this year, and a total of 24 container vessels are scheduled to be launched by the shipping line in the last week of April. A total of 33 container vessels are scheduled to be shipped to Yangon port in May this year to ensure timely shipments, and special routes will be added to meet market demand, according to the Myanmar Port Authority.

A coordination meeting was held to facilitate the international trade, the import of goods and the flow of goods, to increase the number of container vessels and to meet the demand for containers for export. At the meeting, the Chief Executive Officer of Myanmar Port Authority has reported a drop in container arrivals at Yangon Port since the COVID-19 incident. He called on Myanmar to work together to increase the volume of shipping and reduce the need for container shipping in international trade, with the ongoing demand for containers in the global market, and especially in the Asian and Southeast Asian markets, the current demand for containers and refrigerated containers in Myanmar to ensure timely export and safe port operations as usual.

The Chief Executive Officer 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 in 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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