Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Cargo on course at Sihanoukville port

Cargo on course at Sihanoukville port

An aerial view of the Sihanoukville Autonomous Port in Preah Sihanouk province.
An aerial view of the Sihanoukville Autonomous Port in Preah Sihanouk province. Heng Chivoan

Cargo on course at Sihanoukville port

Cargo throughout at Sihanoukville port, the country’s only deep-sea port, is on track to grow by 10 percent this year in line with projections, a port official said yesterday.

So Seang, director of the planning, procurement and statistics department at Sihanoukville Autonomous Port (PAS), said gross throughput at the port increased by 7.5 percent during the first nine months of the year compared with a year earlier, surpassing 3.2 million tonnes.

There was a noticeable increase in container traffic during the period he noted. Records show a total of 171,486 twenty foot equivalent units (TEU) imported during the first nine months of the year, a 13.7 percent increase over the same period in 2016. Exports amounted to 169,458 TEU, an increase of nearly 11 percent.

“The trend of cargo traffic reflects the strong growth of Cambodia’s economy,” Seang said. “The [port’s development] plan projects 10 percent annual growth.”

Seang said container throughput at PAS is expected to approach 500,000 TEU this year.

The port has the capacity to handle 700,000 TEU a year.

“The port will have to be expand in order to serve the demands of the market,” he said, adding that PAS will commence an expansion next year to increase the port’s draft to 14.5 metres.

Total gross throughput at PAS was 4 million tonnes last year, with 198,509 TEU imported and 201,678 TEU exported. PAS debuted on Cambodia’s stock exchange in June after an initial public offering that raised $27 million. The company’s stock was trading at 5,040 riel yesterday.

RECOMMENDED STORIES

  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all