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Logo of Phnom Penh Post newspaper Phnom Penh Post - Sihanoukville port revenues see increase

Sihanoukville port revenues see increase

Sihanoukville port revenues see increase

Cargo shipment revenue at Sihanoukville Autonomous Deep Sea Port increased 33 per  cent in January compared to the same time last year, according to data obtained yesterday from the port.

The data showed that revenues reached $2.5 million, up from $1.87 in January 2011.

More than 29,400 tonnes of cargo passed through the port last month, a year-on-year jump of 24.8 per cent.

Growth in trade accounted for increased revenue, the port’s general director Lou Kim Chhun told the Post on Wednesday. He predicted a strong increase in shipments in the second quarter of 2012.

“There are a lot of goods being transported in May and June. Most of the demand is from Europe,” Lou Kim Chhun said, adding that clothing, cosmetics, electronics and vehicles composed the majority of the products crossing through the port.

Sin Chanthy, general secretary of the Cambodia Freight Forwarders Association and president of Linehaul Express (Cambodia) Co Ltd, reported a slight decrease in imports via the Sihanoukville port despite the climb in overall shipments.

“Most products are imported from China, but China was busy with Chinese New Year,” he said.

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